Secondary income, other sectors, payments in Madagascar
Madagascar: Secondary income, other sectors, payments was 68.59 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
68.59 million BoP, current US$
Change on year
up 2.0%
World rank
156th
of 197 countries
All-time high
178.19 million BoP, current US$
in 2003
All-time low
6.42 million BoP, current US$
in 1993
Years of data
49
1974–2024
Secondary income, other sectors, payments in Madagascar, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, secondary income, other sectors, payments in Madagascar stood at 68.59 million BoP, current US$.
That represents a change of up 2.0% on the previous year and up 5.2% over ten years.
Over the whole period, secondary income, other sectors, payments in Madagascar peaked at 178.19 million BoP, current US$ in 2003 and was at its lowest, 6.42 million BoP, current US$, in 1993.
Madagascar ranks 156th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Madagascar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 16.41 million BoP, current US$ | — |
| 1975 | 34.48 million BoP, current US$ | +110.1% |
| 1976 | 30.63 million BoP, current US$ | -11.2% |
| 1977 | 25.52 million BoP, current US$ | -16.7% |
| 1978 | 26.94 million BoP, current US$ | +5.6% |
| 1979 | 26.75 million BoP, current US$ | -0.7% |
| 1980 | 31.24 million BoP, current US$ | +16.8% |
| 1981 | 28.04 million BoP, current US$ | -10.2% |
| 1982 | 24.19 million BoP, current US$ | -13.7% |
| 1983 | 15.19 million BoP, current US$ | -37.2% |
| 1984 | 11.98 million BoP, current US$ | -21.1% |
| 1985 | 19.31 million BoP, current US$ | +61.1% |
| 1986 | 24.63 million BoP, current US$ | +27.6% |
| 1987 | 18.75 million BoP, current US$ | -23.9% |
| 1988 | 21.90 million BoP, current US$ | +16.8% |
| 1989 | 27.56 million BoP, current US$ | +25.8% |
| 1990 | 29.44 million BoP, current US$ | +6.8% |
| 1991 | 7.94 million BoP, current US$ | -73.0% |
| 1992 | 7.32 million BoP, current US$ | -7.8% |
| 1993 | 6.42 million BoP, current US$ | -12.3% |
| 1994 | 8.30 million BoP, current US$ | +29.3% |
| 1995 | 10.92 million BoP, current US$ | +31.6% |
| 1996 | 21.78 million BoP, current US$ | +99.3% |
| 1997 | 13.16 million BoP, current US$ | -39.5% |
| 1998 | 10.90 million BoP, current US$ | -17.2% |
| 1999 | 10.80 million BoP, current US$ | -0.9% |
| 2000 | 10.47 million BoP, current US$ | -3.1% |
| 2003 | 178.19 million BoP, current US$ | +1602.0% |
| 2004 | 62.40 million BoP, current US$ | -65.0% |
| 2005 | 37.91 million BoP, current US$ | -39.3% |
| 2006 | 38.36 million BoP, current US$ | +1.2% |
| 2007 | 45.86 million BoP, current US$ | +19.5% |
| 2008 | 59.59 million BoP, current US$ | +29.9% |
| 2009 | 75.34 million BoP, current US$ | +26.4% |
| 2010 | 52.78 million BoP, current US$ | -29.9% |
| 2011 | 41.31 million BoP, current US$ | -21.7% |
| 2012 | 65.18 million BoP, current US$ | +57.8% |
| 2013 | 86.54 million BoP, current US$ | +32.8% |
| 2014 | 65.17 million BoP, current US$ | -24.7% |
| 2015 | 84.24 million BoP, current US$ | +29.3% |
| 2016 | 48.57 million BoP, current US$ | -42.3% |
| 2017 | 80.97 million BoP, current US$ | +66.7% |
| 2018 | 69.75 million BoP, current US$ | -13.9% |
| 2019 | 59.41 million BoP, current US$ | -14.8% |
| 2020 | 48.57 million BoP, current US$ | -18.2% |
| 2021 | 56.63 million BoP, current US$ | +16.6% |
| 2022 | 57.05 million BoP, current US$ | +0.7% |
| 2023 | 67.21 million BoP, current US$ | +17.8% |
| 2024 | 68.59 million BoP, current US$ | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.79 million BoP, current US$ | 16.41 million BoP, current US$ | 34.48 million BoP, current US$ | 6 |
| 1980s | 22.28 million BoP, current US$ | 11.98 million BoP, current US$ | 31.24 million BoP, current US$ | 10 |
| 1990s | 12.70 million BoP, current US$ | 6.42 million BoP, current US$ | 29.44 million BoP, current US$ | 10 |
| 2000s | 63.52 million BoP, current US$ | 10.47 million BoP, current US$ | 178.19 million BoP, current US$ | 8 |
| 2010s | 65.39 million BoP, current US$ | 41.31 million BoP, current US$ | 86.54 million BoP, current US$ | 10 |
| 2020s | 59.61 million BoP, current US$ | 48.57 million BoP, current US$ | 68.59 million BoP, current US$ | 5 |
Countries ranked near Madagascar
- 153 Namibia 75.69 million BoP, current US$ compare
- 154 Grenada 73.33 million BoP, current US$ compare
- 155 Papua New Guinea 71.95 million BoP, current US$ compare
- 157 Comoros 67.02 million BoP, current US$ compare
- 158 French Polynesia 61.71 million BoP, current US$ compare
- 159 Seychelles 61.31 million BoP, current US$ compare
More economy & growth data for Madagascar
- Gross domestic savings (current US$), annual growth rate -0.0668 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1257 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 75.35 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 0.0286 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 569.56 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 341,318 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 10.07 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9276 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 555.91 current US$ per person (2025)
- GNI (current US$), annual growth rate 12.01 % change on previous year (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Madagascar?
- Secondary income, other sectors, payments in Madagascar was 68.59 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Madagascar?
- The highest recorded value was 178.19 million BoP, current US$ in 2003.
- What is the lowest secondary income, other sectors, payments recorded in Madagascar?
- The lowest recorded value was 6.42 million BoP, current US$ in 1993.
- How does Madagascar rank for secondary income, other sectors, payments?
- Madagascar ranks 156th out of 197 countries with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Madagascar?
- Over the last ten years it is up 5.2%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.