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$, in 1979.
That places Madagascar 45th out of 50 countries with data for 2005, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Migrant remittance inflows in Madagascar, year by year
| Year | current US$ | Change |
|---|---|---|
| 1974 | 415,448 current US$ | — |
| 1975 | 466,609 current US$ | +12.3% |
| 1976 | 711,447 current US$ | +52.5% |
| 1977 | 325,628 current US$ | -54.2% |
| 1978 | 398,839 current US$ | +22.5% |
| 1979 | 47,010 current US$ | -88.2% |
| 1980 | 378,647 current US$ | +705.5% |
| 1981 | 220,807 current US$ | -41.7% |
| 1982 | 114,372 current US$ | -48.2% |
| 1983 | 116,158 current US$ | +1.6% |
| 1984 | 5.64 million current US$ | +4752.1% |
| 1985 | 4.57 million current US$ | -18.8% |
| 1986 | 5.87 million current US$ | +28.3% |
| 1987 | 4.65 million current US$ | -20.8% |
| 1988 | 4.03 million current US$ | -13.3% |
| 1989 | 9.74 million current US$ | +141.8% |
| 1990 | 7.87 million current US$ | -19.2% |
| 1991 | 13.13 million current US$ | +66.8% |
| 1992 | 15.21 million current US$ | +15.9% |
| 1993 | 13.54 million current US$ | -11.0% |
| 1994 | 12.74 million current US$ | -5.9% |
| 1995 | 13.81 million current US$ | +8.3% |
| 1996 | 11.32 million current US$ | -18.0% |
| 1997 | 12.18 million current US$ | +7.6% |
| 1998 | 11.46 million current US$ | -5.9% |
| 1999 | 11.62 million current US$ | +1.4% |
| 2000 | 11.27 million current US$ | -3.0% |
| 2001 | 10.87 million current US$ | -3.5% |
| 2002 | 29.32 million current US$ | +169.7% |
| 2003 | 16.23 million current US$ | -44.6% |
| 2004 | 11.51 million current US$ | -29.1% |
| 2005 | 10.97 million current US$ | -4.7% |
Madagascar compared with similar countries
- Madagascar's 10.97 million current US$ is below the median for low income countries, which is 96.19 million current US$, 11% of the median. (18 countries reporting)
- Madagascar's 10.97 million current US$ is below the median for Sub-Saharan Africa, which is 84.49 million current US$, 13% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Migrant remittance inflows in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +4752.1% | 116,158 current US$ | 5.64 million current US$ |
| 1980 | +705.5% | 47,010 current US$ | 378,647 current US$ |
| 2002 | +169.7% | 10.87 million current US$ | 29.32 million current US$ |
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
- Commodity Net Export Price Index, Individual Commodities Weighted by 135.07 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.59 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.49 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 113.89 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.95 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 66.81 (2025)
- Imports of low carbon technology products, Percent of GDP 0.7431 (2023)
- Imports of low carbon technology products, US dollar (World), per 3.78 units per person (2023)
- Imports of low carbon technology products, US dollar (World), per 0.0074 units per US$ of GDP (2023)
- Exports of low carbon technology products, US dollar (World), gaps 2.18 million (2023)
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.
Download this data
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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,