Guinea vs Madagascar: Personal remittances, received (current US$) (Personal IMF balance)
Personal remittances, received (current US$) (Personal IMF balance) over time
- Guinea
- Madagascar
How they compare
Guinea currently reports 616.42 million current US$ against 616.37 million current US$ in Madagascar, a difference of 52,000 current US$.
The two have swapped places 5 times across 39 shared years of data; in 1986 it was Madagascar ahead.
Guinea ranks 115th and Madagascar ranks 116th of 197 countries.
Across the 5 decades both report, Guinea averaged higher in 1 and Madagascar in 4.
Head to head by decade
| Decade | Guinea | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 12.30 million current US$ | 6.07 million current US$ | 6.23 million current US$ | Guinea |
| 1990s | 6.04 million current US$ | 11.31 million current US$ | 5.27 million current US$ | Madagascar |
| 2000s | 37.74 million current US$ | 118.33 million current US$ | 80.59 million current US$ | Madagascar |
| 2010s | 80.55 million current US$ | 362.55 million current US$ | 282.01 million current US$ | Madagascar |
| 2020s | 401.40 million current US$ | 407.61 million current US$ | 6.22 million current US$ | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Guinea or Madagascar?
- Guinea, at 616.42 million current US$ against 616.37 million current US$ in Madagascar as of 2024.
- What is the difference in personal remittances, received between Guinea and Madagascar?
- 52,000 current US$, with Guinea ahead.
- How many years of comparable data are there for Guinea and Madagascar?
- 39 years are reported by both, from 1986 to 2024.
- How do Guinea and Madagascar rank globally for personal remittances, received?
- Guinea ranks 115th and Madagascar ranks 116th of 197 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.