How does Madagascar rank for personal remittances, paid (current us$), per unit of gdp?

Madagascar ranks 133rd out of 195 countries with data for 2024.

Is personal remittances, paid (current us$), per unit of gdp rising or falling in Madagascar?

Over the last ten years it is up 23.3%. The long-run trend across the full record is volatile.

Personal remittances, paid (current US$), per unit of GDP in Madagascar

Name: Personal remittances, paid (current US$), per unit of GDP in Madagascar
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Madagascar: Personal remittances, paid (current US$), per unit of GDP was 0.0049 current US$ per US$ of GDP in 2024. ◆ Volatile

Latest (2024)

0.0049 current US$ per US$ of GDP

Change on year

up 2.1%

World rank

133rd

of 195 countries

All-time high

0.0164 current US$ per US$ of GDP

in 1975

All-time low

0.0009 current US$ per US$ of GDP

in 2002

Years of data

1974–2024

Personal remittances, paid (current US$), per unit of GDP in Madagascar, 1974–2024

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2024, personal remittances, paid (current us$), per unit of gdp in Madagascar stood at 0.0049 current US$ per US$ of GDP.

That represents a change of up 2.1% on the previous year and up 23.3% over ten years.

Over the whole period, personal remittances, paid (current us$), per unit of gdp in Madagascar peaked at 0.0164 current US$ per US$ of GDP in 1975 and was at its lowest, 0.0009 current US$ per US$ of GDP, in 2002.

That places Madagascar 133rd out of 195 countries with data for 2024, putting it 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$), per unit of GDP in Madagascar, year by year

Annual values for Personal remittances, paid (current US$), per unit of GDP in Madagascar, 1974 to 2024.
Year	current US$ per US$ of GDP	Change
1974	0.0106 current US$ per US$ of GDP	—
1975	0.0164 current US$ per US$ of GDP	+54.3%
1976	0.0159 current US$ per US$ of GDP	-2.6%
1977	0.011 current US$ per US$ of GDP	-30.7%
1978	0.0103 current US$ per US$ of GDP	-7.0%
1979	0.0076 current US$ per US$ of GDP	-25.9%
1980	0.006 current US$ per US$ of GDP	-21.0%
1981	0.0049 current US$ per US$ of GDP	-18.4%
1982	0.0042 current US$ per US$ of GDP	-14.3%
1983	0.0026 current US$ per US$ of GDP	-38.0%
1984	0.0027 current US$ per US$ of GDP	+4.7%
1985	0.0038 current US$ per US$ of GDP	+39.2%
1986	0.0038 current US$ per US$ of GDP	-1.2%
1987	0.0037 current US$ per US$ of GDP	-1.2%
1988	0.0043 current US$ per US$ of GDP	+17.1%
1989	0.0042 current US$ per US$ of GDP	-2.4%
1990	0.0045 current US$ per US$ of GDP	+5.0%
1991	0.0031 current US$ per US$ of GDP	-31.0%
1992	0.0025 current US$ per US$ of GDP	-17.3%
1993	0.0016 current US$ per US$ of GDP	-35.1%
1994	0.0024 current US$ per US$ of GDP	+45.5%
1995	0.0029 current US$ per US$ of GDP	+20.3%
1996	0.0027 current US$ per US$ of GDP	-7.2%
1997	0.0035 current US$ per US$ of GDP	+32.5%
1998	0.003 current US$ per US$ of GDP	-16.8%
1999	0.0026 current US$ per US$ of GDP	-11.2%
2000	0.0026 current US$ per US$ of GDP	-1.9%
2001	0.0021 current US$ per US$ of GDP	-18.4%
2002	0.0009 current US$ per US$ of GDP	-58.0%
2003	0.0028 current US$ per US$ of GDP	+219.3%
2004	0.0018 current US$ per US$ of GDP	-36.8%
2005	0.004 current US$ per US$ of GDP	+122.4%
2006	0.0043 current US$ per US$ of GDP	+7.6%
2007	0.0045 current US$ per US$ of GDP	+5.4%
2008	0.0038 current US$ per US$ of GDP	-15.7%
2009	0.0052 current US$ per US$ of GDP	+36.2%
2010	0.0059 current US$ per US$ of GDP	+14.6%
2011	0.0047 current US$ per US$ of GDP	-20.5%
2012	0.0055 current US$ per US$ of GDP	+16.1%
2013	0.0044 current US$ per US$ of GDP	-18.5%
2014	0.004 current US$ per US$ of GDP	-10.6%
2015	0.0051 current US$ per US$ of GDP	+28.9%
2016	0.004 current US$ per US$ of GDP	-21.4%
2017	0.0048 current US$ per US$ of GDP	+19.8%
2018	0.0054 current US$ per US$ of GDP	+12.0%
2019	0.0045 current US$ per US$ of GDP	-16.9%
2020	0.0033 current US$ per US$ of GDP	-26.6%
2021	0.0038 current US$ per US$ of GDP	+14.5%
2022	0.0065 current US$ per US$ of GDP	+72.9%
2023	0.0048 current US$ per US$ of GDP	-26.4%
2024	0.0049 current US$ per US$ of GDP	+2.1%

Madagascar compared with similar countries

Madagascar's 0.0049 current US$ per US$ of GDP is below the median for low income countries, which is 0.0087 current US$ per US$ of GDP, 56% of the median. (22 countries reporting)
Madagascar's 0.0049 current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0064 current US$ per US$ of GDP, 77% of the median. (45 countries reporting)

Biggest year-on-year movements

Years where Personal remittances, paid (current US$), per unit of GDP 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	+219.3%	0.0009 current US$ per US$ of GDP	0.0028 current US$ per US$ of GDP

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	0.012 current US$ per US$ of GDP	0.0076 current US$ per US$ of GDP	0.0164 current US$ per US$ of GDP	6
1980s	0.004 current US$ per US$ of GDP	0.0026 current US$ per US$ of GDP	0.006 current US$ per US$ of GDP	10
1990s	0.0029 current US$ per US$ of GDP	0.0016 current US$ per US$ of GDP	0.0045 current US$ per US$ of GDP	10
2000s	0.0032 current US$ per US$ of GDP	0.0009 current US$ per US$ of GDP	0.0052 current US$ per US$ of GDP	10
2010s	0.0048 current US$ per US$ of GDP	0.004 current US$ per US$ of GDP	0.0059 current US$ per US$ of GDP	10
2020s	0.0047 current US$ per US$ of GDP	0.0033 current US$ per US$ of GDP	0.0065 current US$ per US$ of GDP	5

Countries ranked near Madagascar

130 Belarus 0.005 current US$ per US$ of GDP compare
131 Kosovo 0.005 current US$ per US$ of GDP compare
131 Kosovo (UNSCR 1244) 0.005 current US$ per US$ of GDP compare
134 Sudan 0.0048 current US$ per US$ of GDP compare
135 Zambia 0.0047 current US$ per US$ of GDP compare
136 Ireland 0.0044 current US$ per US$ of GDP compare

See the full ranking of 242 places →

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)

All data for Madagascar →

Frequently asked questions

What is personal remittances, paid (current us$), per unit of gdp in Madagascar?: Personal remittances, paid (current us$), per unit of gdp in Madagascar was 0.0049 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Madagascar?: The highest recorded value was 0.0164 current US$ per US$ of GDP in 1975.
What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Madagascar?: The lowest recorded value was 0.0009 current US$ per US$ of GDP in 2002.
How does Madagascar rank for personal remittances, paid (current us$), per unit of gdp?: Madagascar ranks 133rd out of 195 countries with data for 2024.
Is personal remittances, paid (current us$), per unit of gdp rising or falling in Madagascar?: Over the last ten years it is up 23.3%. 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 unit of GDP. Statizoid updates them automatically from the source API.

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Personal remittances, paid (current US$), per unit of GDP in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://economy.statizoid.com/stat/personal-remittances-paid-current-us-per-unit-of-gdp/madagascar/

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How this figure is calculated

Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Personal remittances, paid (current US$) ÷ GDP (current US$)

Computed from

Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
GDP Country official statistics, National Statistical Organizations and/or Central Banks

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

Indicator: Personal remittances, paid (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 242 places, 9,632 data points, 1966–2025
Last refreshed: 12 September 2026

Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.