Personal remittances, paid (current US$), annual growth rate in Madagascar
Madagascar: Personal remittances, paid (current US$), annual growth rate was 12.02 % change on previous year in 2024. ◆ Volatile
Latest (2024)
12.02 % change on previous year
Change on year
up 152.1%
World rank
66th
of 194 countries
All-time high
280.2 % change on previous year
in 2003
All-time low
-58.7 % change on previous year
in 2002
Years of data
50
1975–2024
Personal remittances, paid (current US$), annual growth rate in Madagascar, 1975–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for personal remittances, paid (current us$), annual growth rate in Madagascar is 12.02 % change on previous year, measured in 2024.
That represents a change of up 152.1% on the previous year and up 221.9% over ten years.
Over the whole period, personal remittances, paid (current us$), annual growth rate in Madagascar peaked at 280.2 % change on previous year in 2003 and was at its lowest, -58.7 % change on previous year, in 2002.
Madagascar ranks 66th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$), annual growth rate in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1975 | 83.75 % change on previous year | — |
| 1976 | -6.95 % change on previous year | -108.3% |
| 1977 | -25.12 % change on previous year | +261.6% |
| 1978 | 5.3 % change on previous year | -121.1% |
| 1979 | -3.88 % change on previous year | -173.2% |
| 1980 | 18.66 % change on previous year | -581.6% |
| 1981 | -25.31 % change on previous year | -235.6% |
| 1982 | -13.85 % change on previous year | -45.3% |
| 1983 | -39.32 % change on previous year | +184.0% |
| 1984 | -12.7 % change on previous year | -67.7% |
| 1985 | 35.53 % change on previous year | -379.8% |
| 1986 | 13.01 % change on previous year | -63.4% |
| 1987 | -26.99 % change on previous year | -307.5% |
| 1988 | 16.28 % change on previous year | -160.3% |
| 1989 | -2.78 % change on previous year | -117.1% |
| 1990 | 30.04 % change on previous year | -1179.1% |
| 1991 | -42.9 % change on previous year | -242.8% |
| 1992 | -5.56 % change on previous year | -87.0% |
| 1993 | -29.01 % change on previous year | +421.7% |
| 1994 | 26.1 % change on previous year | -189.9% |
| 1995 | 31.13 % change on previous year | +19.3% |
| 1996 | 19.26 % change on previous year | -38.1% |
| 1997 | 14.5 % change on previous year | -24.7% |
| 1998 | -14.05 % change on previous year | -196.9% |
| 1999 | -13.75 % change on previous year | -2.1% |
| 2000 | 6.16 % change on previous year | -144.8% |
| 2001 | -4.1 % change on previous year | -166.6% |
| 2002 | -58.7 % change on previous year | +1330.7% |
| 2003 | 280.2 % change on previous year | -577.3% |
| 2004 | -49.78 % change on previous year | -117.8% |
| 2005 | 157.32 % change on previous year | -416.0% |
| 2006 | 17.49 % change on previous year | -88.9% |
| 2007 | 40.52 % change on previous year | +131.6% |
| 2008 | 6.07 % change on previous year | -85.0% |
| 2009 | 22.13 % change on previous year | +264.7% |
| 2010 | 18.92 % change on previous year | -14.5% |
| 2011 | -7.97 % change on previous year | -142.1% |
| 2012 | 16.41 % change on previous year | -305.9% |
| 2013 | -12.54 % change on previous year | -176.4% |
| 2014 | -9.87 % change on previous year | -21.3% |
| 2015 | 16.54 % change on previous year | -267.6% |
| 2016 | -17.8 % change on previous year | -207.6% |
| 2017 | 33.22 % change on previous year | -286.6% |
| 2018 | 16.97 % change on previous year | -48.9% |
| 2019 | -14.84 % change on previous year | -187.4% |
| 2020 | -32.1 % change on previous year | +116.3% |
| 2021 | 25.96 % change on previous year | -180.9% |
| 2022 | 84.83 % change on previous year | +226.8% |
| 2023 | -23.07 % change on previous year | -127.2% |
| 2024 | 12.02 % change on previous year | -152.1% |
Madagascar compared with similar countries
- Madagascar's 12.02 % change on previous year is above the median for low income countries, which is 4.47 % change on previous year, 2.7× the median. (22 countries reporting)
- Madagascar's 12.02 % change on previous year is above the median for Sub-Saharan Africa, which is 8.41 % change on previous year, 1.4× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.62 % change on previous year | -25.12 % change on previous year | 83.75 % change on previous year | 5 |
| 1980s | -3.75 % change on previous year | -39.32 % change on previous year | 35.53 % change on previous year | 10 |
| 1990s | 1.57 % change on previous year | -42.9 % change on previous year | 31.13 % change on previous year | 10 |
| 2000s | 41.73 % change on previous year | -58.7 % change on previous year | 280.2 % change on previous year | 10 |
| 2010s | 3.9 % change on previous year | -17.8 % change on previous year | 33.22 % change on previous year | 10 |
| 2020s | 13.53 % change on previous year | -32.1 % change on previous year | 84.83 % change on previous year | 5 |
Countries ranked near Madagascar
- 63 Malta 12.84 % change on previous year compare
- 64 Hong Kong, China 12.47 % change on previous year compare
- 65 Malaysia 12.41 % change on previous year compare
- 67 Austria 11.71 % change on previous year compare
- 68 Marshall Islands 11.18 % change on previous year compare
- 69 Belgium 10.96 % change on previous year compare
More economy & growth data for Madagascar
- Foreign direct investment, net outflows (BoP, current US$), gaps 134.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 606.21 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.69 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0345 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 18.96 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.8 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1583 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 87.11 includes gold, current US$ per person (2024)
Frequently asked questions
- What is personal remittances, paid (current us$), annual growth rate in Madagascar?
- Personal remittances, paid (current us$), annual growth rate in Madagascar was 12.02 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), annual growth rate recorded in Madagascar?
- The highest recorded value was 280.2 % change on previous year in 2003.
- What is the lowest personal remittances, paid (current us$), annual growth rate recorded in Madagascar?
- The lowest recorded value was -58.7 % change on previous year in 2002.
- How does Madagascar rank for personal remittances, paid (current us$), annual growth rate?
- Madagascar ranks 66th out of 194 countries with data for 2024.
- Is personal remittances, paid (current us$), annual growth rate rising or falling in Madagascar?
- Over the last ten years it is up 221.9%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Personal remittances, paid (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Personal remittances, paid (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.