Personal remittances, paid (current US$), per capita in Madagascar
Madagascar: Personal remittances, paid (current US$), per capita was 2.7 current US$ per person in 2024. ◆ Volatile
Personal remittances, paid (current US$), per capita in Madagascar, 1974–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
The most recent figure for personal remittances, paid (current us$), per capita in Madagascar is 2.7 current US$ per person, measured in 2024.
The figure is up 9.3% on the previous year and up 34.2% over ten years.
Over the whole period, personal remittances, paid (current us$), per capita in Madagascar peaked at 4.82 current US$ per person in 1975 and was at its lowest, 0.2686 current US$ per person, in 2002.
Madagascar ranks 180th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$), per capita in Madagascar, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1974 | 2.71 current US$ per person | — |
| 1975 | 4.82 current US$ per person | +78.3% |
| 1976 | 4.35 current US$ per person | -9.7% |
| 1977 | 3.16 current US$ per person | -27.4% |
| 1978 | 3.23 current US$ per person | +2.1% |
| 1979 | 3.01 current US$ per person | -6.8% |
| 1980 | 3.47 current US$ per person | +15.1% |
| 1981 | 2.51 current US$ per person | -27.5% |
| 1982 | 2.1 current US$ per person | -16.4% |
| 1983 | 1.24 current US$ per person | -41.1% |
| 1984 | 1.05 current US$ per person | -15.2% |
| 1985 | 1.38 current US$ per person | +31.7% |
| 1986 | 1.52 current US$ per person | +9.8% |
| 1987 | 1.08 current US$ per person | -29.0% |
| 1988 | 1.22 current US$ per person | +13.0% |
| 1989 | 1.15 current US$ per person | -5.6% |
| 1990 | 1.45 current US$ per person | +26.3% |
| 1991 | 0.8045 current US$ per person | -44.6% |
| 1992 | 0.7372 current US$ per person | -8.4% |
| 1993 | 0.5076 current US$ per person | -31.1% |
| 1994 | 0.6205 current US$ per person | +22.2% |
| 1995 | 0.7883 current US$ per person | +27.1% |
| 1996 | 0.9104 current US$ per person | +15.5% |
| 1997 | 1.01 current US$ per person | +10.8% |
| 1998 | 0.8393 current US$ per person | -16.8% |
| 1999 | 0.7008 current US$ per person | -16.5% |
| 2000 | 0.7207 current US$ per person | +2.8% |
| 2001 | 0.6702 current US$ per person | -7.0% |
| 2002 | 0.2686 current US$ per person | -59.9% |
| 2003 | 0.9918 current US$ per person | +269.2% |
| 2004 | 0.4838 current US$ per person | -51.2% |
| 2005 | 1.21 current US$ per person | +149.9% |
| 2006 | 1.38 current US$ per person | +14.1% |
| 2007 | 1.88 current US$ per person | +36.5% |
| 2008 | 1.94 current US$ per person | +3.0% |
| 2009 | 2.3 current US$ per person | +18.6% |
| 2010 | 2.66 current US$ per person | +15.5% |
| 2011 | 2.38 current US$ per person | -10.5% |
| 2012 | 2.69 current US$ per person | +13.2% |
| 2013 | 2.29 current US$ per person | -14.9% |
| 2014 | 2.01 current US$ per person | -12.3% |
| 2015 | 2.28 current US$ per person | +13.5% |
| 2016 | 1.83 current US$ per person | -19.9% |
| 2017 | 2.37 current US$ per person | +29.8% |
| 2018 | 2.7 current US$ per person | +14.0% |
| 2019 | 2.24 current US$ per person | -17.0% |
| 2020 | 1.48 current US$ per person | -33.8% |
| 2021 | 1.82 current US$ per person | +22.8% |
| 2022 | 3.28 current US$ per person | +80.3% |
| 2023 | 2.47 current US$ per person | -24.9% |
| 2024 | 2.7 current US$ per person | +9.3% |
Madagascar compared with similar countries
- Madagascar's 2.7 current US$ per person is below the median for low income countries, which is 7.02 current US$ per person, 38% of the median. (23 countries reporting)
- Madagascar's 2.7 current US$ per person is below the median for Sub-Saharan Africa, which is 10.35 current US$ per person, 26% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), per capita in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +269.2% | 0.2686 current US$ per person | 0.9918 current US$ per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.55 current US$ per person | 2.71 current US$ per person | 4.82 current US$ per person | 6 |
| 1980s | 1.67 current US$ per person | 1.05 current US$ per person | 3.47 current US$ per person | 10 |
| 1990s | 0.8369 current US$ per person | 0.5076 current US$ per person | 1.45 current US$ per person | 10 |
| 2000s | 1.18 current US$ per person | 0.2686 current US$ per person | 2.3 current US$ per person | 10 |
| 2010s | 2.34 current US$ per person | 1.83 current US$ per person | 2.7 current US$ per person | 10 |
| 2020s | 2.35 current US$ per person | 1.48 current US$ per person | 3.28 current US$ per person | 5 |
Countries ranked near Madagascar
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$), per capita in Madagascar?
- Personal remittances, paid (current us$), per capita in Madagascar was 2.7 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per capita recorded in Madagascar?
- The highest recorded value was 4.82 current US$ per person in 1975.
- What is the lowest personal remittances, paid (current us$), per capita recorded in Madagascar?
- The lowest recorded value was 0.2686 current US$ per person in 2002.
- How does Madagascar rank for personal remittances, paid (current us$), per capita?
- Madagascar ranks 180th out of 196 countries with data for 2024.
- Is personal remittances, paid (current us$), per capita rising or falling in Madagascar?
- Over the last ten years it is up 34.2%. 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$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ Population, total
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.