Singapore vs Upper middle income: Secondary income receipts
Secondary income receipts over time
- Singapore
- Upper middle income
How they compare
Upper middle income currently reports 383.48 billion BoP, current US$ against 36.38 billion BoP, current US$ in Singapore, a difference of 347.10 billion BoP, current US$.
That makes Upper middle income's figure about 10.5 times Singapore's.
Across all 35 years both countries report, Upper middle income has been ahead every year.
Singapore ranks 12th and Upper middle income ranks 11th of 198 countries.
Upper middle income has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Singapore | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 114.39 million BoP, current US$ | 17.26 billion BoP, current US$ | 17.15 billion BoP, current US$ | Upper middle income |
| 1990s | 686.11 million BoP, current US$ | 31.88 billion BoP, current US$ | 31.19 billion BoP, current US$ | Upper middle income |
| 2000s | 2.96 billion BoP, current US$ | 119.20 billion BoP, current US$ | 116.24 billion BoP, current US$ | Upper middle income |
| 2010s | 10.86 billion BoP, current US$ | 221.77 billion BoP, current US$ | 210.91 billion BoP, current US$ | Upper middle income |
| 2020s | 25.52 billion BoP, current US$ | 334.07 billion BoP, current US$ | 308.54 billion BoP, current US$ | Upper middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher secondary income receipts, Singapore or Upper middle income?
- Upper middle income, at 383.48 billion BoP, current US$ against 36.38 billion BoP, current US$ in Singapore as of 2024.
- What is the difference in secondary income receipts between Singapore and Upper middle income?
- 347.10 billion BoP, current US$, with Upper middle income ahead.
- How many years of comparable data are there for Singapore and Upper middle income?
- 35 years are reported by both, from 1989 to 2024.
- How do Singapore and Upper middle income rank globally for secondary income receipts?
- Singapore ranks 12th and Upper middle income ranks 11th of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income receipts (BoP, current US$). 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.