Madagascar vs Saudi Arabia: Personal remittances, received
Personal remittances, received over time
- Madagascar
- Saudi Arabia
How they compare
Madagascar currently reports 406.26 million current US$ against 350.57 million current US$ in Saudi Arabia, a difference of 55.69 million current US$.
That makes Madagascar's figure about 1.2 times Saudi Arabia's.
The two have swapped places 4 times across 20 shared years of data; in 2005 it was Madagascar ahead.
Madagascar ranks 127th and Saudi Arabia ranks 129th of 196 countries.
Madagascar has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Madagascar | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 220.83 million current US$ | 150.70 million current US$ | 70.12 million current US$ | Madagascar |
| 2010s | 362.55 million current US$ | 284.07 million current US$ | 78.48 million current US$ | Madagascar |
| 2020s | 407.61 million current US$ | 307.00 million current US$ | 100.61 million current US$ | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Madagascar or Saudi Arabia?
- Madagascar, at 406.26 million current US$ against 350.57 million current US$ in Saudi Arabia as of 2024.
- What is the difference in personal remittances, received between Madagascar and Saudi Arabia?
- 55.69 million current US$, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Saudi Arabia?
- 20 years are reported by both, from 2005 to 2024.
- How do Madagascar and Saudi Arabia rank globally for personal remittances, received?
- Madagascar ranks 127th and Saudi Arabia ranks 129th of 196 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.