Latin America & Caribbean vs Norway: Primary income payments
Primary income payments over time
- Latin America & Caribbean
- Norway
How they compare
Latin America & Caribbean currently reports 353.73 billion BoP, current US$ against 56.36 billion BoP, current US$ in Norway, a difference of 297.37 billion BoP, current US$.
That makes Latin America & Caribbean's figure about 6.3 times Norway's.
Across all 47 years both countries report, Latin America & Caribbean has been ahead every year.
Latin America & Caribbean ranks 20th and Norway ranks 23rd of 47 groups.
Latin America & Caribbean has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 16.05 billion BoP, current US$ | 2.10 billion BoP, current US$ | 13.94 billion BoP, current US$ | Latin America & Caribbean |
| 1980s | 44.72 billion BoP, current US$ | 3.87 billion BoP, current US$ | 40.85 billion BoP, current US$ | Latin America & Caribbean |
| 1990s | 58.41 billion BoP, current US$ | 6.49 billion BoP, current US$ | 51.92 billion BoP, current US$ | Latin America & Caribbean |
| 2000s | 109.88 billion BoP, current US$ | 22.66 billion BoP, current US$ | 87.22 billion BoP, current US$ | Latin America & Caribbean |
| 2010s | 211.66 billion BoP, current US$ | 31.20 billion BoP, current US$ | 180.46 billion BoP, current US$ | Latin America & Caribbean |
| 2020s | 283.48 billion BoP, current US$ | 43.46 billion BoP, current US$ | 240.02 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 Norway?
- Latin America & Caribbean, at 353.73 billion BoP, current US$ against 56.36 billion BoP, current US$ in Norway as of 2024.
- What is the difference in primary income payments between Latin America & Caribbean and Norway?
- 297.37 billion BoP, current US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Latin America & Caribbean and Norway?
- 47 years are reported by both, from 1978 to 2024.
- How do Latin America & Caribbean and Norway rank globally for primary income payments?
- Latin America & Caribbean ranks 20th and Norway ranks 23rd of 47 groups.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Primary income payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.