Armenia vs Madagascar: Secondary income receipts
Secondary income receipts over time
- Armenia
- Madagascar
How they compare
Armenia currently reports 1.23 billion BoP, current US$ against 1.20 billion BoP, current US$ in Madagascar, a difference of 28.32 million BoP, current US$.
The two have swapped places 5 times across 32 shared years of data; in 1993 it was Madagascar ahead.
Armenia ranks 114th and Madagascar ranks 115th of 198 countries.
Armenia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 166.08 million BoP, current US$ | 132.51 million BoP, current US$ | 33.57 million BoP, current US$ | Armenia |
| 2000s | 559.01 million BoP, current US$ | 302.75 million BoP, current US$ | 256.27 million BoP, current US$ | Armenia |
| 2010s | 994.19 million BoP, current US$ | 766.23 million BoP, current US$ | 227.96 million BoP, current US$ | Armenia |
| 2020s | 1.41 billion BoP, current US$ | 1.04 billion BoP, current US$ | 365.30 million BoP, current US$ | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher secondary income receipts, Armenia or Madagascar?
- Armenia, at 1.23 billion BoP, current US$ against 1.20 billion BoP, current US$ in Madagascar as of 2025.
- What is the difference in secondary income receipts between Armenia and Madagascar?
- 28.32 million BoP, current US$, with Armenia ahead.
- How many years of comparable data are there for Armenia and Madagascar?
- 32 years are reported by both, from 1993 to 2024.
- How do Armenia and Madagascar rank globally for secondary income receipts?
- Armenia ranks 114th and Madagascar ranks 115th of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income receipts (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.