Money sent or brought back by migrants as a share of GDP in Madagascar
Madagascar: Money sent or brought back by migrants as a share of GDP was 2.3% in 2024. ◆ Volatile
Money sent or brought back by migrants as a share of GDP in Madagascar, 1974–2024
Source: World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2024, money sent or brought back by migrants as a share of gdp in Madagascar stood at 2.3%.
Compared with earlier readings it is up 18.9% on the previous year and down 16.0% over ten years.
Over the whole period, money sent or brought back by migrants as a share of gdp in Madagascar peaked at 4.6% in 2010 and was at its lowest, 0.0%, in 1979.
That places Madagascar 97th out of 194 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.
Money sent or brought back by migrants as a share of GDP in Madagascar, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 0.0% | — |
| 1975 | 0.0% | -5.7% |
| 1976 | 0.0% | +59.5% |
| 1977 | 0.0% | -57.7% |
| 1978 | 0.0% | +8.2% |
| 1979 | 0.0% | -90.9% |
| 1980 | 0.0% | +436.3% |
| 1981 | 0.0% | -36.3% |
| 1982 | 0.0% | -48.5% |
| 1983 | 0.0% | +3.7% |
| 1984 | 0.1% | +5721.7% |
| 1985 | 0.1% | -16.6% |
| 1986 | 0.1% | +12.2% |
| 1987 | 0.1% | +7.2% |
| 1988 | 0.1% | -12.7% |
| 1989 | 0.3% | +142.8% |
| 1990 | 0.2% | -34.7% |
| 1991 | 0.4% | +101.5% |
| 1992 | 0.4% | +1.5% |
| 1993 | 0.3% | -18.6% |
| 1994 | 0.4% | +8.5% |
| 1995 | 0.2% | -34.4% |
| 1996 | 0.1% | -46.6% |
| 1997 | 0.3% | +125.8% |
| 1998 | 0.3% | -8.9% |
| 1999 | 0.3% | +4.3% |
| 2000 | 0.2% | -10.4% |
| 2001 | 0.2% | -17.9% |
| 2002 | 0.5% | +174.1% |
| 2003 | 0.3% | -53.5% |
| 2004 | 0.2% | -10.8% |
| 2005 | 1.7% | +663.8% |
| 2006 | 2.3% | +35.4% |
| 2007 | 3.0% | +27.1% |
| 2008 | 2.9% | -1.9% |
| 2009 | 3.0% | +0.8% |
| 2010 | 4.6% | +54.8% |
| 2011 | 2.9% | -36.5% |
| 2012 | 2.9% | -1.6% |
| 2013 | 2.9% | +0.9% |
| 2014 | 2.8% | -4.5% |
| 2015 | 2.9% | +4.9% |
| 2016 | 2.5% | -12.5% |
| 2017 | 2.6% | +3.0% |
| 2018 | 3.1% | +18.9% |
| 2019 | 2.9% | -6.5% |
| 2020 | 3.8% | +31.3% |
| 2021 | 3.1% | -19.3% |
| 2022 | 2.5% | -18.0% |
| 2023 | 1.9% | -22.7% |
| 2024 | 2.3% | +18.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 6 |
| 1980s | 0.1% | 0.0% | 0.3% | 10 |
| 1990s | 0.3% | 0.1% | 0.4% | 10 |
| 2000s | 1.4% | 0.2% | 3.0% | 10 |
| 2010s | 3.0% | 2.5% | 4.6% | 10 |
| 2020s | 2.7% | 1.9% | 3.8% | 5 |
Countries ranked near Madagascar
More population data for Madagascar
- Population regions with projections, annual growth rate 0.445 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.153 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.445 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.463 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.2896 % change on previous year (2100)
- World population growth 0.4% (2100)
- Population density 146.69 people per km² (2100)
- Number of children under 5, by world region 6.06 million people (2100)
- Population growth rate, by level of development 0.4% (2100)
- Number of people living in urban and rural areas, annual growth rate 3.9 % change on previous year (2025)
Frequently asked questions
- What is money sent or brought back by migrants as a share of gdp in Madagascar?
- Money sent or brought back by migrants as a share of gdp in Madagascar was 2.3% in 2024, according to World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data.
- What is the highest money sent or brought back by migrants as a share of gdp recorded in Madagascar?
- The highest recorded value was 4.6% in 2010.
- What is the lowest money sent or brought back by migrants as a share of gdp recorded in Madagascar?
- The lowest recorded value was 0.0% in 1979.
- How does Madagascar rank for money sent or brought back by migrants as a share of gdp?
- Madagascar ranks 97th out of 194 countries with data for 2024.
- Is money sent or brought back by migrants as a share of gdp rising or falling in Madagascar?
- Over the last ten years it is down 16.0%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data, published as part of Money sent or brought back by migrants as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Money sent or brought back by migrants refers to remittances a country has received in this year.