Primary income payments (BoP, current US$), per unit of GDP in Madagascar
Madagascar: Primary income payments (BoP, current US$), per unit of GDP was 0.0363 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Latest (2024)
0.0363 BoP, current US$ per US$ of GDP
Change on year
up 19.7%
World rank
134th
of 199 countries
All-time high
0.0654 BoP, current US$ per US$ of GDP
in 1989
All-time low
0.0033 BoP, current US$ per US$ of GDP
in 1977
Years of data
51
1974–2024
Primary income payments (BoP, current US$), per unit of GDP in Madagascar, 1974–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Madagascar recorded 0.0363 BoP, current US$ per US$ of GDP for primary income payments (bop, current us$), per unit of gdp in 2024.
Compared with earlier readings it is up 19.7% on the previous year and up 19.6% over ten years.
Over the whole period, primary income payments (bop, current us$), per unit of gdp in Madagascar peaked at 0.0654 BoP, current US$ per US$ of GDP in 1989 and was at its lowest, 0.0033 BoP, current US$ per US$ of GDP, in 1977.
That places Madagascar 134th out of 199 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Primary income payments (BoP, current US$), per unit of GDP in Madagascar, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.0131 BoP, current US$ per US$ of GDP | — |
| 1975 | 0.0098 BoP, current US$ per US$ of GDP | -25.5% |
| 1976 | 0.0094 BoP, current US$ per US$ of GDP | -3.8% |
| 1977 | 0.0033 BoP, current US$ per US$ of GDP | -64.8% |
| 1978 | 0.0044 BoP, current US$ per US$ of GDP | +33.3% |
| 1979 | 0.0086 BoP, current US$ per US$ of GDP | +93.7% |
| 1980 | 0.0089 BoP, current US$ per US$ of GDP | +4.2% |
| 1981 | 0.0194 BoP, current US$ per US$ of GDP | +117.8% |
| 1982 | 0.0211 BoP, current US$ per US$ of GDP | +8.6% |
| 1983 | 0.0258 BoP, current US$ per US$ of GDP | +22.6% |
| 1984 | 0.0387 BoP, current US$ per US$ of GDP | +49.8% |
| 1985 | 0.035 BoP, current US$ per US$ of GDP | -9.4% |
| 1986 | 0.0369 BoP, current US$ per US$ of GDP | +5.3% |
| 1987 | 0.0573 BoP, current US$ per US$ of GDP | +55.3% |
| 1988 | 0.0604 BoP, current US$ per US$ of GDP | +5.4% |
| 1989 | 0.0654 BoP, current US$ per US$ of GDP | +8.3% |
| 1990 | 0.0447 BoP, current US$ per US$ of GDP | -31.6% |
| 1991 | 0.0509 BoP, current US$ per US$ of GDP | +13.7% |
| 1992 | 0.0411 BoP, current US$ per US$ of GDP | -19.2% |
| 1993 | 0.0379 BoP, current US$ per US$ of GDP | -7.9% |
| 1994 | 0.0448 BoP, current US$ per US$ of GDP | +18.3% |
| 1995 | 0.0453 BoP, current US$ per US$ of GDP | +1.1% |
| 1996 | 0.0343 BoP, current US$ per US$ of GDP | -24.4% |
| 1997 | 0.027 BoP, current US$ per US$ of GDP | -21.2% |
| 1998 | 0.0234 BoP, current US$ per US$ of GDP | -13.3% |
| 1999 | 0.0148 BoP, current US$ per US$ of GDP | -37.0% |
| 2000 | 0.0138 BoP, current US$ per US$ of GDP | -6.1% |
| 2001 | 0.0195 BoP, current US$ per US$ of GDP | +41.1% |
| 2002 | 0.0333 BoP, current US$ per US$ of GDP | +70.3% |
| 2003 | 0.0147 BoP, current US$ per US$ of GDP | -55.9% |
| 2004 | 0.0176 BoP, current US$ per US$ of GDP | +20.2% |
| 2005 | 0.0246 BoP, current US$ per US$ of GDP | +39.5% |
| 2006 | 0.0276 BoP, current US$ per US$ of GDP | +12.1% |
| 2007 | 0.0162 BoP, current US$ per US$ of GDP | -41.4% |
| 2008 | 0.0152 BoP, current US$ per US$ of GDP | -6.2% |
| 2009 | 0.0188 BoP, current US$ per US$ of GDP | +24.1% |
| 2010 | 0.0242 BoP, current US$ per US$ of GDP | +28.8% |
| 2011 | 0.0265 BoP, current US$ per US$ of GDP | +9.2% |
| 2012 | 0.0367 BoP, current US$ per US$ of GDP | +38.7% |
| 2013 | 0.037 BoP, current US$ per US$ of GDP | +0.8% |
| 2014 | 0.0304 BoP, current US$ per US$ of GDP | -17.9% |
| 2015 | 0.0403 BoP, current US$ per US$ of GDP | +32.7% |
| 2016 | 0.0423 BoP, current US$ per US$ of GDP | +4.9% |
| 2017 | 0.0344 BoP, current US$ per US$ of GDP | -18.8% |
| 2018 | 0.0373 BoP, current US$ per US$ of GDP | +8.6% |
| 2019 | 0.0391 BoP, current US$ per US$ of GDP | +4.9% |
| 2020 | 0.0329 BoP, current US$ per US$ of GDP | -15.9% |
| 2021 | 0.0246 BoP, current US$ per US$ of GDP | -25.3% |
| 2022 | 0.0305 BoP, current US$ per US$ of GDP | +24.2% |
| 2023 | 0.0303 BoP, current US$ per US$ of GDP | -0.6% |
| 2024 | 0.0363 BoP, current US$ per US$ of GDP | +19.7% |
Madagascar compared with similar countries
- Madagascar's 0.0363 BoP, current US$ per US$ of GDP is above the median for low income countries, which is 0.0252 BoP, current US$ per US$ of GDP, 1.4× the median. (22 countries reporting)
- Madagascar's 0.0363 BoP, current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0311 BoP, current US$ per US$ of GDP, 1.2× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0081 BoP, current US$ per US$ of GDP | 0.0033 BoP, current US$ per US$ of GDP | 0.0131 BoP, current US$ per US$ of GDP | 6 |
| 1980s | 0.0369 BoP, current US$ per US$ of GDP | 0.0089 BoP, current US$ per US$ of GDP | 0.0654 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0364 BoP, current US$ per US$ of GDP | 0.0148 BoP, current US$ per US$ of GDP | 0.0509 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0201 BoP, current US$ per US$ of GDP | 0.0138 BoP, current US$ per US$ of GDP | 0.0333 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0348 BoP, current US$ per US$ of GDP | 0.0242 BoP, current US$ per US$ of GDP | 0.0423 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0309 BoP, current US$ per US$ of GDP | 0.0246 BoP, current US$ per US$ of GDP | 0.0363 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Madagascar
- 131 Sint Maarten (Dutch part) 0.0397 BoP, current US$ per US$ of GDP compare
- 132 Turks and Caicos Islands 0.0382 BoP, current US$ per US$ of GDP compare
- 133 Djibouti 0.0381 BoP, current US$ per US$ of GDP compare
- 135 Guatemala 0.0361 BoP, current US$ per US$ of GDP compare
- 136 Mali 0.0357 BoP, current US$ per US$ of GDP compare
- 137 Brunei 0.0342 BoP, current US$ per US$ of GDP 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 primary income payments (bop, current us$), per unit of gdp in Madagascar?
- Primary income payments (bop, current us$), per unit of gdp in Madagascar was 0.0363 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest primary income payments (bop, current us$), per unit of gdp recorded in Madagascar?
- The highest recorded value was 0.0654 BoP, current US$ per US$ of GDP in 1989.
- What is the lowest primary income payments (bop, current us$), per unit of gdp recorded in Madagascar?
- The lowest recorded value was 0.0033 BoP, current US$ per US$ of GDP in 1977.
- How does Madagascar rank for primary income payments (bop, current us$), per unit of gdp?
- Madagascar ranks 134th out of 199 countries with data for 2024.
- Is primary income payments (bop, current us$), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is up 19.6%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Primary income payments (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Primary income payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Primary income payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.