Secondary income, other sectors, payments in High income
High income: Secondary income, other sectors, payments was 1.17 trillion BoP, current US$ in 2024. ▲ Rising
Secondary income, other sectors, payments in High income, 2002–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in High income is 1.17 trillion BoP, current US$, measured in 2024. That is the highest value across all 23 years on record.
The figure is up 9.2% on the previous year and up 65.9% over ten years.
Over the whole period, secondary income, other sectors, payments in High income peaked at 1.17 trillion BoP, current US$ in 2024 and was at its lowest, 282.63 billion BoP, current US$, in 2002.
That places High income 2nd out of 45 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Secondary income, other sectors, payments in High income, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2002 | 282.63 billion BoP, current US$ | — |
| 2003 | 331.72 billion BoP, current US$ | +17.4% |
| 2004 | 366.96 billion BoP, current US$ | +10.6% |
| 2005 | 416.70 billion BoP, current US$ | +13.6% |
| 2006 | 432.08 billion BoP, current US$ | +3.7% |
| 2007 | 501.06 billion BoP, current US$ | +16.0% |
| 2008 | 569.30 billion BoP, current US$ | +13.6% |
| 2009 | 529.81 billion BoP, current US$ | -6.9% |
| 2010 | 539.16 billion BoP, current US$ | +1.8% |
| 2011 | 610.78 billion BoP, current US$ | +13.3% |
| 2012 | 593.88 billion BoP, current US$ | -2.8% |
| 2013 | 653.08 billion BoP, current US$ | +10.0% |
| 2014 | 704.95 billion BoP, current US$ | +7.9% |
| 2015 | 669.46 billion BoP, current US$ | -5.0% |
| 2016 | 688.85 billion BoP, current US$ | +2.9% |
| 2017 | 751.96 billion BoP, current US$ | +9.2% |
| 2018 | 776.07 billion BoP, current US$ | +3.2% |
| 2019 | 805.01 billion BoP, current US$ | +3.7% |
| 2020 | 824.38 billion BoP, current US$ | +2.4% |
| 2021 | 895.33 billion BoP, current US$ | +8.6% |
| 2022 | 927.75 billion BoP, current US$ | +3.6% |
| 2023 | 1.07 trillion BoP, current US$ | +15.4% |
| 2024 | 1.17 trillion BoP, current US$ | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 428.78 billion BoP, current US$ | 282.63 billion BoP, current US$ | 569.30 billion BoP, current US$ | 8 |
| 2010s | 679.32 billion BoP, current US$ | 539.16 billion BoP, current US$ | 805.01 billion BoP, current US$ | 10 |
| 2020s | 977.54 billion BoP, current US$ | 824.38 billion BoP, current US$ | 1.17 trillion BoP, current US$ | 5 |
Countries ranked near High income
- 1 United States of America 349.14 billion BoP, current US$ compare
- 2 Germany 144.03 billion BoP, current US$ compare
- 3 France 73.45 billion BoP, current US$ compare
- 4 Japan 71.69 billion BoP, current US$ compare
- 5 Switzerland 69.26 billion BoP, current US$ compare
More economy & growth data for High income
- Industry (including construction), value added 21.3% (2024)
- Agriculture, forestry, and fishing, value added -0.3% (2024)
- Manufacturing, value added 8.66 trillion current US$ (2024)
- Manufacturing, value added 8.09 trillion constant 2015 US$ (2024)
- Manufacturing, value added 12.0% (2024)
- Trade in services 16.0% (2025)
- Industry (including construction), value added 12.75 trillion constant 2015 US$ (2024)
- Industry (including construction), value added -0.3% (2024)
- GDP 76.88 trillion current US$ (2025)
- Gross value added at basic prices (GVA) 58.99 trillion current US$ (2021)
Frequently asked questions
- What is secondary income, other sectors, payments in High income?
- Secondary income, other sectors, payments in High income was 1.17 trillion 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 High income?
- The highest recorded value was 1.17 trillion BoP, current US$ in 2024.
- What is the lowest secondary income, other sectors, payments recorded in High income?
- The lowest recorded value was 282.63 billion BoP, current US$ in 2002.
- How does High income rank for secondary income, other sectors, payments?
- High income ranks 2nd out of 45 groups with data for 2024.
- Is secondary income, other sectors, payments rising or falling in High income?
- Over the last ten years it is up 65.9%. The long-run trend across the full record is rising.
- Where does this High income 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.