Economy · East Africa
Madagascar Remittances Received
Remittances Received is measured in current U.S. dollars, so sharp year-over-year moves often reflect shifts in the MGA/USD exchange rate — such as a currency devaluation — rather than an equivalent change in the real economy.
Personal remittances received, in current US dollars. Source: World Bank — World Development Indicators. Updated June 19, 2026.
Trend
History
| Period | Remittances Received |
|---|---|
| 2024 | $406.26M |
| 2023 | $311.45M |
| 2022 | $385.29M |
| 2021 | $439.71M |
| 2020 | $495.36M |
| 2019 | $407.68M |
| 2018 | $425.5M |
| 2017 | $342.78M |
| 2016 | $299.2M |
| 2015 | $326.84M |
| 2014 | $344.44M |
| 2013 | $357.75M |
Get this via API
The series above is served by the /v1/data endpoint. With a free key you get JSON for every country and indicator on this site.
curl "https://api.africa-api.com/v1/data?country_code=MG&metric_key=remittances_received_usd" \
-H "Authorization: Bearer $AFRICA_API_KEY"Remittances Received across Africa
Rank all 54 ->| Country | Remittances Received |
|---|---|
| Nigeria | $21.29B |
| Kenya | $5B |
| South Africa | $855.37M |
| Egypt | $29.56B |
| Ghana | $3.03B |
| Ethiopia | $7.14B |
Frequently asked questions
What is Madagascar's personal remittances received?
Madagascar's personal remittances received is $406.26M as of 2024, according to World Bank — World Development Indicators.
What is the source for this figure?
The figure comes from World Bank — World Development Indicators and is republished by the Africa API with the retrieval date shown on this page.
How do I get Madagascar Remittances Received data via API?
Call GET /v1/data?country_code=MG&metric_key=remittances_received_usd with a free Africa API key to receive the full time series as JSON.
More Madagascar economy data