Migrant remittance inflows in Madagascar
Madagascar: Migrant remittance inflows was 10.97 million current US$ in 2005. ◆ Volatile
Migrant remittance inflows in Madagascar, 1974–2005
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
The most recent figure for migrant remittance inflows in Madagascar is 10.97 million current US$, measured in 2005.
The figure is down 4.7% on the previous year and down 20.6% over ten years.
Over the whole period, migrant remittance inflows in Madagascar peaked at 29.32 million current US$ in 2002 and was at its lowest, 47,010 current US$, in 1979.
That places Madagascar 45th out of 50 countries with data for 2005, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 394,164 current US$ | 47,010 current US$ | 711,447 current US$ | 6 |
| 1980s | 3.53 million current US$ | 114,372 current US$ | 9.74 million current US$ | 10 |
| 1990s | 12.29 million current US$ | 7.87 million current US$ | 15.21 million current US$ | 10 |
| 2000s | 15.03 million current US$ | 10.87 million current US$ | 29.32 million current US$ | 6 |
Countries ranked near Madagascar
More trade data for Madagascar
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 14.15 million FAO, current US$ (2010)
- Food imports excluding fish 287.15 million FAO, current US$ (2010)
- Total agricultural imports 340.99 million FAO, current US$ (2010)
- Cereal imports 103.24 million FAO, current US$ (2010)
- Cereal imports quantity 285,358 FAO, tonnes (2010)
- Total agricultural exports 160.36 million FAO, current US$ (2010)
- Cereal exports 414,000 FAO, current US$ (2010)
- Cereal exports quantity 1,609 FAO, tonnes (2010)
- Merchandise exports, WB 2.05 billion current US$ (2011)
Frequently asked questions
- What is migrant remittance inflows in Madagascar?
- Migrant remittance inflows in Madagascar was 10.97 million current US$ in 2005, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.
- What is the highest migrant remittance inflows recorded in Madagascar?
- The highest recorded value was 29.32 million current US$ in 2002.
- What is the lowest migrant remittance inflows recorded in Madagascar?
- The lowest recorded value was 47,010 current US$ in 1979.
- How does Madagascar rank for migrant remittance inflows?
- Madagascar ranks 45th out of 50 countries with data for 2005.
- Is migrant remittance inflows rising or falling in Madagascar?
- Over the last ten years it is down 20.6%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as part of Migrant remittance inflows (current US$). Statizoid updates them automatically from the source API.
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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,