Primary income payments in Low & middle income
Low & middle income: Primary income payments was 1.24 trillion BoP, current US$ in 2024. ◆ Volatile
Primary income payments in Low & middle income, 1984–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, primary income payments in Low & middle income stood at 1.24 trillion BoP, current US$. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 5.7% on the previous year and up 73.5% over ten years.
Over the whole period, primary income payments in Low & middle income peaked at 1.24 trillion BoP, current US$ in 2024 and was at its lowest, 66.17 billion BoP, current US$, in 1986.
Low & middle income ranks 11th of 45 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments in Low & middle income, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1984 | 71.32 billion BoP, current US$ | — |
| 1985 | 69.91 billion BoP, current US$ | -2.0% |
| 1986 | 66.17 billion BoP, current US$ | -5.3% |
| 1987 | 69.79 billion BoP, current US$ | +5.5% |
| 1988 | 77.85 billion BoP, current US$ | +11.5% |
| 1989 | 85.73 billion BoP, current US$ | +10.1% |
| 1990 | 89.67 billion BoP, current US$ | +4.6% |
| 1991 | 89.81 billion BoP, current US$ | +0.2% |
| 1992 | 88.93 billion BoP, current US$ | -1.0% |
| 1993 | 93.01 billion BoP, current US$ | +4.6% |
| 1994 | 99.91 billion BoP, current US$ | +7.4% |
| 1995 | 124.84 billion BoP, current US$ | +25.0% |
| 1996 | 135.50 billion BoP, current US$ | +8.5% |
| 1997 | 140.29 billion BoP, current US$ | +3.5% |
| 1998 | 149.33 billion BoP, current US$ | +6.4% |
| 1999 | 154.03 billion BoP, current US$ | +3.1% |
| 2000 | 175.09 billion BoP, current US$ | +13.7% |
| 2001 | 172.94 billion BoP, current US$ | -1.2% |
| 2002 | 159.57 billion BoP, current US$ | -7.7% |
| 2003 | 175.50 billion BoP, current US$ | +10.0% |
| 2004 | 195.64 billion BoP, current US$ | +11.5% |
| 2005 | 280.80 billion BoP, current US$ | +43.5% |
| 2006 | 331.39 billion BoP, current US$ | +18.0% |
| 2007 | 412.00 billion BoP, current US$ | +24.3% |
| 2008 | 463.62 billion BoP, current US$ | +12.5% |
| 2009 | 435.22 billion BoP, current US$ | -6.1% |
| 2010 | 591.55 billion BoP, current US$ | +35.9% |
| 2011 | 693.80 billion BoP, current US$ | +17.3% |
| 2012 | 677.70 billion BoP, current US$ | -2.3% |
| 2013 | 764.67 billion BoP, current US$ | +12.8% |
| 2014 | 712.17 billion BoP, current US$ | -6.9% |
| 2015 | 688.10 billion BoP, current US$ | -3.4% |
| 2016 | 716.36 billion BoP, current US$ | +4.1% |
| 2017 | 806.26 billion BoP, current US$ | +12.6% |
| 2018 | 894.17 billion BoP, current US$ | +10.9% |
| 2019 | 897.43 billion BoP, current US$ | +0.4% |
| 2020 | 825.91 billion BoP, current US$ | -8.0% |
| 2021 | 1.05 trillion BoP, current US$ | +27.1% |
| 2022 | 1.09 trillion BoP, current US$ | +3.5% |
| 2023 | 1.17 trillion BoP, current US$ | +7.6% |
| 2024 | 1.24 trillion BoP, current US$ | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 73.46 billion BoP, current US$ | 66.17 billion BoP, current US$ | 85.73 billion BoP, current US$ | 6 |
| 1990s | 116.53 billion BoP, current US$ | 88.93 billion BoP, current US$ | 154.03 billion BoP, current US$ | 10 |
| 2000s | 280.18 billion BoP, current US$ | 159.57 billion BoP, current US$ | 463.62 billion BoP, current US$ | 10 |
| 2010s | 744.22 billion BoP, current US$ | 591.55 billion BoP, current US$ | 897.43 billion BoP, current US$ | 10 |
| 2020s | 1.07 trillion BoP, current US$ | 825.91 billion BoP, current US$ | 1.24 trillion BoP, current US$ | 5 |
Countries ranked near Low & middle income
- 8 Singapore 321.53 billion BoP, current US$ compare
- 9 Germany 284.85 billion BoP, current US$ compare
- 10 Switzerland 256.00 billion BoP, current US$ compare
- 11 Hong Kong 245.64 billion BoP, current US$ compare
- 12 Canada 196.42 billion BoP, current US$ compare
- 13 Japan 176.57 billion BoP, current US$ compare
- 14 Italy 144.66 billion BoP, current US$ compare
More economy & growth data for Low & middle income
- Final consumption expenditure 26.18 trillion constant 2015 US$ (2025)
- Households and NPISHs Final consumption expenditure per capita growth 3.6% (2024)
- Services, value added 5.0% (2025)
- Services, value added 22.45 trillion constant 2015 US$ (2025)
- Households and NPISHs final consumption expenditure 52.9% (2024)
- Final consumption expenditure 26.76 trillion current US$ (2024)
- Gross national expenditure 39.85 trillion current US$ (2024)
- Exports of goods and services 10.48 trillion current US$ (2025)
- Gross national expenditure 38.54 trillion constant 2015 US$ (2025)
- Households and NPISHs Final consumption expenditure per capita 2,984 constant 2015 US$ (2024)
Frequently asked questions
- What is primary income payments in Low & middle income?
- Primary income payments in Low & middle income was 1.24 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 Low & middle income?
- The highest recorded value was 1.24 trillion BoP, current US$ in 2024.
- What is the lowest primary income payments recorded in Low & middle income?
- The lowest recorded value was 66.17 billion BoP, current US$ in 1986.
- How does Low & middle income rank for primary income payments?
- Low & middle income ranks 11th out of 45 groups with data for 2024.
- Is primary income payments rising or falling in Low & middle income?
- Over the last ten years it is up 73.5%. The long-run trend across the full record is volatile.
- Where does this Low & middle 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.