Primary income payments in Upper middle income
Upper middle income: Primary income payments was 1.02 trillion BoP, current US$ in 2024. β Volatile
Primary income payments in Upper middle income, 1987β2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Upper middle income recorded 1.02 trillion BoP, current US$ for primary income payments in 2024. That is the highest value across all 37 years on record.
The figure is up 5.0% on the previous year and up 74.7% over ten years.
Over the whole period, primary income payments in Upper middle income peaked at 1.02 trillion BoP, current US$ in 2024 and was at its lowest, 53.70 billion BoP, current US$, in 1987.
That places Upper middle income 14th out of 45 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 59.96 billion BoP, current US$ | 53.70 billion BoP, current US$ | 65.95 billion BoP, current US$ | 3 |
| 1990s | 96.35 billion BoP, current US$ | 66.80 billion BoP, current US$ | 129.31 billion BoP, current US$ | 9 |
| 2000s | 223.86 billion BoP, current US$ | 128.86 billion BoP, current US$ | 361.80 billion BoP, current US$ | 10 |
| 2010s | 620.37 billion BoP, current US$ | 484.37 billion BoP, current US$ | 757.31 billion BoP, current US$ | 10 |
| 2020s | 900.20 billion BoP, current US$ | 699.76 billion BoP, current US$ | 1.02 trillion BoP, current US$ | 5 |
Countries ranked near Upper middle income
- 11 Hong Kong (China) 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
- 15 Spain 139.25 billion BoP, current US$ compare
- 16 Australia 125.36 billion BoP, current US$ compare
- 17 Brazil 115.06 billion BoP, current US$ compare
More economy & growth data for Upper middle income
- General government final consumption expenditure 5.09 trillion current US$ (2024)
- Households and NPISHs Final consumption expenditure per capita growth 4.1% (2024)
- Households and NPISHs Final consumption expenditure per capita 4,884 constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure 4.5% (2024)
- Households and NPISHs Final consumption expenditure 14.99 trillion constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure 15.64 trillion current US$ (2024)
- Trade 48.9% (2025)
- Agriculture, forestry, and fishing, value added 2.16 trillion constant 2015 US$ (2025)
- General government final consumption expenditure 15.9% (2024)
- Industry (including construction), value added 10.57 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is primary income payments in Upper middle income?
- Primary income payments in Upper middle income was 1.02 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 Upper middle income?
- The highest recorded value was 1.02 trillion BoP, current US$ in 2024.
- What is the lowest primary income payments recorded in Upper middle income?
- The lowest recorded value was 53.70 billion BoP, current US$ in 1987.
- How does Upper middle income rank for primary income payments?
- Upper middle income ranks 14th out of 45 groups with data for 2024.
- Is primary income payments rising or falling in Upper middle income?
- Over the last ten years it is up 74.7%. The long-run trend across the full record is volatile.
- Where does this Upper 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.