Workers' remittances paid rose 84.8% to USD 100.0 mil in Madagascar in 2022, according to the National Statistical Office.
Historically, workers' remittances paid in Madagascar reached an all time high of USD 100.0 mil in 2022 and an all time low of USD 4.71 mil in 2002. When compared to Madagascar's main peers, workers' remittances paid in Mozambique amounted to USD 190 mil, USD 1,012 mil in South Africa, USD 40.6 mil in Swaziland and USD 162 mil in Tanzania in 2022.
Madagascar has been ranked 125th within the group of 154 countries we follow in terms of workers' remittances paid, 4 places below the position seen 10 years ago.
Workers' Remittances, Paid (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Botswana | USD mil | 63.4 | 99.4 | 182 | 243 | 212 | ... | |||||||||||||||
Kenya | USD mil | 10.7 | 2.56 | 8.39 | 8.97 | 11.4 | ... | |||||||||||||||
Lesotho | USD mil | ... | ... | ... | ... | ... | 3.53 | 3.40 | 2.83 | 3.37 | 3.34 | |||||||||||
Madagascar | USD mil | 74.3 | 63.2 | 42.9 | 54.1 | 100.0 | ... | ... | ||||||||||||||
Malawi | USD mil | 15.0 | 32.0 | 36.8 | 166 | 193 | ... | |||||||||||||||
Mozambique | USD mil | 209 | 193 | 206 | 212 | 190 | ||||||||||||||||
Namibia | USD mil | 57.9 | 95.6 | 105 | 93.7 | 79.9 | ||||||||||||||||
South Africa | USD mil | 1,098 | 1,052 | 921 | 1,066 | 1,012 | ||||||||||||||||
Swaziland | USD mil | 24.2 | 26.9 | 24.4 | 40.6 | 40.6 | ... | |||||||||||||||
Tanzania | USD mil | 99.1 | 87.2 | 87.0 | 122 | 162 | ... | |||||||||||||||
Uganda | USD mil | 400 | 379 | 199 | 223 | 245 | ... | |||||||||||||||
Zambia | USD mil | 132 | 104 | 88.5 | 122 | 131 | ... |