Remittances, annual growth rate in Madagascar
Madagascar: Remittances, annual growth rate was 18.9 % change on previous year in 2024. ◆ Volatile
Remittances, annual growth rate in Madagascar, 1975–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Madagascar recorded 18.9 % change on previous year for remittances, annual growth rate in 2024.
That represents a change of up 183.4% on the previous year and up 521.3% over ten years.
Over the whole period, remittances, annual growth rate in Madagascar peaked at 663.78 % change on previous year in 2005 and was at its lowest, -90.91 % change on previous year, in 1979.
Madagascar ranks 19th of 189 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances, annual growth rate in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1975 | -5.67 % change on previous year | — |
| 1976 | 59.54 % change on previous year | -1150.5% |
| 1977 | -57.67 % change on previous year | -196.8% |
| 1978 | 8.22 % change on previous year | -114.3% |
| 1979 | -90.91 % change on previous year | -1205.6% |
| 1980 | 436.31 % change on previous year | -579.9% |
| 1981 | -36.26 % change on previous year | -108.3% |
| 1982 | -48.48 % change on previous year | +33.7% |
| 1983 | 3.7 % change on previous year | -107.6% |
| 1985 | -16.64 % change on previous year | -550.2% |
| 1986 | 12.24 % change on previous year | -173.5% |
| 1987 | 7.17 % change on previous year | -41.4% |
| 1988 | -12.67 % change on previous year | -276.9% |
| 1989 | 142.8 % change on previous year | -1226.8% |
| 1990 | -34.74 % change on previous year | -124.3% |
| 1991 | 101.52 % change on previous year | -392.3% |
| 1992 | 1.51 % change on previous year | -98.5% |
| 1993 | -18.61 % change on previous year | -1328.7% |
| 1994 | 8.55 % change on previous year | -145.9% |
| 1995 | -34.45 % change on previous year | -503.0% |
| 1996 | -46.64 % change on previous year | +35.4% |
| 1997 | 125.83 % change on previous year | -369.8% |
| 1998 | -8.9 % change on previous year | -107.1% |
| 1999 | 4.34 % change on previous year | -148.7% |
| 2000 | -10.39 % change on previous year | -339.6% |
| 2001 | -17.89 % change on previous year | +72.2% |
| 2002 | 174.1 % change on previous year | -1073.2% |
| 2003 | -53.51 % change on previous year | -130.7% |
| 2004 | -10.8 % change on previous year | -79.8% |
| 2005 | 663.78 % change on previous year | -6243.6% |
| 2006 | 35.39 % change on previous year | -94.7% |
| 2007 | 27.07 % change on previous year | -23.5% |
| 2008 | -1.93 % change on previous year | -107.1% |
| 2009 | 0.7723 % change on previous year | -140.0% |
| 2010 | 54.77 % change on previous year | +6992.1% |
| 2011 | -36.49 % change on previous year | -166.6% |
| 2012 | -1.58 % change on previous year | -95.7% |
| 2013 | 0.8892 % change on previous year | -156.3% |
| 2014 | -4.49 % change on previous year | -604.6% |
| 2015 | 4.95 % change on previous year | -210.3% |
| 2016 | -12.52 % change on previous year | -353.0% |
| 2017 | 3.02 % change on previous year | -124.1% |
| 2018 | 18.87 % change on previous year | +525.0% |
| 2019 | -6.53 % change on previous year | -134.6% |
| 2020 | 31.31 % change on previous year | -579.5% |
| 2021 | -19.29 % change on previous year | -161.6% |
| 2022 | -18.02 % change on previous year | -6.6% |
| 2023 | -22.66 % change on previous year | +25.8% |
| 2024 | 18.9 % change on previous year | -183.4% |
Madagascar compared with similar countries
- Madagascar's 18.9 % change on previous year is above the median for low income countries, which is 0.4096 % change on previous year, 46.1× the median. (21 countries reporting)
- Madagascar's 18.9 % change on previous year is above the median for Sub-Saharan Africa, which is -0.6476 % change on previous year. (44 countries reporting)
Biggest year-on-year movements
Years where Remittances, annual growth rate in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +6992.1% | 0.7723 % change on previous year | 54.77 % change on previous year |
| 2005 | +6243.6% | -10.8 % change on previous year | 663.78 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -17.3 % change on previous year | -90.91 % change on previous year | 59.54 % change on previous year | 5 |
| 1980s | 54.24 % change on previous year | -48.48 % change on previous year | 436.31 % change on previous year | 9 |
| 1990s | 9.84 % change on previous year | -46.64 % change on previous year | 125.83 % change on previous year | 10 |
| 2000s | 80.66 % change on previous year | -53.51 % change on previous year | 663.78 % change on previous year | 10 |
| 2010s | 2.09 % change on previous year | -36.49 % change on previous year | 54.77 % change on previous year | 10 |
| 2020s | -1.95 % change on previous year | -22.66 % change on previous year | 31.31 % change on previous year | 5 |
Countries ranked near Madagascar
- 16 Kuwait 20.12 % change on previous year compare
- 17 Benin 19.75 % change on previous year compare
- 18 Togo 19.6 % change on previous year compare
- 20 Lithuania 17.19 % change on previous year compare
- 21 Honduras 16.99 % change on previous year compare
- 22 Thailand 16.92 % change on previous year compare
More reference data data for Madagascar
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4459 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.82 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 5.9 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4503 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 5.9 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.5 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.43 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 26.56 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 32.81 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.45 (2050)
Frequently asked questions
- What is remittances, annual growth rate in Madagascar?
- Remittances, annual growth rate in Madagascar was 18.9 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest remittances, annual growth rate recorded in Madagascar?
- The highest recorded value was 663.78 % change on previous year in 2005.
- What is the lowest remittances, annual growth rate recorded in Madagascar?
- The lowest recorded value was -90.91 % change on previous year in 1979.
- How does Madagascar rank for remittances, annual growth rate?
- Madagascar ranks 19th out of 189 countries with data for 2024.
- Is remittances, annual growth rate rising or falling in Madagascar?
- Over the last ten years it is up 521.3%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Remittances Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.