Canada vs Upper middle income: Primary income payments

Canada
196.42 billion BoP, current US$
in 2025
Upper middle income
1.02 trillion BoP, current US$
in 2024
Canada rank
12th
Upper middle income rank
13th

Primary income payments over time

  • Canada
  • Upper middle income
0250.0B500.0B750.0B1.0T196019922025

How they compare

Upper middle income currently reports 1.02 trillion BoP, current US$ against 196.42 billion BoP, current US$ in Canada, a difference of 823.61 billion BoP, current US$.

That makes Upper middle income's figure about 5.2 times Canada's.

Across all 37 years both countries report, Upper middle income has been ahead every year.

Canada ranks 12th and Upper middle income ranks 13th of 199 countries.

Upper middle income has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Canada Upper middle income Difference Ahead
1980s 31.46 billion BoP, current US$ 59.96 billion BoP, current US$ 28.50 billion BoP, current US$ Upper middle income
1990s 39.52 billion BoP, current US$ 96.35 billion BoP, current US$ 56.83 billion BoP, current US$ Upper middle income
2000s 61.16 billion BoP, current US$ 223.86 billion BoP, current US$ 162.69 billion BoP, current US$ Upper middle income
2010s 97.01 billion BoP, current US$ 620.37 billion BoP, current US$ 523.36 billion BoP, current US$ Upper middle income
2020s 143.44 billion BoP, current US$ 900.20 billion BoP, current US$ 756.76 billion BoP, current US$ Upper middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher primary income payments, Canada or Upper middle income?
Upper middle income, at 1.02 trillion BoP, current US$ against 196.42 billion BoP, current US$ in Canada as of 2024.
What is the difference in primary income payments between Canada and Upper middle income?
823.61 billion BoP, current US$, with Upper middle income ahead.
How many years of comparable data are there for Canada and Upper middle income?
37 years are reported by both, from 1987 to 2024.
How do Canada and Upper middle income rank globally for primary income payments?
Canada ranks 12th and Upper middle income ranks 13th of 199 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Primary income payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Upper middle income: Primary income payments. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 25 August 2026, from https://economy.statizoid.com/compare/primary-income-payments-bop-current-us/canada/upper-middle-income/

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About this data

Indicator
Primary income payments (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,526 data points, 1960–2025
Last refreshed

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.