Migrant remittance inflows in Madagascar

Madagascar: Migrant remittance inflows was 0.2% in 2005. ◆ Volatile

Latest (2005)
0.2%
Change on year
down 17.4%
World rank
42nd
of 50 countries
All-time high
0.7%
in 2002
All-time low
0.0%
in 1979
Years of data
32
1974–2005

Migrant remittance inflows in Madagascar, 1974–2005

00.20.40.61974198920051974: 0.022 % of GDP1975: 0.02 % of GDP1976: 0.033 % of GDP1977: 0.014 % of GDP1978: 0.015 % of GDP1979: 0.001 % of GDP1980: 0.009 % of GDP1981: 0.006 % of GDP1982: 0.003 % of GDP1983: 0.003 % of GDP1984: 0.192 % of GDP1985: 0.16 % of GDP1986: 0.18 % of GDP1987: 0.181 % of GDP1988: 0.165 % of GDP1989: 0.39 % of GDP1990: 0.255 % of GDP1991: 0.495 % of GDP1992: 0.503 % of GDP1993: 0.402 % of GDP1994: 0.428 % of GDP1995: 0.437 % of GDP1996: 0.283 % of GDP1997: 0.344 % of GDP1998: 0.307 % of GDP1999: 0.313 % of GDP2000: 0.291 % of GDP2001: 0.24 % of GDP2002: 0.667 % of GDP2003: 0.297 % of GDP2004: 0.264 % of GDP2005: 0.218 % of GDP

Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates. Measured in % of GDP.

Analysis

The most recent figure for migrant remittance inflows in Madagascar is 0.2%, measured in 2005.

Compared with earlier readings it is down 17.4% on the previous year and down 50.2% over ten years.

Over the whole period, migrant remittance inflows in Madagascar peaked at 0.7% in 2002 and was at its lowest, 0.0%, in 1979.

That places Madagascar 42nd 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

Annual values for Migrant remittance inflows (% of GDP) in Madagascar, 1974 to 2005.
Year % of GDP Change
1974 0.0%
1975 0.0% -5.7%
1976 0.0% +59.5%
1977 0.0% -57.7%
1978 0.0% +8.2%
1979 0.0% -90.9%
1980 0.0% +590.2%
1981 0.0% -34.4%
1982 0.0% -47.2%
1983 0.0% +2.0%
1984 0.2% +5696.4%
1985 0.2% -16.5%
1986 0.2% +12.6%
1987 0.2% +0.6%
1988 0.2% -8.9%
1989 0.4% +136.4%
1990 0.3% -34.5%
1991 0.5% +93.8%
1992 0.5% +1.6%
1993 0.4% -20.1%
1994 0.4% +6.5%
1995 0.4% +2.1%
1996 0.3% -35.1%
1997 0.3% +21.2%
1998 0.3% -10.8%
1999 0.3% +2.0%
2000 0.3% -7.0%
2001 0.2% -17.4%
2002 0.7% +177.9%
2003 0.3% -55.5%
2004 0.3% -11.1%
2005 0.2% -17.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0% 0.0% 0.0% 6
1980s 0.1% 0.0% 0.4% 10
1990s 0.4% 0.3% 0.5% 10
2000s 0.3% 0.2% 0.7% 6

Countries ranked near Madagascar

  1. 39 Malawi 0.3% compare
  2. 40 South Africa 0.3% compare
  3. 41 Zambia 0.2%
  4. 43 Congo 0.2% compare
  5. 44 Mauritania 0.2% compare
  6. 45 Namibia 0.1% compare

See the full ranking of 56 places →

More trade data for Madagascar

All data for Madagascar →

Frequently asked questions

What is migrant remittance inflows in Madagascar?
Migrant remittance inflows in Madagascar was 0.2% in 2005, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates.
What is the highest migrant remittance inflows recorded in Madagascar?
The highest recorded value was 0.7% in 2002.
What is the lowest migrant remittance inflows recorded in Madagascar?
The lowest recorded value was 0.0% in 1979.
How does Madagascar rank for migrant remittance inflows?
Madagascar ranks 42nd 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 50.2%. 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, and World Bank and OECD GDP estimates, published as part of Migrant remittance inflows (% of GDP). Statizoid updates them automatically from the source API.

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Migrant remittance inflows in Madagascar. Statizoid, drawing on World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates. Retrieved 23 August 2026, from https://trade.statizoid.com/stat/migrant-remittance-inflows-percent-of-gdp/madagascar/

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About this data

Indicator
Migrant remittance inflows (% of GDP)
Unit
% of GDP
Source
World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
56 places, 1,400 data points, 1970–2011
Last refreshed

Migrants’ remittances are defined as the sum of worker’s remittances,