Latin America & Caribbean vs Norway: Secondary income, other sectors, payments
Secondary income, other sectors, payments over time
- Latin America & Caribbean
- Norway
How they compare
Latin America & Caribbean currently reports 34.26 billion BoP, current US$ against 11.02 billion BoP, current US$ in Norway, a difference of 23.24 billion BoP, current US$.
That makes Latin America & Caribbean's figure about 3.1 times Norway's.
The two have swapped places 4 times across 24 shared years of data; in 1998 it was Latin America & Caribbean ahead.
Latin America & Caribbean ranks 19th and Norway ranks 20th of 47 groups.
Across the 4 decades both report, Latin America & Caribbean averaged higher in 3 and Norway in 1.
Head to head by decade
| Decade | Latin America & Caribbean | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.98 billion BoP, current US$ | 2.01 billion BoP, current US$ | 28.02 million BoP, current US$ | Norway |
| 2000s | 4.83 billion BoP, current US$ | 2.94 billion BoP, current US$ | 1.89 billion BoP, current US$ | Latin America & Caribbean |
| 2010s | 15.55 billion BoP, current US$ | 5.75 billion BoP, current US$ | 9.79 billion BoP, current US$ | Latin America & Caribbean |
| 2020s | 27.49 billion BoP, current US$ | 8.79 billion BoP, current US$ | 18.70 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, Latin America & Caribbean or Norway?
- Latin America & Caribbean, at 34.26 billion BoP, current US$ against 11.02 billion BoP, current US$ in Norway as of 2024.
- What is the difference in secondary income, other sectors, payments between Latin America & Caribbean and Norway?
- 23.24 billion BoP, current US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Latin America & Caribbean and Norway?
- 24 years are reported by both, from 1998 to 2024.
- How do Latin America & Caribbean and Norway rank globally for secondary income, other sectors, payments?
- Latin America & Caribbean ranks 19th and Norway ranks 20th of 47 groups.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income, other sectors, payments (BoP, current US$). 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.