Australia vs Latin America & Caribbean: Primary income receipts
Primary income receipts over time
- Australia
- Latin America & Caribbean
How they compare
Latin America & Caribbean currently reports 118.89 billion BoP, current US$ against 73.91 billion BoP, current US$ in Australia, a difference of 44.99 billion BoP, current US$.
That makes Latin America & Caribbean's figure about 1.6 times Australia's.
The two have swapped places 4 times across 36 shared years of data; in 1989 it was Latin America & Caribbean ahead.
Australia ranks 19th and Latin America & Caribbean ranks 21st of 199 countries.
Latin America & Caribbean has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 3.91 billion BoP, current US$ | 9.15 billion BoP, current US$ | 5.24 billion BoP, current US$ | Latin America & Caribbean |
| 1990s | 5.79 billion BoP, current US$ | 17.38 billion BoP, current US$ | 11.58 billion BoP, current US$ | Latin America & Caribbean |
| 2000s | 21.69 billion BoP, current US$ | 31.79 billion BoP, current US$ | 10.11 billion BoP, current US$ | Latin America & Caribbean |
| 2010s | 44.63 billion BoP, current US$ | 51.48 billion BoP, current US$ | 6.85 billion BoP, current US$ | Latin America & Caribbean |
| 2020s | 57.88 billion BoP, current US$ | 90.16 billion BoP, current US$ | 32.28 billion BoP, current US$ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher primary income receipts, Australia or Latin America & Caribbean?
- Latin America & Caribbean, at 118.89 billion BoP, current US$ against 73.91 billion BoP, current US$ in Australia as of 2024.
- What is the difference in primary income receipts between Australia and Latin America & Caribbean?
- 44.99 billion BoP, current US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Australia and Latin America & Caribbean?
- 36 years are reported by both, from 1989 to 2024.
- How do Australia and Latin America & Caribbean rank globally for primary income receipts?
- Australia ranks 19th and Latin America & Caribbean ranks 21st of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Primary income receipts (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). 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.