Workers' remittances received as a share of GDP rose 31.3% to 0.038% in Madagascar in 2020, according to the National Statistical Office.
Historically, workers' remittances received as a share of GDP in Madagascar reached an all time high of 0.046% in 2010 and an all time low of < 0.001% in 1979. When compared to Madagascar's main peers, workers' remittances received as a share of GDP in Mozambique amounted to 0.025%, 0.002% in South Africa, 0.028% in Swaziland and 0.005% in Tanzania in 2020.
Madagascar has been ranked 55th within the group of 159 countries we follow in terms of workers' remittances received as a share of GDP, 7 places below the position seen 10 years ago.
| Workers' Remittances, Received (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Botswana | % | 0.002% | 0.002% | 0.002% | 0.003% | 0.004% | ||||||||||||||||
| Kenya | % | 0.022% | 0.023% | 0.024% | 0.030% | 0.028% | ||||||||||||||||
| Lesotho | % | 0.157% | 0.214% | 0.238% | 0.228% | 0.222% | ||||||||||||||||
| Madagascar | % | 0.029% | 0.025% | 0.026% | 0.031% | 0.029% | ... | |||||||||||||||
| Malawi | % | 0.007% | 0.007% | 0.009% | 0.018% | 0.025% | ||||||||||||||||
| Mozambique | % | 0.009% | 0.008% | 0.020% | 0.020% | 0.019% | ||||||||||||||||
| Namibia | % | 0.004% | 0.006% | 0.004% | 0.004% | 0.005% | ||||||||||||||||
| South Africa | % | 0.002% | 0.002% | 0.002% | 0.002% | 0.002% | ||||||||||||||||
| Swaziland | % | 0.024% | 0.026% | 0.033% | 0.027% | 0.026% | ||||||||||||||||
| Tanzania | % | 0.008% | 0.008% | 0.008% | 0.007% | 0.007% | ... | |||||||||||||||
| Uganda | % | 0.028% | 0.039% | 0.038% | 0.041% | 0.040% | ... | |||||||||||||||
| Zambia | % | ... | ... | 0.002% | 0.002% | 0.004% | 0.004% | 0.004% |
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