Migrant remittance outflows in Madagascar
Madagascar: Migrant remittance outflows was 21.21 million current US$ in 2005. ▼ Falling
Migrant remittance outflows 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$.
Analysis
The most recent figure for migrant remittance outflows in Madagascar is 21.21 million current US$, measured in 2005.
Compared with earlier readings it is up 135.6% on the previous year and up 91.4% over ten years.
Over the whole period, migrant remittance outflows in Madagascar peaked at 37.33 million current US$ in 1975 and was at its lowest, 4.71 million current US$, in 2002.
That places Madagascar 30th out of 49 countries with data for 2005, putting it in the middle of the range.
The long-run direction has been consistently falling across the 32 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.68 million current US$ | 20.32 million current US$ | 37.33 million current US$ | 6 |
| 1980s | 16.75 million current US$ | 10.65 million current US$ | 31.24 million current US$ | 10 |
| 1990s | 11.57 million current US$ | 6.70 million current US$ | 17.50 million current US$ | 10 |
| 2000s | 12.69 million current US$ | 4.71 million current US$ | 21.21 million current US$ | 6 |
Countries ranked near Madagascar
- 27 Central African Republic 27.38 million current US$ compare
- 28 Kenya 25.86 million current US$ compare
- 29 Niger 25.20 million current US$ compare
- 31 Sierra Leone 20.61 million current US$ compare
- 32 Seychelles 20.49 million current US$ compare
- 33 Guinea-Bissau 19.65 million current US$ compare
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 outflows in Madagascar?
- Migrant remittance outflows in Madagascar was 21.21 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 outflows recorded in Madagascar?
- The highest recorded value was 37.33 million current US$ in 1975.
- What is the lowest migrant remittance outflows recorded in Madagascar?
- The lowest recorded value was 4.71 million current US$ in 2002.
- How does Madagascar rank for migrant remittance outflows?
- Madagascar ranks 30th out of 49 countries with data for 2005.
- Is migrant remittance outflows rising or falling in Madagascar?
- Over the last ten years it is up 91.4%. The long-run trend across the full record is falling.
- 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 outflows (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,