Belgium vs Madagascar: Personal remittances, received
Personal remittances, received over time
- Belgium
- Madagascar
How they compare
Madagascar currently reports 2.3% against 2.3% in Belgium, a difference of 0.0%.
The two have swapped places 3 times across 50 shared years of data; in 1975 it was Belgium ahead.
Belgium ranks 100th and Madagascar ranks 99th of 196 countries.
Across the 6 decades both report, Belgium averaged higher in 4 and Madagascar in 2.
Head to head by decade
| Decade | Belgium | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.9% | 0.0% | 0.9% | Belgium |
| 1980s | 1.0% | 0.1% | 0.9% | Belgium |
| 1990s | 1.8% | 0.3% | 1.5% | Belgium |
| 2000s | 1.8% | 1.4% | 0.4% | Belgium |
| 2010s | 2.3% | 3.0% | 0.7% | Madagascar |
| 2020s | 2.4% | 2.7% | 0.4% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Belgium or Madagascar?
- Madagascar, at 2.3% against 2.3% in Belgium as of 2024.
- What is the difference in personal remittances, received between Belgium and Madagascar?
- 0.0%, with Madagascar ahead.
- How many years of comparable data are there for Belgium and Madagascar?
- 50 years are reported by both, from 1975 to 2024.
- How do Belgium and Madagascar rank globally for personal remittances, received?
- Belgium ranks 100th and Madagascar ranks 99th of 196 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Personal remittances, received (% of GDP). 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.