Madagascar vs Namibia: Net secondary income (Net current transfers from abroad)
Net secondary income (Net current transfers from abroad) over time
- Madagascar
- Namibia
How they compare
Madagascar currently reports 19.07 billion constant LCU against 11.22 billion constant LCU in Namibia, a difference of 7.85 billion constant LCU.
That makes Madagascar's figure about 1.7 times Namibia's.
Across all 26 years both countries report, Madagascar has been ahead every year.
Globally, Madagascar ranks 55th and Namibia ranks 58th of 125 countries.
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About this data
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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.