Hong Kong vs Madagascar: Personal remittances, received

Hong Kong
457.57 million current US$
in 2024
Madagascar
406.26 million current US$
in 2024
Hong Kong rank
124th
Madagascar rank
127th

Personal remittances, received over time

  • Hong Kong
  • Madagascar
0100.0M200.0M300.0M400.0M500.0M197419992024

How they compare

Hong Kong currently reports 457.57 million current US$ against 406.26 million current US$ in Madagascar, a difference of 51.31 million current US$.

That makes Hong Kong's figure about 1.1 times Madagascar's.

The two have swapped places 6 times across 27 shared years of data; in 1998 it was Hong Kong ahead.

Hong Kong ranks 124th and Madagascar ranks 127th of 196 countries.

Hong Kong has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Hong Kong Madagascar Difference Ahead
1990s 142.05 million current US$ 11.54 million current US$ 130.51 million current US$ Hong Kong
2000s 237.93 million current US$ 118.33 million current US$ 119.59 million current US$ Hong Kong
2010s 388.97 million current US$ 362.55 million current US$ 26.41 million current US$ Hong Kong
2020s 441.90 million current US$ 407.61 million current US$ 34.29 million current US$ Hong Kong

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal remittances, received, Hong Kong or Madagascar?
Hong Kong, at 457.57 million current US$ against 406.26 million current US$ in Madagascar as of 2024.
What is the difference in personal remittances, received between Hong Kong and Madagascar?
51.31 million current US$, with Hong Kong ahead.
How many years of comparable data are there for Hong Kong and Madagascar?
27 years are reported by both, from 1998 to 2024.
How do Hong Kong and Madagascar rank globally for personal remittances, received?
Hong Kong ranks 124th and Madagascar ranks 127th of 196 countries.
Where does this data come from?
IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Hong Kong vs Madagascar: Personal remittances, received. Statizoid, drawing on IMF balance of payments data, International Monetary Fund (IMF). Retrieved 29 August 2026, from https://economy.statizoid.com/compare/personal-remittances-received-current-us/hong-kong-sar-china/madagascar/

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About this data

Indicator
Personal remittances, received (current US$)
Unit
current US$
Source
IMF balance of payments data, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 9,711 data points, 1970–2025
Last refreshed

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.