Secondary income receipts (BoP, current US$), annual growth rate in Madagascar

Madagascar: Secondary income receipts (BoP, current US$), annual growth rate was 22.99 % change on previous year in 2024. ◆ Volatile

Latest (2024)
22.99 % change on previous year
Change on year
up 723.1%
World rank
24th
of 198 countries
All-time high
129.3 % change on previous year
in 2003
All-time low
-47.63 % change on previous year
in 1991
Years of data
50
1975–2024

Secondary income receipts (BoP, current US$), annual growth rate in Madagascar, 1975–2024

-50050100150197519992024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, secondary income receipts (bop, current us$), annual growth rate in Madagascar stood at 22.99 % change on previous year.

That represents a change of up 723.1% on the previous year and up 113.8% over ten years.

Over the whole period, secondary income receipts (bop, current us$), annual growth rate in Madagascar peaked at 129.3 % change on previous year in 2003 and was at its lowest, -47.63 % change on previous year, in 1991.

Madagascar ranks 24th of 198 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Secondary income receipts (BoP, current US$), annual growth rate in Madagascar, year by year

Annual values for Secondary income receipts (BoP, current US$), annual growth rate in Madagascar, 1975 to 2024.
Year % change on previous year Change
1975 54.26 % change on previous year
1976 -12.05 % change on previous year -122.2%
1977 -6.64 % change on previous year -44.9%
1978 16.49 % change on previous year -348.4%
1979 -19.02 % change on previous year -215.3%
1980 12.1 % change on previous year -163.6%
1981 20.09 % change on previous year +66.1%
1982 -0.2288 % change on previous year -101.1%
1983 -13.08 % change on previous year +5618.3%
1984 7.12 % change on previous year -154.4%
1985 29.71 % change on previous year +317.1%
1986 47.79 % change on previous year +60.9%
1987 -1.95 % change on previous year -104.1%
1988 25.67 % change on previous year -1417.2%
1989 2.25 % change on previous year -91.2%
1990 17.33 % change on previous year +669.3%
1991 -47.63 % change on previous year -374.8%
1992 38.86 % change on previous year -181.6%
1993 2.6 % change on previous year -93.3%
1994 -43.66 % change on previous year -1779.5%
1995 24.12 % change on previous year -155.2%
1996 -33.12 % change on previous year -237.3%
1997 65.64 % change on previous year -298.2%
1998 -29.98 % change on previous year -145.7%
1999 1.31 % change on previous year -104.4%
2000 9.92 % change on previous year +656.8%
2001 -6.31 % change on previous year -163.6%
2002 36.42 % change on previous year -677.1%
2003 129.3 % change on previous year +255.0%
2004 -31.51 % change on previous year -124.4%
2005 7.19 % change on previous year -122.8%
2006 17.94 % change on previous year +149.4%
2007 44.92 % change on previous year +150.4%
2008 31.37 % change on previous year -30.2%
2009 -27.79 % change on previous year -188.6%
2010 41.87 % change on previous year -250.7%
2011 5.28 % change on previous year -87.4%
2012 5.7 % change on previous year +7.9%
2013 12.06 % change on previous year +111.5%
2014 10.75 % change on previous year -10.8%
2015 -20.35 % change on previous year -289.3%
2016 12.61 % change on previous year -162.0%
2017 10.73 % change on previous year -14.9%
2018 27.55 % change on previous year +156.8%
2019 -17.2 % change on previous year -162.4%
2020 10.45 % change on previous year -160.8%
2021 10.55 % change on previous year +1.0%
2022 -5.15 % change on previous year -148.8%
2023 -3.69 % change on previous year -28.3%
2024 22.99 % change on previous year -723.1%

Biggest year-on-year movements

Years where Secondary income receipts (BoP, current US$), annual growth rate 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.

YearChange FromTo
1983 -5618.3% -0.2288 % change on previous year -13.08 % change on previous year
1994 -1779.5% 2.6 % change on previous year -43.66 % change on previous year
1988 +1417.2% -1.95 % change on previous year 25.67 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.61 % change on previous year -19.02 % change on previous year 54.26 % change on previous year 5
1980s 12.95 % change on previous year -13.08 % change on previous year 47.79 % change on previous year 10
1990s -0.4514 % change on previous year -47.63 % change on previous year 65.64 % change on previous year 10
2000s 21.14 % change on previous year -31.51 % change on previous year 129.3 % change on previous year 10
2010s 8.9 % change on previous year -20.35 % change on previous year 41.87 % change on previous year 10
2020s 7.03 % change on previous year -5.15 % change on previous year 22.99 % change on previous year 5

Countries ranked near Madagascar

  1. 21 Marshall Islands 23.85 % change on previous year compare
  2. 22 Greece 23.82 % change on previous year compare
  3. 23 Eswatini 23.05 % change on previous year compare
  4. 25 Bangladesh 21.38 % change on previous year compare
  5. 26 Namibia 21.27 % change on previous year compare
  6. 27 Hungary 21.07 % change on previous year compare

See the full ranking of 245 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is secondary income receipts (bop, current us$), annual growth rate in Madagascar?
Secondary income receipts (bop, current us$), annual growth rate in Madagascar was 22.99 % change on previous year in 2024, according to Statizoid (derived).
What is the highest secondary income receipts (bop, current us$), annual growth rate recorded in Madagascar?
The highest recorded value was 129.3 % change on previous year in 2003.
What is the lowest secondary income receipts (bop, current us$), annual growth rate recorded in Madagascar?
The lowest recorded value was -47.63 % change on previous year in 1991.
How does Madagascar rank for secondary income receipts (bop, current us$), annual growth rate?
Madagascar ranks 24th out of 198 countries with data for 2024.
Is secondary income receipts (bop, current us$), annual growth rate rising or falling in Madagascar?
Over the last ten years it is up 113.8%. 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 Secondary income receipts (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Secondary income receipts (BoP, current US$), annual growth rate in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 20 September 2026, from https://economy.statizoid.com/stat/secondary-income-receipts-bop-current-us-annual-growth-rate/madagascar/

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<a href="https://economy.statizoid.com/stat/secondary-income-receipts-bop-current-us-annual-growth-rate/madagascar/">Secondary income receipts (BoP, current US$), annual growth rate in Madagascar</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Secondary income receipts (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Secondary income receipts (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
245 places, 8,905 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Secondary income receipts (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.