Secondary income receipts in Madagascar
Madagascar: Secondary income receipts was 1.20 billion BoP, current US$ in 2024. ◆ Volatile
Secondary income receipts in Madagascar, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, secondary income receipts in Madagascar stood at 1.20 billion BoP, current US$. That is the highest value across all 51 years on record.
That represents a change of up 23.0% on the previous year and up 43.9% over ten years.
Over the whole period, secondary income receipts in Madagascar peaked at 1.20 billion BoP, current US$ in 2024 and was at its lowest, 63.85 million BoP, current US$, in 1974.
That places Madagascar 115th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 83.40 million BoP, current US$ | 63.85 million BoP, current US$ | 98.50 million BoP, current US$ | 6 |
| 1980s | 141.71 million BoP, current US$ | 85.53 million BoP, current US$ | 230.46 million BoP, current US$ | 10 |
| 1990s | 153.62 million BoP, current US$ | 94.37 million BoP, current US$ | 270.40 million BoP, current US$ | 10 |
| 2000s | 302.75 million BoP, current US$ | 114.19 million BoP, current US$ | 588.81 million BoP, current US$ | 10 |
| 2010s | 766.23 million BoP, current US$ | 603.22 million BoP, current US$ | 1.06 billion BoP, current US$ | 10 |
| 2020s | 1.04 billion BoP, current US$ | 965.13 million BoP, current US$ | 1.20 billion BoP, current US$ | 5 |
Countries ranked near Madagascar
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 secondary income receipts in Madagascar?
- Secondary income receipts in Madagascar was 1.20 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income receipts recorded in Madagascar?
- The highest recorded value was 1.20 billion BoP, current US$ in 2024.
- What is the lowest secondary income receipts recorded in Madagascar?
- The lowest recorded value was 63.85 million BoP, current US$ in 1974.
- How does Madagascar rank for secondary income receipts?
- Madagascar ranks 115th out of 198 countries with data for 2024.
- Is secondary income receipts rising or falling in Madagascar?
- Over the last ten years it is up 43.9%. 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 Secondary income receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.