Personal remittances, received (current US$), per capita in Madagascar
Madagascar: Personal remittances, received (current US$), per capita was 12.71 current US$ per person in 2024. ◆ Volatile
Personal remittances, received (current US$), per capita in Madagascar, 1974–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
Madagascar recorded 12.71 current US$ per person for personal remittances, received (current us$), per capita in 2024.
Compared with earlier readings it is up 27.3% on the previous year and down 8.6% over ten years.
Over the whole period, personal remittances, received (current us$), per capita in Madagascar peaked at 20.55 current US$ per person in 2010 and was at its lowest, 0.0054 current US$ per person, in 1979.
Madagascar ranks 177th of 197 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, received (current US$), per capita in Madagascar, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1974 | 0.0553 current US$ per person | — |
| 1975 | 0.0603 current US$ per person | +9.0% |
| 1976 | 0.0892 current US$ per person | +47.9% |
| 1977 | 0.0396 current US$ per person | -55.6% |
| 1978 | 0.0471 current US$ per person | +18.8% |
| 1979 | 0.0054 current US$ per person | -88.6% |
| 1980 | 0.042 current US$ per person | +681.5% |
| 1981 | 0.0238 current US$ per person | -43.4% |
| 1982 | 0.012 current US$ per person | -49.7% |
| 1983 | 0.0118 current US$ per person | -1.4% |
| 1984 | 0.5561 current US$ per person | +4612.5% |
| 1985 | 0.4384 current US$ per person | -21.2% |
| 1986 | 0.5467 current US$ per person | +24.7% |
| 1987 | 0.4208 current US$ per person | -23.0% |
| 1988 | 0.3544 current US$ per person | -15.8% |
| 1989 | 0.8323 current US$ per person | +134.8% |
| 1990 | 0.6529 current US$ per person | -21.6% |
| 1991 | 1.06 current US$ per person | +61.9% |
| 1992 | 1.19 current US$ per person | +12.4% |
| 1993 | 1.03 current US$ per person | -13.7% |
| 1994 | 0.9361 current US$ per person | -8.8% |
| 1995 | 0.6478 current US$ per person | -30.8% |
| 1996 | 0.4302 current US$ per person | -33.6% |
| 1997 | 0.8128 current US$ per person | +89.0% |
| 1998 | 0.74 current US$ per person | -9.0% |
| 1999 | 0.7264 current US$ per person | -1.8% |
| 2000 | 0.6824 current US$ per person | -6.1% |
| 2001 | 0.6383 current US$ per person | -6.5% |
| 2002 | 1.67 current US$ per person | +161.8% |
| 2003 | 0.8982 current US$ per person | -46.2% |
| 2004 | 0.6184 current US$ per person | -31.1% |
| 2005 | 5.31 current US$ per person | +758.1% |
| 2006 | 7.62 current US$ per person | +43.5% |
| 2007 | 12.52 current US$ per person | +64.5% |
| 2008 | 15.01 current US$ per person | +19.8% |
| 2009 | 13.17 current US$ per person | -12.3% |
| 2010 | 20.55 current US$ per person | +56.1% |
| 2011 | 14.68 current US$ per person | -28.6% |
| 2012 | 14.09 current US$ per person | -4.0% |
| 2013 | 14.84 current US$ per person | +5.3% |
| 2014 | 13.91 current US$ per person | -6.3% |
| 2015 | 12.85 current US$ per person | -7.6% |
| 2016 | 11.46 current US$ per person | -10.8% |
| 2017 | 12.8 current US$ per person | +11.6% |
| 2018 | 15.48 current US$ per person | +20.9% |
| 2019 | 14.45 current US$ per person | -6.6% |
| 2020 | 17.11 current US$ per person | +18.4% |
| 2021 | 14.81 current US$ per person | -13.4% |
| 2022 | 12.66 current US$ per person | -14.5% |
| 2023 | 9.98 current US$ per person | -21.1% |
| 2024 | 12.71 current US$ per person | +27.3% |
Madagascar compared with similar countries
- Madagascar's 12.71 current US$ per person is below the median for low income countries, which is 29.41 current US$ per person, 43% of the median. (23 countries reporting)
- Madagascar's 12.71 current US$ per person is below the median for Sub-Saharan Africa, which is 31.85 current US$ per person, 40% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$), per capita in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +4612.5% | 0.0118 current US$ per person | 0.5561 current US$ per person |
| 2005 | +758.1% | 0.6184 current US$ per person | 5.31 current US$ per person |
| 1980 | +681.5% | 0.0054 current US$ per person | 0.042 current US$ per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0495 current US$ per person | 0.0054 current US$ per person | 0.0892 current US$ per person | 6 |
| 1980s | 0.3238 current US$ per person | 0.0118 current US$ per person | 0.8323 current US$ per person | 10 |
| 1990s | 0.8218 current US$ per person | 0.4302 current US$ per person | 1.19 current US$ per person | 10 |
| 2000s | 5.81 current US$ per person | 0.6184 current US$ per person | 15.01 current US$ per person | 10 |
| 2010s | 14.51 current US$ per person | 11.46 current US$ per person | 20.55 current US$ per person | 10 |
| 2020s | 13.45 current US$ per person | 9.98 current US$ per person | 17.11 current US$ per person | 5 |
Countries ranked near Madagascar
- 174 South Africa 15.52 current US$ per person compare
- 175 Iraq 15.12 current US$ per person compare
- 176 Iran, Islamic Republic of 14.69 current US$ per person compare
- 178 Türkiye 11.48 current US$ per person compare
- 179 Kazakhstan 11.36 current US$ per person compare
- 180 Russian Federation 11.22 current US$ per person 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, received (current us$), per capita in Madagascar?
- Personal remittances, received (current us$), per capita in Madagascar was 12.71 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), per capita recorded in Madagascar?
- The highest recorded value was 20.55 current US$ per person in 2010.
- What is the lowest personal remittances, received (current us$), per capita recorded in Madagascar?
- The lowest recorded value was 0.0054 current US$ per person in 1979.
- How does Madagascar rank for personal remittances, received (current us$), per capita?
- Madagascar ranks 177th out of 197 countries with data for 2024.
- Is personal remittances, received (current us$), per capita rising or falling in Madagascar?
- Over the last ten years it is down 8.6%. 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, received (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Personal remittances, received (current US$) 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, received (current US$) ÷ Population, total
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, received (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.