Imports of goods, services and primary income in Low income
Low income: Imports of goods, services and primary income was 224.73 billion BoP, current US$ in 2024. ▲ Rising
Imports of goods, services and primary income in Low income, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Low income recorded 224.73 billion BoP, current US$ for imports of goods, services and primary income in 2024. That is the highest value across all 20 years on record.
The figure is up 6.8% on the previous year and up 45.2% over ten years.
Over the whole period, imports of goods, services and primary income in Low income peaked at 224.73 billion BoP, current US$ in 2024 and was at its lowest, 58.33 billion BoP, current US$, in 2005.
That places Low income 45th out of 47 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Imports of goods, services and primary income in Low income, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 58.33 billion BoP, current US$ | — |
| 2006 | 69.53 billion BoP, current US$ | +19.2% |
| 2007 | 84.21 billion BoP, current US$ | +21.1% |
| 2008 | 107.38 billion BoP, current US$ | +27.5% |
| 2009 | 96.28 billion BoP, current US$ | -10.3% |
| 2010 | 112.50 billion BoP, current US$ | +16.9% |
| 2011 | 129.52 billion BoP, current US$ | +15.1% |
| 2012 | 140.58 billion BoP, current US$ | +8.5% |
| 2013 | 151.22 billion BoP, current US$ | +7.6% |
| 2014 | 154.81 billion BoP, current US$ | +2.4% |
| 2015 | 135.63 billion BoP, current US$ | -12.4% |
| 2016 | 127.95 billion BoP, current US$ | -5.7% |
| 2017 | 134.88 billion BoP, current US$ | +5.4% |
| 2018 | 153.22 billion BoP, current US$ | +13.6% |
| 2019 | 153.26 billion BoP, current US$ | +0.0% |
| 2020 | 145.07 billion BoP, current US$ | -5.3% |
| 2021 | 173.35 billion BoP, current US$ | +19.5% |
| 2022 | 213.82 billion BoP, current US$ | +23.3% |
| 2023 | 210.46 billion BoP, current US$ | -1.6% |
| 2024 | 224.73 billion BoP, current US$ | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 83.15 billion BoP, current US$ | 58.33 billion BoP, current US$ | 107.38 billion BoP, current US$ | 5 |
| 2010s | 139.36 billion BoP, current US$ | 112.50 billion BoP, current US$ | 154.81 billion BoP, current US$ | 10 |
| 2020s | 193.49 billion BoP, current US$ | 145.07 billion BoP, current US$ | 224.73 billion BoP, current US$ | 5 |
Countries ranked near Low income
- 42 Greece 141.09 billion BoP, current US$ compare
- 43 Slovakia 141.08 billion BoP, current US$ compare
- 44 Chile 140.70 billion BoP, current US$ compare
- 45 Egypt 134.53 billion BoP, current US$ compare
- 46 Argentina 121.37 billion BoP, current US$ compare
- 47 Colombia 108.23 billion BoP, current US$ compare
- 48 Iraq 107.81 billion BoP, current US$ compare
More economy & growth data for Low income
- General government final consumption expenditure (current US$) 11.74 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 665.53 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.7948 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 3.09 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 76.83 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0918 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 4.91 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 101.2 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1209 current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods, services and primary income in Low income?
- Imports of goods, services and primary income in Low income was 224.73 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods, services and primary income recorded in Low income?
- The highest recorded value was 224.73 billion BoP, current US$ in 2024.
- What is the lowest imports of goods, services and primary income recorded in Low income?
- The lowest recorded value was 58.33 billion BoP, current US$ in 2005.
- How does Low income rank for imports of goods, services and primary income?
- Low income ranks 45th out of 47 groups with data for 2024.
- Is imports of goods, services and primary income rising or falling in Low income?
- Over the last ten years it is up 45.2%. The long-run trend across the full record is rising.
- Where does this Low income data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods, services and primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.