Australia vs Latin America & the Caribbean (IDA & IBRD countries): Primary income payments
Primary income payments over time
- Australia
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Latin America & the Caribbean (IDA & IBRD countries) currently reports 353.99 billion BoP, current US$ against 125.36 billion BoP, current US$ in Australia, a difference of 228.63 billion BoP, current US$.
That makes Latin America & the Caribbean (IDA & IBRD countries)'s figure about 2.8 times Australia's.
Across all 37 years both countries report, Latin America & the Caribbean (IDA & IBRD countries) has been ahead every year.
Australia ranks 16th and Latin America & the Caribbean (IDA & IBRD countries) ranks 19th of 200 countries.
Latin America & the Caribbean (IDA & IBRD countries) has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 15.27 billion BoP, current US$ | 48.74 billion BoP, current US$ | 33.47 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 17.76 billion BoP, current US$ | 58.08 billion BoP, current US$ | 40.32 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 46.62 billion BoP, current US$ | 109.38 billion BoP, current US$ | 62.76 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 85.51 billion BoP, current US$ | 208.79 billion BoP, current US$ | 123.28 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 113.58 billion BoP, current US$ | 289.17 billion BoP, current US$ | 175.59 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher primary income payments, Australia or Latin America & the Caribbean (IDA & IBRD countries)?
- Latin America & the Caribbean (IDA & IBRD countries), at 353.99 billion BoP, current US$ against 125.36 billion BoP, current US$ in Australia as of 2025.
- What is the difference in primary income payments between Australia and Latin America & the Caribbean (IDA & IBRD countries)?
- 228.63 billion BoP, current US$, with Latin America & the Caribbean (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Australia and Latin America & the Caribbean (IDA & IBRD countries)?
- 37 years are reported by both, from 1989 to 2025.
- How do Australia and Latin America & the Caribbean (IDA & IBRD countries) rank globally for primary income payments?
- Australia ranks 16th and Latin America & the Caribbean (IDA & IBRD countries) ranks 19th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Primary income payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.