Economic Outlook No 117 — Balance of primary income as a percent of GDP by country
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the...
What the numbers show
Economic Outlook No 117 — Balance of primary income as a percent of GDP is currently reported for 44 countries. The highest value is 6.59 in Japan; the lowest is -29.93 in Luxembourg.
The median across all reporting countries is -1.18, and the mean is -2.21.
Over the past decade 24 countries rose and 20 fell. The largest increase was in Sweden (up 2,034.7%), and the largest decrease in Israel (down 2,238.8%).
Economic Outlook No 117 — Balance of primary income as a percent of: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Japan | 6.59 | 2026 | up 88.1% | volatile |
| 1 | Lithuania | 0.0315 | 2026 | up 100.9% | volatile |
| 2 | Norway | 4.69 | 2026 | up 9.1% | volatile |
| 2 | Croatia | 1.35 | 2026 | up 174.2% | volatile |
| 2 | Türkiye | -1.11 | 2026 | down 5.3% | falling |
| 3 | Sweden | 4.23 | 2026 | up 2,034.7% | volatile |
| 4 | Germany | 2.99 | 2026 | up 5.2% | volatile |
| 4 | Slovenia | -1.25 | 2026 | up 46.8% | volatile |
| 5 | Denmark | 2.79 | 2026 | up 11.2% | volatile |
| 5 | Netherlands | -1.3 | 2026 | up 56.1% | volatile |
| 6 | France | 1.99 | 2026 | down 4.5% | volatile |
| 6 | Latvia | -1.59 | 2026 | down 1,044.8% | volatile |
| 7 | Belgium | 1.23 | 2026 | up 29.0% | flat |
| 7 | Estonia | -1.89 | 2026 | up 10.8% | volatile |
| 8 | United States | 0.1564 | 2026 | down 85.0% | volatile |
| 8 | Poland | -3.05 | 2026 | up 22.4% | volatile |
| 9 | Austria | 0.1477 | 2026 | up 438.7% | volatile |
| 10 | Italy | 0.0647 | 2026 | down 75.3% | volatile |
| 11 | Spain | -0.0543 | 2026 | down 133.7% | volatile |
| 12 | Iceland | -0.0641 | 2026 | down 103.3% | volatile |
| 13 | Finland | -0.1157 | 2026 | down 124.5% | volatile |
| 14 | Canada | -0.1221 | 2026 | up 80.5% | volatile |
| 15 | China | -0.3022 | 2026 | up 37.8% | volatile |
| 16 | Greece | -0.6509 | 2026 | down 49.1% | volatile |
| 17 | Argentina | -0.7834 | 2026 | up 64.3% | rising |
| 18 | United Kingdom | -0.9246 | 2026 | up 60.6% | volatile |
| 19 | Israel | -1.01 | 2026 | down 2,238.8% | volatile |
| 20 | India | -1.35 | 2026 | down 10.6% | falling |
| 21 | Portugal | -1.98 | 2026 | up 5.6% | volatile |
| 22 | Hungary | -2.12 | 2026 | up 12.4% | rising |
| 23 | Switzerland | -2.28 | 2026 | down 465.3% | volatile |
| 24 | Romania | -2.3 | 2026 | down 71.6% | volatile |
| 25 | Indonesia | -2.46 | 2026 | up 22.6% | rising |
| 26 | Mexico | -2.5 | 2026 | up 7.9% | rising |
| 27 | Australia | -3.01 | 2026 | down 26.4% | falling |
| 28 | Colombia | -3.14 | 2026 | down 68.0% | falling |
| 29 | New Zealand | -3.8 | 2026 | down 28.5% | falling |
| 30 | Czechia | -4.15 | 2026 | up 20.7% | falling |
| 31 | Bulgaria | -4.52 | 2026 | up 10.5% | falling |
| 32 | Chile | -4.93 | 2026 | down 77.0% | falling |
| 33 | Peru | -5.67 | 2026 | down 22.3% | falling |
| 34 | Costa Rica | -8.94 | 2026 | down 115.8% | falling |
| 35 | Ireland | -26.08 | 2026 | down 40.8% | volatile |
| 36 | Luxembourg | -29.93 | 2026 | up 21.3% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Korea 1.99
- Other major oil producers -1.13
- Dynamic Asian economies -1.24
- Slovak Republic -2.02
- Rest of the world -3.11
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP