Primary income payments in Madagascar
Madagascar: Primary income payments was 638.92 million BoP, current US$ in 2024. ◆ Volatile
Primary income payments in Madagascar, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, primary income payments in Madagascar stood at 638.92 million BoP, current US$. That is the highest value across all 51 years on record.
The figure is up 31.3% on the previous year and up 68.0% over ten years.
Over the whole period, primary income payments in Madagascar peaked at 638.92 million BoP, current US$ in 2024 and was at its lowest, 7.82 million BoP, current US$, in 1977.
Madagascar ranks 130th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.53 million BoP, current US$ | 7.82 million BoP, current US$ | 29.62 million BoP, current US$ | 6 |
| 1980s | 138.94 million BoP, current US$ | 46.34 million BoP, current US$ | 207.65 million BoP, current US$ | 10 |
| 1990s | 142.99 million BoP, current US$ | 63.12 million BoP, current US$ | 175.83 million BoP, current US$ | 10 |
| 2000s | 133.34 million BoP, current US$ | 64.10 million BoP, current US$ | 180.89 million BoP, current US$ | 10 |
| 2010s | 428.76 million BoP, current US$ | 241.84 million BoP, current US$ | 551.94 million BoP, current US$ | 10 |
| 2020s | 475.35 million BoP, current US$ | 353.00 million BoP, current US$ | 638.92 million BoP, current US$ | 5 |
Countries ranked near Madagascar
- 127 Jamaica 920.14 million BoP, current US$ compare
- 128 Maldives 853.73 million BoP, current US$ compare
- 129 Eswatini 758.17 million BoP, current US$ compare
- 131 Iran 604.00 million BoP, current US$ compare
- 132 Botswana 564.76 million BoP, current US$ compare
- 133 South Sudan 558.91 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 primary income payments in Madagascar?
- Primary income payments in Madagascar was 638.92 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Madagascar?
- The highest recorded value was 638.92 million BoP, current US$ in 2024.
- What is the lowest primary income payments recorded in Madagascar?
- The lowest recorded value was 7.82 million BoP, current US$ in 1977.
- How does Madagascar rank for primary income payments?
- Madagascar ranks 130th out of 199 countries with data for 2024.
- Is primary income payments rising or falling in Madagascar?
- Over the last ten years it is up 68.0%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.