Economy · East Africa
Madagascar Remittances (% of GDP)
2.3%as of 2024+18.8% vs 2023
Personal remittances received as a share of GDP. Source: World Bank — World Development Indicators. Updated June 19, 2026.
Trend
History
| Period | Remittances (% of GDP) |
|---|---|
| 2024 | 2.3% |
| 2023 | 2% |
| 2022 | 2.5% |
| 2021 | 3.1% |
| 2020 | 3.8% |
| 2019 | 2.9% |
| 2018 | 3.1% |
| 2017 | 2.6% |
| 2016 | 2.5% |
| 2015 | 2.9% |
| 2014 | 2.8% |
| 2013 | 2.9% |
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_pct_gdp" \
-H "Authorization: Bearer $AFRICA_API_KEY"Remittances (% of GDP) across Africa
Rank all 54 ->| Country | Remittances (% of GDP) |
|---|---|
| Nigeria | 8.4% |
| Kenya | 4.2% |
| South Africa | 0.2% |
| Egypt | 7.6% |
| Ghana | 3.7% |
| Ethiopia | 4.8% |
Frequently asked questions
What is Madagascar's remittances as a share of GDP?
Madagascar's remittances as a share of GDP is 2.3% 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 (% of GDP) data via API?
Call GET /v1/data?country_code=MG&metric_key=remittances_received_pct_gdp with a free Africa API key to receive the full time series as JSON.
More Madagascar economy data