Benin vs Madagascar: Personal remittances, received

Benin
338.54 million current US$
in 2023
Madagascar
406.26 million current US$
in 2024
Benin rank
130th
Madagascar rank
127th

Personal remittances, received over time

  • Benin
  • Madagascar
0100.0M200.0M300.0M400.0M500.0M197419992024

How they compare

Madagascar currently reports 406.26 million current US$ against 338.54 million current US$ in Benin, a difference of 67.72 million current US$.

That makes Madagascar's figure about 1.2 times Benin's.

The two have swapped places 2 times across 50 shared years of data; in 1974 it was Benin ahead.

Globally, Benin ranks 130th and Madagascar ranks 127th of 196 countries.

Individual pages

About this data

Indicator
Personal remittances, received (current US$)
Unit
current US$
Source
IMF balance of payments data, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 9,711 data points, 1970–2025
Last refreshed

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.