Latvia vs Madagascar: Secondary income balance (credit less debit), Net (credits less)

Latvia
918.28 million
in 2024
Madagascar
942.02 million
in 2022
Latvia rank
70th
Madagascar rank
69th

Secondary income balance (credit less debit), Net (credits less) over time

  • Latvia
  • Madagascar
200.0M400.0M600.0M800.0M1.0B200520142024

How they compare

Madagascar currently reports 942.02 million against 918.28 million in Latvia, a difference of 23.73 million.

The two have swapped places 1 time across 18 shared years of data; in 2005 it was Latvia ahead.

Latvia ranks 70th and Madagascar ranks 69th of 197 countries.

Across the 3 decades both report, Latvia averaged higher in 1 and Madagascar in 2.

Head to head by decade

Decade Latvia Madagascar Difference Ahead
2000s 610.11 million 345.01 million 265.10 million Latvia
2010s 564.68 million 676.96 million 112.29 million Madagascar
2020s 444.48 million 942.51 million 498.03 million Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher secondary income balance (credit less debit), net (credits less), Latvia or Madagascar?
Madagascar, at 942.02 million against 918.28 million in Latvia as of 2022.
What is the difference in secondary income balance (credit less debit), net (credits less) between Latvia and Madagascar?
23.73 million, with Madagascar ahead.
How many years of comparable data are there for Latvia and Madagascar?
18 years are reported by both, from 2005 to 2022.
How do Latvia and Madagascar rank globally for secondary income balance (credit less debit), net (credits less)?
Latvia ranks 70th and Madagascar ranks 69th of 197 countries.
Where does this data come from?
International Monetary Fund, published as Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Madagascar: Secondary income balance (credit less debit), Net (credits less). Statizoid, drawing on International Monetary Fund. Retrieved 06 September 2026, from https://financial-sector.statizoid.com/compare/secondary-income-balance-credit-less-debit-net-credits-less-debits-us-dollar/latvia/madagascar/

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About this data

Indicator
Secondary income balance (credit less debit), Net (credits less debits) (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
206 places, 3,849 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.