Latin America & Caribbean vs Madagascar: Secondary income receipts (BoP, current US$), annual growth rate

Latin America & Caribbean
3.84 % change on previous year
in 2024
Madagascar
22.99 % change on previous year
in 2024
Latin America & Caribbean rank
21st
Madagascar rank
24th

Secondary income receipts (BoP, current US$), annual growth rate over time

  • Latin America & Caribbean
  • Madagascar
-50050100150197519992024

How they compare

Madagascar currently reports 22.99 % change on previous year against 3.84 % change on previous year in Latin America & Caribbean, a difference of 19.15 % change on previous year.

That makes Madagascar's figure about 6.0 times Latin America & Caribbean's.

The two have swapped places 27 times across 46 shared years of data; in 1979 it was Latin America & Caribbean ahead.

Latin America & Caribbean ranks 21st and Madagascar ranks 24th of 47 groups.

Across the 6 decades both report, Latin America & Caribbean averaged higher in 4 and Madagascar in 2.

Head to head by decade

Decade Latin America & Caribbean Madagascar Difference Ahead
1970s 50.77 % change on previous year -19.02 % change on previous year 69.79 % change on previous year Latin America & Caribbean
1980s 14.72 % change on previous year 12.95 % change on previous year 1.78 % change on previous year Latin America & Caribbean
1990s 12.13 % change on previous year -0.4514 % change on previous year 12.58 % change on previous year Latin America & Caribbean
2000s 12.31 % change on previous year 21.14 % change on previous year 8.84 % change on previous year Madagascar
2010s 5.71 % change on previous year 8.9 % change on previous year 3.19 % change on previous year Madagascar
2020s 11.55 % change on previous year 7.03 % change on previous year 4.52 % change on previous year Latin America & Caribbean

Averages of every year both report within each decade.

Frequently asked questions

Which has higher secondary income receipts (bop, current us$), annual growth rate, Latin America & Caribbean or Madagascar?
Madagascar, at 22.99 % change on previous year against 3.84 % change on previous year in Latin America & Caribbean as of 2024.
What is the difference in secondary income receipts (bop, current us$), annual growth rate between Latin America & Caribbean and Madagascar?
19.15 % change on previous year, with Madagascar ahead.
How many years of comparable data are there for Latin America & Caribbean and Madagascar?
46 years are reported by both, from 1979 to 2024.
How do Latin America & Caribbean and Madagascar rank globally for secondary income receipts (bop, current us$), annual growth rate?
Latin America & Caribbean ranks 21st and Madagascar ranks 24th of 47 groups.
Where does this data come from?
Statizoid (derived), published as Secondary income receipts (BoP, current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean vs Madagascar: Secondary income receipts (BoP, current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 20 September 2026, from https://economy.statizoid.com/compare/secondary-income-receipts-bop-current-us-annual-growth-rate/latin-america-and-caribbean/madagascar/

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About this data

Indicator
Secondary income receipts (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
245 places, 8,905 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Secondary income receipts (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.