Primary income receipts (BoP, current US$) in Madagascar
Madagascar: Primary income receipts (BoP, current US$) was 101.69 million BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
101.69 million BoP, current US$
Change on year
down 11.0%
World rank
157th
of 199 countries
All-time high
114.21 million BoP, current US$
in 2024
All-time low
2.12 million BoP, current US$
in 1977
Years of data
52
1974–2025
Primary income receipts in Madagascar, 1974–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, primary income receipts in Madagascar stood at 101.69 million BoP, current US$.
Compared with earlier readings it is down 11.0% on the previous year and up 260.4% over ten years.
Over the whole period, primary income receipts in Madagascar peaked at 114.21 million BoP, current US$ in 2024 and was at its lowest, 2.12 million BoP, current US$, in 1977.
Madagascar ranks 157th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income receipts (BoP, current US$) in Madagascar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 7.31 million BoP, current US$ | — |
| 1975 | 5.41 million BoP, current US$ | -26.0% |
| 1976 | 3.64 million BoP, current US$ | -32.7% |
| 1977 | 2.12 million BoP, current US$ | -41.9% |
| 1978 | 4.52 million BoP, current US$ | +113.6% |
| 1979 | 2.40 million BoP, current US$ | -47.0% |
| 1980 | 2.46 million BoP, current US$ | +2.7% |
| 1981 | 4.01 million BoP, current US$ | +63.0% |
| 1982 | 5.52 million BoP, current US$ | +37.6% |
| 1983 | 2.88 million BoP, current US$ | -47.8% |
| 1984 | 5.03 million BoP, current US$ | +74.6% |
| 1985 | 4.38 million BoP, current US$ | -13.0% |
| 1986 | 5.29 million BoP, current US$ | +20.9% |
| 1987 | 9.31 million BoP, current US$ | +75.8% |
| 1988 | 13.30 million BoP, current US$ | +43.0% |
| 1989 | 18.33 million BoP, current US$ | +37.8% |
| 1990 | 14.92 million BoP, current US$ | -18.6% |
| 1991 | 4.38 million BoP, current US$ | -70.7% |
| 1992 | 5.63 million BoP, current US$ | +28.8% |
| 1993 | 2.93 million BoP, current US$ | -48.0% |
| 1994 | 2.44 million BoP, current US$ | -16.9% |
| 1995 | 7.13 million BoP, current US$ | +192.8% |
| 1996 | 6.24 million BoP, current US$ | -12.5% |
| 1997 | 20.17 million BoP, current US$ | +223.1% |
| 1998 | 24.74 million BoP, current US$ | +22.7% |
| 1999 | 20.65 million BoP, current US$ | -16.6% |
| 2000 | 22.37 million BoP, current US$ | +8.4% |
| 2001 | 23.90 million BoP, current US$ | +6.8% |
| 2002 | 46.05 million BoP, current US$ | +92.7% |
| 2003 | 16.42 million BoP, current US$ | -64.3% |
| 2004 | 15.24 million BoP, current US$ | -7.2% |
| 2005 | 21.79 million BoP, current US$ | +43.0% |
| 2006 | 29.48 million BoP, current US$ | +35.3% |
| 2007 | 51.86 million BoP, current US$ | +75.9% |
| 2008 | 62.77 million BoP, current US$ | +21.0% |
| 2009 | 34.03 million BoP, current US$ | -45.8% |
| 2010 | 62.50 million BoP, current US$ | +83.6% |
| 2011 | 93.78 million BoP, current US$ | +50.1% |
| 2012 | 53.78 million BoP, current US$ | -42.7% |
| 2013 | 36.03 million BoP, current US$ | -33.0% |
| 2014 | 30.40 million BoP, current US$ | -15.6% |
| 2015 | 28.22 million BoP, current US$ | -7.2% |
| 2016 | 32.10 million BoP, current US$ | +13.8% |
| 2017 | 36.36 million BoP, current US$ | +13.3% |
| 2018 | 52.74 million BoP, current US$ | +45.0% |
| 2019 | 60.72 million BoP, current US$ | +15.1% |
| 2020 | 44.58 million BoP, current US$ | -26.6% |
| 2021 | 42.90 million BoP, current US$ | -3.8% |
| 2022 | 49.12 million BoP, current US$ | +14.5% |
| 2023 | 85.13 million BoP, current US$ | +73.3% |
| 2024 | 114.21 million BoP, current US$ | +34.2% |
| 2025 | 101.69 million BoP, current US$ | -11.0% |
Madagascar compared with similar countries
- Madagascar's 101.69 million BoP, current US$ is above the median for low income countries, which is 82.04 million BoP, current US$, 1.2× the median. (23 countries reporting)
- Madagascar's 101.69 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 152.65 million BoP, current US$, 67% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.23 million BoP, current US$ | 2.12 million BoP, current US$ | 7.31 million BoP, current US$ | 6 |
| 1980s | 7.05 million BoP, current US$ | 2.46 million BoP, current US$ | 18.33 million BoP, current US$ | 10 |
| 1990s | 10.92 million BoP, current US$ | 2.44 million BoP, current US$ | 24.74 million BoP, current US$ | 10 |
| 2000s | 32.39 million BoP, current US$ | 15.24 million BoP, current US$ | 62.77 million BoP, current US$ | 10 |
| 2010s | 48.66 million BoP, current US$ | 28.22 million BoP, current US$ | 93.78 million BoP, current US$ | 10 |
| 2020s | 72.94 million BoP, current US$ | 42.90 million BoP, current US$ | 114.21 million BoP, current US$ | 6 |
Countries ranked near Madagascar
- 154 Guyana 103.69 million BoP, current US$ compare
- 155 Papua New Guinea 102.89 million BoP, current US$ compare
- 156 Nauru 102.87 million BoP, current US$ compare
- 158 Fiji 101.02 million BoP, current US$ compare
- 159 Bahamas 100.90 million BoP, current US$ compare
- 160 Seychelles 93.06 million BoP, current US$ compare
More economy & growth data for Madagascar
- Real gdp growth, annual growth rate 2.17 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
Frequently asked questions
- What is primary income receipts in Madagascar?
- Primary income receipts in Madagascar was 101.69 million BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income receipts recorded in Madagascar?
- The highest recorded value was 114.21 million BoP, current US$ in 2024.
- What is the lowest primary income receipts recorded in Madagascar?
- The lowest recorded value was 2.12 million BoP, current US$ in 1977.
- How does Madagascar rank for primary income receipts?
- Madagascar ranks 157th out of 199 countries with data for 2025.
- Is primary income receipts rising or falling in Madagascar?
- Over the last ten years it is up 260.4%. 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 Primary income receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). 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.