Secondary income, other sectors, payments in Arab World
Arab World: Secondary income, other sectors, payments was 152.48 billion BoP, current US$ in 2024. ▲ Rising
Secondary income, other sectors, payments in Arab World, 2004–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, secondary income, other sectors, payments in Arab World stood at 152.48 billion BoP, current US$. That is the highest value across all 21 years on record.
The figure is up 4.4% on the previous year and up 57.7% over ten years.
Over the whole period, secondary income, other sectors, payments in Arab World peaked at 152.48 billion BoP, current US$ in 2024 and was at its lowest, 24.67 billion BoP, current US$, in 2004.
Arab World ranks 9th of 45 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Secondary income, other sectors, payments in Arab World, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2004 | 24.67 billion BoP, current US$ | — |
| 2005 | 26.29 billion BoP, current US$ | +6.5% |
| 2006 | 30.53 billion BoP, current US$ | +16.1% |
| 2007 | 38.18 billion BoP, current US$ | +25.1% |
| 2008 | 48.52 billion BoP, current US$ | +27.1% |
| 2009 | 54.23 billion BoP, current US$ | +11.8% |
| 2010 | 56.10 billion BoP, current US$ | +3.5% |
| 2011 | 73.17 billion BoP, current US$ | +30.4% |
| 2012 | 81.76 billion BoP, current US$ | +11.8% |
| 2013 | 91.78 billion BoP, current US$ | +12.2% |
| 2014 | 96.67 billion BoP, current US$ | +5.3% |
| 2015 | 92.12 billion BoP, current US$ | -4.7% |
| 2016 | 91.52 billion BoP, current US$ | -0.6% |
| 2017 | 88.72 billion BoP, current US$ | -3.1% |
| 2018 | 88.12 billion BoP, current US$ | -0.7% |
| 2019 | 88.97 billion BoP, current US$ | +1.0% |
| 2020 | 82.91 billion BoP, current US$ | -6.8% |
| 2021 | 91.34 billion BoP, current US$ | +10.2% |
| 2022 | 97.47 billion BoP, current US$ | +6.7% |
| 2023 | 145.99 billion BoP, current US$ | +49.8% |
| 2024 | 152.48 billion BoP, current US$ | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.07 billion BoP, current US$ | 24.67 billion BoP, current US$ | 54.23 billion BoP, current US$ | 6 |
| 2010s | 84.89 billion BoP, current US$ | 56.10 billion BoP, current US$ | 96.67 billion BoP, current US$ | 10 |
| 2020s | 114.04 billion BoP, current US$ | 82.91 billion BoP, current US$ | 152.48 billion BoP, current US$ | 5 |
Countries ranked near Arab World
- 6 Saudi Arabia 61.57 billion BoP, current US$ compare
- 7 Singapore 47.01 billion BoP, current US$ compare
- 8 United Kingdom of Great Britain and Northern Ireland 46.70 billion BoP, current US$ compare
- 9 Spain 31.85 billion BoP, current US$ compare
- 10 China 30.17 billion BoP, current US$ compare
- 11 Belgium 27.50 billion BoP, current US$ compare
- 12 Italy 25.80 billion BoP, current US$ compare
More economy & growth data for Arab World
- Services, value added 1.86 trillion constant 2015 US$ (2025)
- Manufacturing, value added 12.0% (2025)
- Industry (including construction), value added 1.55 trillion current US$ (2025)
- Industry (including construction), value added 1.17 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 2.7% (2025)
- Trade in services 18.6% (2025)
- Services, value added 1.90 trillion current US$ (2025)
- Inflation, GDP deflator 2.7% (2025)
- Gross value added at basic prices (GVA) 3.16 trillion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) 3.65 trillion current US$ (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Arab World?
- Secondary income, other sectors, payments in Arab World was 152.48 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Arab World?
- The highest recorded value was 152.48 billion BoP, current US$ in 2024.
- What is the lowest secondary income, other sectors, payments recorded in Arab World?
- The lowest recorded value was 24.67 billion BoP, current US$ in 2004.
- How does Arab World rank for secondary income, other sectors, payments?
- Arab World ranks 9th out of 45 groups with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Arab World?
- Over the last ten years it is up 57.7%. The long-run trend across the full record is rising.
- Where does this Arab World data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.