Migrant remittance inflows (% of GDP) in Madagascar
Madagascar: Migrant remittance inflows (% of GDP) was 0.2% 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, 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 (% of GDP) in Madagascar, year by year
| 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% |
Madagascar compared with similar countries
- Madagascar's 0.2% is below the median for low income countries, which is 1.8%, 12% of the median. (18 countries reporting)
- Madagascar's 0.2% is below the median for Sub-Saharan Africa, which is 1.7%, 13% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Migrant remittance inflows (% of GDP) 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 | +5696.4% | 0.0% | 0.2% |
| 1980 | +590.2% | 0.0% | 0.0% |
| 2002 | +177.9% | 0.2% | 0.7% |
| 1989 | +136.4% | 0.2% | 0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,