Latvia vs Madagascar: Net secondary income

Latvia
1.02 billion BoP, current US$
in 2025
Madagascar
1.10 billion BoP, current US$
in 2024
Latvia rank
67th
Madagascar rank
65th

Net secondary income over time

  • Latvia
  • Madagascar
0250.0M500.0M750.0M1.0B197419992025

How they compare

Madagascar currently reports 1.10 billion BoP, current US$ against 1.02 billion BoP, current US$ in Latvia, a difference of 80.00 million BoP, current US$.

That makes Madagascar's figure about 1.1 times Latvia's.

The two have swapped places 10 times across 33 shared years of data; in 1992 it was Madagascar ahead.

Globally, Latvia ranks 67th and Madagascar ranks 65th of 199 countries.

Individual pages

About this data

Indicator
Net secondary income (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,778 data points, 1960–2025
Last refreshed

Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.