Canada vs Latin America & Caribbean: Secondary income, other sectors, payments (BoP, current US$), gaps

Canada
14.71 billion BoP, current US$
in 2025
Latin America & Caribbean
34.26 billion BoP, current US$
in 2024
Canada rank
17th
Latin America & Caribbean rank
19th

Secondary income, other sectors, payments (BoP, current US$), gaps over time

  • Canada
  • Latin America & Caribbean
010.0B20.0B30.0B196119932025

How they compare

Latin America & Caribbean currently reports 34.26 billion BoP, current US$ against 14.71 billion BoP, current US$ in Canada, a difference of 19.54 billion BoP, current US$.

That makes Latin America & Caribbean's figure about 2.3 times Canada's.

The two have swapped places 4 times across 27 shared years of data; in 1998 it was Latin America & Caribbean ahead.

Canada ranks 17th and Latin America & Caribbean ranks 19th of 198 countries.

Latin America & Caribbean has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Canada Latin America & Caribbean Difference Ahead
1990s 1.94 billion BoP, current US$ 1.98 billion BoP, current US$ 42.71 million BoP, current US$ Latin America & Caribbean
2000s 4.41 billion BoP, current US$ 4.83 billion BoP, current US$ 427.74 million BoP, current US$ Latin America & Caribbean
2010s 8.29 billion BoP, current US$ 14.99 billion BoP, current US$ 6.70 billion BoP, current US$ Latin America & Caribbean
2020s 11.70 billion BoP, current US$ 27.49 billion BoP, current US$ 15.79 billion BoP, current US$ Latin America & Caribbean

Averages of every year both report within each decade.

Frequently asked questions

Which has higher secondary income, other sectors, payments (bop, current us$), gaps, Canada or Latin America & Caribbean?
Latin America & Caribbean, at 34.26 billion BoP, current US$ against 14.71 billion BoP, current US$ in Canada as of 2024.
What is the difference in secondary income, other sectors, payments (bop, current us$), gaps between Canada and Latin America & Caribbean?
19.54 billion BoP, current US$, with Latin America & Caribbean ahead.
How many years of comparable data are there for Canada and Latin America & Caribbean?
27 years are reported by both, from 1998 to 2024.
How do Canada and Latin America & Caribbean rank globally for secondary income, other sectors, payments (bop, current us$), gaps?
Canada ranks 17th and Latin America & Caribbean ranks 19th of 198 countries.
Where does this data come from?
Statizoid (derived), published as Secondary income, other sectors, payments (BoP, current US$), gaps filled. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Latin America & Caribbean: Secondary income, other sectors, payments (BoP, current US$), gaps. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/compare/secondary-income-other-sectors-payments-bop-current-us-gaps-filled/canada/latin-america-and-caribbean/

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About this data

Indicator
Secondary income, other sectors, payments (BoP, current US$), gaps filled
Unit
BoP, current US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
245 places, 8,738 data points, 1960–2025
Last refreshed

Secondary income, other sectors, payments (BoP, current US$) with 62 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.