Personal transfers, receipts in Madagascar
Madagascar: Personal transfers, receipts was 363.22 million BoP, current US$ in 2024. ◆ Volatile
Personal transfers, receipts in Madagascar, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Madagascar recorded 363.22 million BoP, current US$ for personal transfers, receipts in 2024.
That represents a change of up 30.3% on the previous year and up 10.1% over ten years.
Over the whole period, personal transfers, receipts in Madagascar peaked at 468.94 million BoP, current US$ in 2020 and was at its lowest, 114,372 BoP, current US$, in 1982.
Madagascar ranks 101st of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal transfers, receipts in Madagascar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 325,628 BoP, current US$ | — |
| 1978 | 354,524 BoP, current US$ | +8.9% |
| 1980 | 378,647 BoP, current US$ | +6.8% |
| 1981 | 220,807 BoP, current US$ | -41.7% |
| 1982 | 114,372 BoP, current US$ | -48.2% |
| 1983 | 116,158 BoP, current US$ | +1.6% |
| 1984 | 5.64 million BoP, current US$ | +4752.1% |
| 1985 | 4.57 million BoP, current US$ | -18.8% |
| 1986 | 4.23 million BoP, current US$ | -7.5% |
| 1987 | 3.36 million BoP, current US$ | -20.6% |
| 1988 | 3.23 million BoP, current US$ | -3.9% |
| 1989 | 8.08 million BoP, current US$ | +150.3% |
| 1990 | 4.48 million BoP, current US$ | -44.6% |
| 1991 | 8.76 million BoP, current US$ | +95.6% |
| 1992 | 11.97 million BoP, current US$ | +36.8% |
| 1993 | 11.59 million BoP, current US$ | -3.2% |
| 1994 | 10.88 million BoP, current US$ | -6.1% |
| 1995 | 8.95 million BoP, current US$ | -17.8% |
| 1996 | 6.10 million BoP, current US$ | -31.9% |
| 2003 | 8.28 million BoP, current US$ | +35.8% |
| 2004 | 4.28 million BoP, current US$ | -48.2% |
| 2005 | 92.51 million BoP, current US$ | +2059.5% |
| 2006 | 139.32 million BoP, current US$ | +50.6% |
| 2007 | 233.43 million BoP, current US$ | +67.5% |
| 2008 | 293.49 million BoP, current US$ | +25.7% |
| 2009 | 263.36 million BoP, current US$ | -10.3% |
| 2010 | 420.32 million BoP, current US$ | +59.6% |
| 2011 | 304.52 million BoP, current US$ | -27.6% |
| 2012 | 315.44 million BoP, current US$ | +3.6% |
| 2013 | 341.31 million BoP, current US$ | +8.2% |
| 2014 | 329.95 million BoP, current US$ | -3.3% |
| 2015 | 311.28 million BoP, current US$ | -5.7% |
| 2016 | 276.62 million BoP, current US$ | -11.1% |
| 2017 | 319.77 million BoP, current US$ | +15.6% |
| 2018 | 395.14 million BoP, current US$ | +23.6% |
| 2019 | 381.06 million BoP, current US$ | -3.6% |
| 2020 | 468.94 million BoP, current US$ | +23.1% |
| 2021 | 410.97 million BoP, current US$ | -12.4% |
| 2022 | 353.50 million BoP, current US$ | -14.0% |
| 2023 | 278.76 million BoP, current US$ | -21.1% |
| 2024 | 363.22 million BoP, current US$ | +30.3% |
Madagascar compared with similar countries
- Madagascar's 363.22 million BoP, current US$ is below the median for low income countries, which is 553.36 million BoP, current US$, 66% of the median. (21 countries reporting)
- Madagascar's 363.22 million BoP, current US$ is above the median for Sub-Saharan Africa, which is 363.22 million BoP, current US$, 1.0× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Personal transfers, receipts in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +4752.1% | 116,158 BoP, current US$ | 5.64 million BoP, current US$ |
| 2005 | +2059.5% | 4.28 million BoP, current US$ | 92.51 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 340,076 BoP, current US$ | 325,628 BoP, current US$ | 354,524 BoP, current US$ | 2 |
| 1980s | 2.99 million BoP, current US$ | 114,372 BoP, current US$ | 8.08 million BoP, current US$ | 10 |
| 1990s | 8.96 million BoP, current US$ | 4.48 million BoP, current US$ | 11.97 million BoP, current US$ | 7 |
| 2000s | 147.81 million BoP, current US$ | 4.28 million BoP, current US$ | 293.49 million BoP, current US$ | 7 |
| 2010s | 339.54 million BoP, current US$ | 276.62 million BoP, current US$ | 420.32 million BoP, current US$ | 10 |
| 2020s | 375.08 million BoP, current US$ | 278.76 million BoP, current US$ | 468.94 million BoP, current US$ | 5 |
Countries ranked near Madagascar
- 98 Slovakia 383.89 million BoP, current US$ compare
- 99 France 378.13 million BoP, current US$ compare
- 100 Austria 375.89 million BoP, current US$ compare
- 102 North Macedonia 359.67 million BoP, current US$ compare
- 103 Cape Verde 338.25 million BoP, current US$ compare
- 104 Zambia 334.31 million BoP, current US$ 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 transfers, receipts in Madagascar?
- Personal transfers, receipts in Madagascar was 363.22 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest personal transfers, receipts recorded in Madagascar?
- The highest recorded value was 468.94 million BoP, current US$ in 2020.
- What is the lowest personal transfers, receipts recorded in Madagascar?
- The lowest recorded value was 114,372 BoP, current US$ in 1982.
- How does Madagascar rank for personal transfers, receipts?
- Madagascar ranks 101st out of 177 countries with data for 2024.
- Is personal transfers, receipts rising or falling in Madagascar?
- Over the last ten years it is up 10.1%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Personal transfers, receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. 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.