Net primary income in Madagascar
Madagascar: Net primary income was -524.71 million BoP, current US$ in 2024. ◆ Volatile
Net primary income in Madagascar, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net primary income in Madagascar stood at -524.71 million BoP, current US$. That is the lowest value across all 51 years on record.
Compared with earlier readings it is down 30.7% on the previous year and down 50.0% over ten years.
Over the whole period, net primary income in Madagascar peaked at -5.70 million BoP, current US$ in 1977 and was at its lowest, -524.71 million BoP, current US$, in 2024.
Madagascar ranks 102nd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -15.29 million BoP, current US$ | -27.22 million BoP, current US$ | -5.70 million BoP, current US$ | 6 |
| 1980s | -131.89 million BoP, current US$ | -189.32 million BoP, current US$ | -43.88 million BoP, current US$ | 10 |
| 1990s | -132.07 million BoP, current US$ | -166.74 million BoP, current US$ | -42.47 million BoP, current US$ | 10 |
| 2000s | -100.95 million BoP, current US$ | -147.01 million BoP, current US$ | -41.73 million BoP, current US$ | 10 |
| 2010s | -380.09 million BoP, current US$ | -491.23 million BoP, current US$ | -179.34 million BoP, current US$ | 10 |
| 2020s | -408.17 million BoP, current US$ | -524.71 million BoP, current US$ | -310.10 million BoP, current US$ | 5 |
Countries ranked near Madagascar
- 99 Latvia -418.69 million BoP, current US$ compare
- 100 Zimbabwe -478.14 million BoP, current US$ compare
- 101 Slovenia -492.18 million BoP, current US$ compare
- 103 Macao -590.61 million BoP, current US$ compare
- 104 Eswatini -612.84 million BoP, current US$ compare
- 105 Estonia -660.59 million BoP, current US$ compare
More economy & growth data for Madagascar
- DEC alternative conversion factor 4,530 LCU per US$ (2025)
- Agriculture, forestry, and fishing, value added 5.62 trillion constant LCU (2025)
- Households and NPISHs final consumption expenditure 72.8% (2025)
- Final consumption expenditure 17.15 billion current US$ (2025)
- Final consumption expenditure 77.70 trillion current LCU (2025)
- Final consumption expenditure 12.67 billion constant 2015 US$ (2025)
- Final consumption expenditure 2.1% (2025)
- Taxes less subsidies on products 6.72 trillion current LCU (2025)
- Final consumption expenditure 87.4% (2025)
- Gross national expenditure 111.6% (2025)
Frequently asked questions
- What is net primary income in Madagascar?
- Net primary income in Madagascar was -524.71 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Madagascar?
- The highest recorded value was -5.70 million BoP, current US$ in 1977.
- What is the lowest net primary income recorded in Madagascar?
- The lowest recorded value was -524.71 million BoP, current US$ in 2024.
- How does Madagascar rank for net primary income?
- Madagascar ranks 102nd out of 199 countries with data for 2024.
- Is net primary income rising or falling in Madagascar?
- Over the last ten years it is down 50.0%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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.