Latin America & Caribbean vs Mexico: Primary income payments
Primary income payments over time
- Latin America & Caribbean
- Mexico
How they compare
Latin America & Caribbean currently reports 353.73 billion BoP, current US$ against 80.37 billion BoP, current US$ in Mexico, a difference of 273.36 billion BoP, current US$.
That makes Latin America & Caribbean's figure about 4.4 times Mexico's.
Across all 46 years both countries report, Latin America & Caribbean has been ahead every year.
Latin America & Caribbean ranks 20th and Mexico ranks 20th of 47 groups.
Latin America & Caribbean has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 20.85 billion BoP, current US$ | 4.66 billion BoP, current US$ | 16.19 billion BoP, current US$ | Latin America & Caribbean |
| 1980s | 44.72 billion BoP, current US$ | 10.70 billion BoP, current US$ | 34.02 billion BoP, current US$ | Latin America & Caribbean |
| 1990s | 58.41 billion BoP, current US$ | 14.93 billion BoP, current US$ | 43.48 billion BoP, current US$ | Latin America & Caribbean |
| 2000s | 109.88 billion BoP, current US$ | 19.77 billion BoP, current US$ | 90.11 billion BoP, current US$ | Latin America & Caribbean |
| 2010s | 211.66 billion BoP, current US$ | 39.45 billion BoP, current US$ | 172.21 billion BoP, current US$ | Latin America & Caribbean |
| 2020s | 283.48 billion BoP, current US$ | 56.75 billion BoP, current US$ | 226.73 billion BoP, current US$ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher primary income payments, Latin America & Caribbean or Mexico?
- Latin America & Caribbean, at 353.73 billion BoP, current US$ against 80.37 billion BoP, current US$ in Mexico as of 2024.
- What is the difference in primary income payments between Latin America & Caribbean and Mexico?
- 273.36 billion BoP, current US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Latin America & Caribbean and Mexico?
- 46 years are reported by both, from 1979 to 2024.
- How do Latin America & Caribbean and Mexico rank globally for primary income payments?
- Latin America & Caribbean ranks 20th and Mexico ranks 20th of 47 groups.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Primary income payments (BoP, current US$). 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.