Primary income receipts in Pacific island small states
Pacific island small states: Primary income receipts was 721.66 million BoP, current US$ in 2023. ▲ Rising
Primary income receipts in Pacific island small states, 2005–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for primary income receipts in Pacific island small states is 721.66 million BoP, current US$, measured in 2023.
That represents a change of down 8.4% on the previous year and up 47.5% over ten years.
Over the whole period, primary income receipts in Pacific island small states peaked at 794.15 million BoP, current US$ in 2021 and was at its lowest, 196.22 million BoP, current US$, in 2005.
Pacific island small states ranks 45th of 45 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Primary income receipts in Pacific island small states, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 196.22 million BoP, current US$ | — |
| 2006 | 248.72 million BoP, current US$ | +26.8% |
| 2007 | 275.22 million BoP, current US$ | +10.7% |
| 2008 | 319.98 million BoP, current US$ | +16.3% |
| 2009 | 291.84 million BoP, current US$ | -8.8% |
| 2010 | 339.01 million BoP, current US$ | +16.2% |
| 2011 | 393.18 million BoP, current US$ | +16.0% |
| 2012 | 415.71 million BoP, current US$ | +5.7% |
| 2013 | 489.40 million BoP, current US$ | +17.7% |
| 2014 | 548.27 million BoP, current US$ | +12.0% |
| 2015 | 526.53 million BoP, current US$ | -4.0% |
| 2016 | 518.85 million BoP, current US$ | -1.5% |
| 2017 | 614.41 million BoP, current US$ | +18.4% |
| 2018 | 661.78 million BoP, current US$ | +7.7% |
| 2019 | 728.50 million BoP, current US$ | +10.1% |
| 2020 | 697.13 million BoP, current US$ | -4.3% |
| 2021 | 794.15 million BoP, current US$ | +13.9% |
| 2022 | 788.18 million BoP, current US$ | -0.8% |
| 2023 | 721.66 million BoP, current US$ | -8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 266.39 million BoP, current US$ | 196.22 million BoP, current US$ | 319.98 million BoP, current US$ | 5 |
| 2010s | 523.57 million BoP, current US$ | 339.01 million BoP, current US$ | 728.50 million BoP, current US$ | 10 |
| 2020s | 750.28 million BoP, current US$ | 697.13 million BoP, current US$ | 794.15 million BoP, current US$ | 4 |
Countries ranked near Pacific island small states
- 42 Mauritius 12.98 billion BoP, current US$ compare
- 43 Chile 12.88 billion BoP, current US$ compare
- 44 Greece 12.21 billion BoP, current US$ compare
- 45 South Africa 12.19 billion BoP, current US$ compare
- 46 New Zealand 10.77 billion BoP, current US$ compare
- 47 Romania 10.31 billion BoP, current US$ compare
- 48 Colombia 9.83 billion BoP, current US$ compare
More economy & growth data for Pacific island small states
- Gross fixed capital formation 22.5% (2024)
- Gross national expenditure 15.07 billion current US$ (2024)
- Exports of goods and services 5.11 billion current US$ (2024)
- Exports of goods and services 41.5% (2024)
- Gross fixed capital formation 2.78 billion current US$ (2024)
- Gross capital formation 23.2% (2024)
- Imports of goods and services 64.7% (2024)
- Imports of goods and services 7.97 billion current US$ (2024)
- Final consumption expenditure 12.21 billion current US$ (2024)
- Gross capital formation 2.86 billion current US$ (2024)
Frequently asked questions
- What is primary income receipts in Pacific island small states?
- Primary income receipts in Pacific island small states was 721.66 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income receipts recorded in Pacific island small states?
- The highest recorded value was 794.15 million BoP, current US$ in 2021.
- What is the lowest primary income receipts recorded in Pacific island small states?
- The lowest recorded value was 196.22 million BoP, current US$ in 2005.
- How does Pacific island small states rank for primary income receipts?
- Pacific island small states ranks 45th out of 45 groups with data for 2023.
- Is primary income receipts rising or falling in Pacific island small states?
- Over the last ten years it is up 47.5%. The long-run trend across the full record is rising.
- Where does this Pacific island small states 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 receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). 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.