Personal remittances and foreign aid received in Madagascar
Madagascar: Personal remittances and foreign aid received was 439.71 million current US$ in 2021. ◆ Volatile
Personal remittances and foreign aid received in Madagascar, 1974–2021
Source: World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Measured in current US$.
Analysis
In 2021, personal remittances and foreign aid received in Madagascar stood at 439.71 million current US$.
Compared with earlier readings it is down 11.2% on the previous year and up 31.3% over ten years.
Over the whole period, personal remittances and foreign aid received in Madagascar peaked at 495.36 million current US$ in 2020 and was at its lowest, 47,010 current US$, in 1979.
Madagascar ranks 120th of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 394,164 current US$ | 47,010 current US$ | 711,447 current US$ | 6 |
| 1980s | 3.53 million current US$ | 114,372 current US$ | 9.74 million current US$ | 10 |
| 1990s | 11.31 million current US$ | 6.24 million current US$ | 15.21 million current US$ | 10 |
| 2000s | 118.33 million current US$ | 10.87 million current US$ | 313.99 million current US$ | 10 |
| 2010s | 362.55 million current US$ | 299.20 million current US$ | 455.83 million current US$ | 10 |
| 2020s | 467.53 million current US$ | 439.71 million current US$ | 495.36 million current US$ | 2 |
Countries ranked near Madagascar
More reference data data for Madagascar
- Spring temperature anomalies 0.7356 °C (2026)
- Summer temperature anomalies 0.1142 °C (2026)
- Temperature anomalies by month -0.0487 °C (2026)
- Universal right to vote in practice 0 (2025)
- Autumn temperature anomalies 0.8079 °C (2025)
- Winter temperature anomalies -0.3162 °C (2025)
- Consumer price index 280.82 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is personal remittances and foreign aid received in Madagascar?
- Personal remittances and foreign aid received in Madagascar was 439.71 million current US$ in 2021, according to World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data.
- What is the highest personal remittances and foreign aid received recorded in Madagascar?
- The highest recorded value was 495.36 million current US$ in 2020.
- What is the lowest personal remittances and foreign aid received recorded in Madagascar?
- The lowest recorded value was 47,010 current US$ in 1979.
- How does Madagascar rank for personal remittances and foreign aid received?
- Madagascar ranks 120th out of 193 countries with data for 2021.
- Is personal remittances and foreign aid received rising or falling in Madagascar?
- Over the last ten years it is up 31.3%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data, published as part of Personal remittances and foreign aid received. Statizoid updates them automatically from the source API.
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About this data
Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends. Foreign aid is measured as official development assistance. Both are measured in current US$.