Primary income payments in High income
High income: Primary income payments was 6.66 trillion BoP, current US$ in 2024. ▲ Rising
Primary income payments in High income, 2001–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, primary income payments in High income stood at 6.66 trillion BoP, current US$. That is the highest value across all 24 years on record.
That represents a change of up 7.8% on the previous year and up 89.8% over ten years.
Over the whole period, primary income payments in High income peaked at 6.66 trillion BoP, current US$ in 2024 and was at its lowest, 1.18 trillion BoP, current US$, in 2001.
High income ranks 2nd of 45 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Primary income payments in High income, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2001 | 1.18 trillion BoP, current US$ | — |
| 2002 | 1.20 trillion BoP, current US$ | +2.2% |
| 2003 | 1.40 trillion BoP, current US$ | +16.0% |
| 2004 | 1.79 trillion BoP, current US$ | +27.9% |
| 2005 | 2.38 trillion BoP, current US$ | +33.3% |
| 2006 | 3.07 trillion BoP, current US$ | +28.8% |
| 2007 | 4.04 trillion BoP, current US$ | +31.6% |
| 2008 | 4.01 trillion BoP, current US$ | -0.7% |
| 2009 | 2.87 trillion BoP, current US$ | -28.4% |
| 2010 | 3.03 trillion BoP, current US$ | +5.7% |
| 2011 | 3.45 trillion BoP, current US$ | +13.7% |
| 2012 | 3.30 trillion BoP, current US$ | -4.4% |
| 2013 | 3.37 trillion BoP, current US$ | +2.3% |
| 2014 | 3.51 trillion BoP, current US$ | +4.1% |
| 2015 | 3.25 trillion BoP, current US$ | -7.5% |
| 2016 | 3.29 trillion BoP, current US$ | +1.3% |
| 2017 | 3.66 trillion BoP, current US$ | +11.3% |
| 2018 | 4.18 trillion BoP, current US$ | +14.1% |
| 2019 | 4.17 trillion BoP, current US$ | -0.4% |
| 2020 | 3.52 trillion BoP, current US$ | -15.4% |
| 2021 | 4.32 trillion BoP, current US$ | +22.5% |
| 2022 | 4.92 trillion BoP, current US$ | +14.1% |
| 2023 | 6.18 trillion BoP, current US$ | +25.5% |
| 2024 | 6.66 trillion BoP, current US$ | +7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.44 trillion BoP, current US$ | 1.18 trillion BoP, current US$ | 4.04 trillion BoP, current US$ | 9 |
| 2010s | 3.52 trillion BoP, current US$ | 3.03 trillion BoP, current US$ | 4.18 trillion BoP, current US$ | 10 |
| 2020s | 5.12 trillion BoP, current US$ | 3.52 trillion BoP, current US$ | 6.66 trillion BoP, current US$ | 5 |
Countries ranked near High income
- 1 United States of America 1.52 trillion BoP, current US$ compare
- 2 United Kingdom of Great Britain and Northern Ireland 576.88 billion BoP, current US$ compare
- 3 China 452.23 billion BoP, current US$ compare
- 4 Ireland 451.23 billion BoP, current US$ compare
- 5 Netherlands 433.43 billion BoP, current US$ compare
More economy & growth data for High income
- Final consumption expenditure 2.3% (2024)
- Manufacturing, value added 8.09 trillion constant 2015 US$ (2024)
- Households and NPISHs final consumption expenditure 58.6% (2024)
- Final consumption expenditure 54.90 trillion current US$ (2024)
- Final consumption expenditure 45.91 trillion constant 2015 US$ (2024)
- Gross national expenditure 59.50 trillion constant 2015 US$ (2024)
- Exports of goods and services 19.91 trillion constant 2015 US$ (2025)
- Exports of goods and services 24.41 trillion current US$ (2025)
- Manufacturing, value added 12.0% (2024)
- Gross national expenditure 71.25 trillion current US$ (2024)
Frequently asked questions
- What is primary income payments in High income?
- Primary income payments in High income was 6.66 trillion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in High income?
- The highest recorded value was 6.66 trillion BoP, current US$ in 2024.
- What is the lowest primary income payments recorded in High income?
- The lowest recorded value was 1.18 trillion BoP, current US$ in 2001.
- How does High income rank for primary income payments?
- High income ranks 2nd out of 45 groups with data for 2024.
- Is primary income payments rising or falling in High income?
- Over the last ten years it is up 89.8%. The long-run trend across the full record is rising.
- Where does this High income data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.