Canada vs Low & middle income: Secondary income, other sectors, payments
Secondary income, other sectors, payments over time
- Canada
- Low & middle income
How they compare
Low & middle income currently reports 90.51 billion BoP, current US$ against 14.71 billion BoP, current US$ in Canada, a difference of 75.80 billion BoP, current US$.
That makes Low & middle income's figure about 6.2 times Canada's.
Across all 24 years both countries report, Low & middle income has been ahead every year.
Canada ranks 17th and Low & middle income ranks 16th of 198 countries.
Low & middle income has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Canada | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.68 billion BoP, current US$ | 24.85 billion BoP, current US$ | 20.17 billion BoP, current US$ | Low & middle income |
| 2010s | 8.29 billion BoP, current US$ | 67.94 billion BoP, current US$ | 59.65 billion BoP, current US$ | Low & middle income |
| 2020s | 11.70 billion BoP, current US$ | 79.31 billion BoP, current US$ | 67.61 billion BoP, current US$ | Low & middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher secondary income, other sectors, payments, Canada or Low & middle income?
- Low & middle income, at 90.51 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 between Canada and Low & middle income?
- 75.80 billion BoP, current US$, with Low & middle income ahead.
- How many years of comparable data are there for Canada and Low & middle income?
- 24 years are reported by both, from 2001 to 2024.
- How do Canada and Low & middle income rank globally for secondary income, other sectors, payments?
- Canada ranks 17th and Low & middle income ranks 16th of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income, other sectors, payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.