Secondary income, other sectors, payments in Least developed countries
Least developed countries: Secondary income, other sectors, payments was 5.69 billion BoP, current US$ in 2024. ▲ Rising
Secondary income, other sectors, payments in Least developed countries, 1986–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in Least developed countries is 5.69 billion BoP, current US$, measured in 2024.
The figure is down 18.9% on the previous year and down 37.5% over ten years.
Over the whole period, secondary income, other sectors, payments in Least developed countries peaked at 9.12 billion BoP, current US$ in 2014 and was at its lowest, 502.00 million BoP, current US$, in 1987.
That places Least developed countries 39th out of 45 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Secondary income, other sectors, payments in Least developed countries, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1986 | 508.68 million BoP, current US$ | — |
| 1987 | 502.00 million BoP, current US$ | -1.3% |
| 2003 | 1.50 billion BoP, current US$ | +199.6% |
| 2004 | 1.46 billion BoP, current US$ | -2.8% |
| 2005 | 2.07 billion BoP, current US$ | +41.5% |
| 2006 | 3.10 billion BoP, current US$ | +49.9% |
| 2007 | 4.40 billion BoP, current US$ | +41.9% |
| 2008 | 6.56 billion BoP, current US$ | +49.0% |
| 2009 | 5.54 billion BoP, current US$ | -15.5% |
| 2010 | 5.80 billion BoP, current US$ | +4.6% |
| 2011 | 6.90 billion BoP, current US$ | +19.0% |
| 2012 | 6.50 billion BoP, current US$ | -5.9% |
| 2013 | 7.28 billion BoP, current US$ | +12.0% |
| 2014 | 9.12 billion BoP, current US$ | +25.2% |
| 2015 | 6.54 billion BoP, current US$ | -28.3% |
| 2016 | 5.80 billion BoP, current US$ | -11.2% |
| 2017 | 5.52 billion BoP, current US$ | -5.0% |
| 2018 | 6.28 billion BoP, current US$ | +13.8% |
| 2019 | 5.87 billion BoP, current US$ | -6.4% |
| 2020 | 5.23 billion BoP, current US$ | -11.1% |
| 2021 | 5.78 billion BoP, current US$ | +10.6% |
| 2022 | 7.89 billion BoP, current US$ | +36.6% |
| 2023 | 7.02 billion BoP, current US$ | -11.1% |
| 2024 | 5.69 billion BoP, current US$ | -18.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 505.34 million BoP, current US$ | 502.00 million BoP, current US$ | 508.68 million BoP, current US$ | 2 |
| 2000s | 3.52 billion BoP, current US$ | 1.46 billion BoP, current US$ | 6.56 billion BoP, current US$ | 7 |
| 2010s | 6.56 billion BoP, current US$ | 5.52 billion BoP, current US$ | 9.12 billion BoP, current US$ | 10 |
| 2020s | 6.32 billion BoP, current US$ | 5.23 billion BoP, current US$ | 7.89 billion BoP, current US$ | 5 |
Countries ranked near Least developed countries
- 36 Czechia 4.97 billion BoP, current US$ compare
- 37 Libya 4.80 billion BoP, current US$ compare
- 38 Chile 4.74 billion BoP, current US$ compare
- 39 Macao 4.02 billion BoP, current US$ compare
- 40 Denmark 3.77 billion BoP, current US$ compare
- 41 Turkey 3.03 billion BoP, current US$ compare
- 42 Hungary 2.87 billion BoP, current US$ compare
More economy & growth data for Least developed countries
- Gross fixed capital formation 415.20 billion current US$ (2025)
- Exports of goods and services 358.16 billion current US$ (2025)
- Exports of goods and services 283.67 billion constant 2015 US$ (2025)
- Exports of goods and services 11.2% (2025)
- Exports of goods and services 21.7% (2025)
- Gross value added at basic prices (GVA) 1.29 trillion constant 2015 US$ (2025)
- Gross fixed capital formation 25.1% (2025)
- Gross capital formation 407.90 billion constant 2015 US$ (2025)
- Gross capital formation 420.55 billion current US$ (2025)
- Gross national expenditure 1.62 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Least developed countries?
- Secondary income, other sectors, payments in Least developed countries was 5.69 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 Least developed countries?
- The highest recorded value was 9.12 billion BoP, current US$ in 2014.
- What is the lowest secondary income, other sectors, payments recorded in Least developed countries?
- The lowest recorded value was 502.00 million BoP, current US$ in 1987.
- How does Least developed countries rank for secondary income, other sectors, payments?
- Least developed countries ranks 39th out of 45 groups with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Least developed countries?
- Over the last ten years it is down 37.5%. The long-run trend across the full record is rising.
- Where does this Least developed countries 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.