Domestic Remittances Statistics in Madagascar (2026)
According to World Bank Global Findex data, 37.4% of adults in Madagascar sent or received domestic remittances in 2024. Up from 35.5% in 2022 to 37.4% in 2024 (+1.9 percentage points). Madagascar ranks #32 of 36 economies in Sub-Saharan Africa on this measure, and #53 of 109 globally.
Key Statistics
- Latest value (2024)
- 37.4% (2024)
- Domestic Remittances in Madagascar as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2022
- +1.9 pp (2024)
- Up from 35.5% in 2022 to 37.4% in 2024 (+1.9 percentage points).
- Record high (2024)
- 37.4% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for Madagascar.
- Rank in Sub-Saharan Africa
- #32 of 36 (2024)
- Madagascar ranks 32 of 36 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #53 of 109 (2024)
- Madagascar ranks 53 of 109 countries with data globally.
- Sub-Saharan Africa average
- 53.6% (2024)
- Madagascar (37.4%) is below the average of 53.6% across the 36 countries in Sub-Saharan Africa with data.
- Sent or received domestic remittances: using an account (% age 15+) (2024)
- 17.5% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in Madagascar (2024)
- 18.7% (2024)
- 18.7% of the population in Madagascar used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 32 million (2024)
- Madagascar had a population of 32 million in 2024 (World Bank); shown for scale only.
Trend, 2022–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 37.4% | +1.9 pp |
| 2022 | 35.5% | — |
Frequently asked questions
What share of adults in Madagascar sent or received domestic remittances?
37.4% of adults in Madagascar sent or received domestic remittances in 2024, according to World Bank Global Findex data.
Where does Madagascar rank globally on domestic remittances?
Madagascar ranks 53 of 109 countries with data globally, based on the latest World Bank Global Findex value for each country.
How recent is the domestic remittances data for Madagascar?
The most recent observation is from 2024. World Bank Global Findex data is reported with a lag, so 2024 is the latest available year for Madagascar.
Where does the domestic remittances data for Madagascar come from?
The data comes from the World Bank Global Findex (indicator fh1.fh2). The latest observation for Madagascar is from 2024; the snapshot was retrieved on 2026-06-10.
How has domestic remittances in Madagascar changed over time?
World Bank Global Findex data show a rise from 35.5% in 2022 to 37.4% in 2024.
Source & methodology
Source: World Bank Global Findex, indicator
fh1.fh2, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .