Year 2025Rank #127 GlobalPeak $495.4M (2020)Source World Bank
Madagascar Remittances Received (1974–2025)
Overview
Madagascar's remittances received stood at $315.7M in 2025, a decline of +$90.6M from 2024. Based on recent trends, this figure is projected to reach $315.7M by 2025. Madagascar ranked 127th globally.
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Madagascar matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw remittances received improve within 24 months. View full analysis →
Frequently Asked Questions
What is Madagascar's remittances received?▾
Madagascar's remittances received was $315.7M in 2025. Ranked 127th globally. This represents a 22.3% decrease from the previous year.
What was the highest remittances received in Madagascar?▾
Madagascar's remittances received peaked at $495.4M in 2020.
What was the lowest remittances received in Madagascar?▾
The lowest remittances received in Madagascar was $47,010 in 1979.
How does Madagascar rank in remittances received?▾
Madagascar ranks 127th globally in remittances received as of 2025.
What is the World Bank indicator code for remittances received?▾
The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.
What is the projected remittances received of Madagascar in 2025?▾
Madagascar's remittances received is projected to reach $315.7M by 2025 based on trend extrapolation.
What is Madagascar's remittances received in million?▾
Madagascar's remittances received was approximately 315.68 million ($315.7M) in 2025.
What is the remittances received of Madagascar in 2025?▾
The remittances received of Madagascar in 2025 was $315.7M. This ranks 127th in the world.
Cite this page
APA
Madagascar Remittances Received. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/madagascar/remittances
BibTeX
@misc{historysaid_madagascar_remittances,
title = {Madagascar Remittances Received},
url = {https://historysaid.com/madagascar/remittances},
publisher = {HistorySaid},
year = {2026}
}