Latin America & Caribbean vs Marshall Islands: Secondary income receipts (BoP, current US$), annual growth rate

Latin America & Caribbean
3.84 % change on previous year
in 2024
Marshall Islands
23.85 % change on previous year
in 2024
Latin America & Caribbean rank
21st
Marshall Islands rank
21st

Secondary income receipts (BoP, current US$), annual growth rate over time

  • Latin America & Caribbean
  • Marshall Islands
-200204060197920012024

How they compare

Marshall Islands currently reports 23.85 % change on previous year against 3.84 % change on previous year in Latin America & Caribbean, a difference of 20.01 % change on previous year.

That makes Marshall Islands's figure about 6.2 times Latin America & Caribbean's.

The two have swapped places 11 times across 19 shared years of data; in 2006 it was Latin America & Caribbean ahead.

Latin America & Caribbean ranks 21st and Marshall Islands ranks 21st of 47 groups.

Across the 3 decades both report, Latin America & Caribbean averaged higher in 2 and Marshall Islands in 1.

Head to head by decade

Decade Latin America & Caribbean Marshall Islands Difference Ahead
2000s 5.04 % change on previous year 1.64 % change on previous year 3.4 % change on previous year Latin America & Caribbean
2010s 5.71 % change on previous year 1.52 % change on previous year 4.2 % change on previous year Latin America & Caribbean
2020s 11.55 % change on previous year 14.25 % change on previous year 2.7 % change on previous year Marshall Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher secondary income receipts (bop, current us$), annual growth rate, Latin America & Caribbean or Marshall Islands?
Marshall Islands, at 23.85 % change on previous year against 3.84 % change on previous year in Latin America & Caribbean as of 2024.
What is the difference in secondary income receipts (bop, current us$), annual growth rate between Latin America & Caribbean and Marshall Islands?
20.01 % change on previous year, with Marshall Islands ahead.
How many years of comparable data are there for Latin America & Caribbean and Marshall Islands?
19 years are reported by both, from 2006 to 2024.
How do Latin America & Caribbean and Marshall Islands rank globally for secondary income receipts (bop, current us$), annual growth rate?
Latin America & Caribbean ranks 21st and Marshall Islands ranks 21st of 47 groups.
Where does this data come from?
Statizoid (derived), published as Secondary income receipts (BoP, current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean vs Marshall Islands: Secondary income receipts (BoP, current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 20 September 2026, from https://economy.statizoid.com/compare/secondary-income-receipts-bop-current-us-annual-growth-rate/latin-america-and-caribbean/marshall-islands/

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About this data

Indicator
Secondary income receipts (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
245 places, 8,905 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Secondary income receipts (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.