Guinea-Bissau vs Madagascar: Migrant remittance outflows
Guinea-Bissau
19.65 million current US$
in 2011
Madagascar
21.21 million current US$
in 2005
Guinea-Bissau rank
33rd
Madagascar rank
30th
Migrant remittance outflows over time
- Guinea-Bissau
- Madagascar
How they compare
Madagascar currently reports 21.21 million current US$ against 19.65 million current US$ in Guinea-Bissau, a difference of 1.56 million current US$.
That makes Madagascar's figure about 1.1 times Guinea-Bissau's.
The two have swapped places 8 times across 18 shared years of data; in 1982 it was Madagascar ahead.
Guinea-Bissau ranks 33rd and Madagascar ranks 30th of 49 countries.
Across the 3 decades both report, Guinea-Bissau averaged higher in 1 and Madagascar in 2.
Head to head by decade
| Decade | Guinea-Bissau | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 11.18 million current US$ | 14.11 million current US$ | 2.93 million current US$ | Madagascar |
| 1990s | 13.01 million current US$ | 10.53 million current US$ | 2.48 million current US$ | Guinea-Bissau |
| 2000s | 5.66 million current US$ | 13.21 million current US$ | 7.55 million current US$ | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher migrant remittance outflows, Guinea-Bissau or Madagascar?
- Madagascar, at 21.21 million current US$ against 19.65 million current US$ in Guinea-Bissau as of 2005.
- What is the difference in migrant remittance outflows between Guinea-Bissau and Madagascar?
- 1.56 million current US$, with Madagascar ahead.
- How many years of comparable data are there for Guinea-Bissau and Madagascar?
- 18 years are reported by both, from 1982 to 2005.
- How do Guinea-Bissau and Madagascar rank globally for migrant remittance outflows?
- Guinea-Bissau ranks 33rd and Madagascar ranks 30th of 49 countries.
- Where does this data come from?
- World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as Migrant remittance outflows (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Migrants’ remittances are defined as the sum of worker’s remittances,