Secondary income, other sectors, payments (BoP, current US$), per in Latin America & Caribbean
Latin America & Caribbean: Secondary income, other sectors, payments (BoP, current US$), per was 0.0048 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Secondary income, other sectors, payments (BoP, current US$), per in Latin America & Caribbean, 1998–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for secondary income, other sectors, payments (bop, current us$), per in Latin America & Caribbean is 0.0048 BoP, current US$ per US$ of GDP, measured in 2024.
That represents a change of down 4.4% on the previous year and up 124.6% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), per in Latin America & Caribbean peaked at 0.0051 BoP, current US$ per US$ of GDP in 2023 and was at its lowest, 0.0009 BoP, current US$ per US$ of GDP, in 1998.
Latin America & Caribbean ranks 30th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Secondary income, other sectors, payments (BoP, current US$), per in Latin America & Caribbean, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1998 | 0.0009 BoP, current US$ per US$ of GDP | — |
| 1999 | 0.0009 BoP, current US$ per US$ of GDP | +10.3% |
| 2000 | 0.0011 BoP, current US$ per US$ of GDP | +18.9% |
| 2001 | 0.0013 BoP, current US$ per US$ of GDP | +15.7% |
| 2002 | 0.0015 BoP, current US$ per US$ of GDP | +15.1% |
| 2003 | 0.0015 BoP, current US$ per US$ of GDP | -1.8% |
| 2004 | 0.0014 BoP, current US$ per US$ of GDP | -1.8% |
| 2005 | 0.0014 BoP, current US$ per US$ of GDP | -1.3% |
| 2006 | 0.0014 BoP, current US$ per US$ of GDP | -0.1% |
| 2007 | 0.0017 BoP, current US$ per US$ of GDP | +22.4% |
| 2008 | 0.0018 BoP, current US$ per US$ of GDP | +4.0% |
| 2009 | 0.0021 BoP, current US$ per US$ of GDP | +14.5% |
| 2010 | 0.0021 BoP, current US$ per US$ of GDP | -0.5% |
| 2011 | 0.002 BoP, current US$ per US$ of GDP | -1.4% |
| 2012 | 0.0021 BoP, current US$ per US$ of GDP | +2.7% |
| 2013 | 0.0024 BoP, current US$ per US$ of GDP | +13.7% |
| 2014 | 0.0022 BoP, current US$ per US$ of GDP | -9.0% |
| 2015 | 0.0025 BoP, current US$ per US$ of GDP | +16.2% |
| 2016 | 0.0028 BoP, current US$ per US$ of GDP | +10.6% |
| 2017 | 0.0032 BoP, current US$ per US$ of GDP | +14.7% |
| 2018 | 0.0036 BoP, current US$ per US$ of GDP | +14.5% |
| 2019 | 0.0036 BoP, current US$ per US$ of GDP | -2.0% |
| 2020 | 0.0039 BoP, current US$ per US$ of GDP | +9.9% |
| 2021 | 0.0047 BoP, current US$ per US$ of GDP | +19.3% |
| 2022 | 0.0041 BoP, current US$ per US$ of GDP | -12.8% |
| 2023 | 0.0051 BoP, current US$ per US$ of GDP | +24.2% |
| 2024 | 0.0048 BoP, current US$ per US$ of GDP | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0009 BoP, current US$ per US$ of GDP | 0.0009 BoP, current US$ per US$ of GDP | 0.0009 BoP, current US$ per US$ of GDP | 2 |
| 2000s | 0.0015 BoP, current US$ per US$ of GDP | 0.0011 BoP, current US$ per US$ of GDP | 0.0021 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0026 BoP, current US$ per US$ of GDP | 0.002 BoP, current US$ per US$ of GDP | 0.0036 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0045 BoP, current US$ per US$ of GDP | 0.0039 BoP, current US$ per US$ of GDP | 0.0051 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Latin America & Caribbean
- 27 Marshall Islands 0.0471 BoP, current US$ per US$ of GDP compare
- 28 Malta 0.0464 BoP, current US$ per US$ of GDP compare
- 29 Comoros 0.0457 BoP, current US$ per US$ of GDP compare
- 30 Saint Kitts and Nevis 0.0425 BoP, current US$ per US$ of GDP compare
- 31 Dominica 0.0422 BoP, current US$ per US$ of GDP compare
- 32 Tuvalu 0.0395 BoP, current US$ per US$ of GDP compare
- 33 Belgium 0.0379 BoP, current US$ per US$ of GDP compare
More economy & growth data for Latin America & Caribbean
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,782 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.15 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1354 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,502 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1607 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is secondary income, other sectors, payments (bop, current us$), per in Latin America & Caribbean?
- Secondary income, other sectors, payments (bop, current us$), per in Latin America & Caribbean was 0.0048 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), per recorded in Latin America & Caribbean?
- The highest recorded value was 0.0051 BoP, current US$ per US$ of GDP in 2023.
- What is the lowest secondary income, other sectors, payments (bop, current us$), per recorded in Latin America & Caribbean?
- The lowest recorded value was 0.0009 BoP, current US$ per US$ of GDP in 1998.
- How does Latin America & Caribbean rank for secondary income, other sectors, payments (bop, current us$), per?
- Latin America & Caribbean ranks 30th out of 47 groups with data for 2024.
- Is secondary income, other sectors, payments (bop, current us$), per rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 124.6%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean data come from?
- The figures come from Statizoid (derived), published as part of Secondary income, other sectors, payments (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Secondary income, other sectors, payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.