Secondary income, other sectors, payments in Low & middle income
Low & middle income: Secondary income, other sectors, payments was 90.51 billion BoP, current US$ in 2024. ▲ Rising
Secondary income, other sectors, payments in Low & middle income, 2001–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, secondary income, other sectors, payments in Low & middle income stood at 90.51 billion BoP, current US$.
The figure is down 5.7% on the previous year and up 36.5% over ten years.
Over the whole period, secondary income, other sectors, payments in Low & middle income peaked at 101.81 billion BoP, current US$ in 2017 and was at its lowest, 10.11 billion BoP, current US$, in 2001.
That places Low & middle income 14th out of 45 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Secondary income, other sectors, payments in Low & middle income, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2001 | 10.11 billion BoP, current US$ | — |
| 2002 | 14.59 billion BoP, current US$ | +44.3% |
| 2003 | 15.92 billion BoP, current US$ | +9.1% |
| 2004 | 19.92 billion BoP, current US$ | +25.1% |
| 2005 | 22.16 billion BoP, current US$ | +11.2% |
| 2006 | 26.17 billion BoP, current US$ | +18.1% |
| 2007 | 31.74 billion BoP, current US$ | +21.3% |
| 2008 | 40.07 billion BoP, current US$ | +26.2% |
| 2009 | 42.92 billion BoP, current US$ | +7.1% |
| 2010 | 48.56 billion BoP, current US$ | +13.1% |
| 2011 | 52.68 billion BoP, current US$ | +8.5% |
| 2012 | 57.54 billion BoP, current US$ | +9.2% |
| 2013 | 65.53 billion BoP, current US$ | +13.9% |
| 2014 | 66.31 billion BoP, current US$ | +1.2% |
| 2015 | 60.37 billion BoP, current US$ | -9.0% |
| 2016 | 59.04 billion BoP, current US$ | -2.2% |
| 2017 | 101.81 billion BoP, current US$ | +72.4% |
| 2018 | 96.99 billion BoP, current US$ | -4.7% |
| 2019 | 70.52 billion BoP, current US$ | -27.3% |
| 2020 | 62.31 billion BoP, current US$ | -11.6% |
| 2021 | 66.37 billion BoP, current US$ | +6.5% |
| 2022 | 81.37 billion BoP, current US$ | +22.6% |
| 2023 | 95.97 billion BoP, current US$ | +17.9% |
| 2024 | 90.51 billion BoP, current US$ | -5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.85 billion BoP, current US$ | 10.11 billion BoP, current US$ | 42.92 billion BoP, current US$ | 9 |
| 2010s | 67.94 billion BoP, current US$ | 48.56 billion BoP, current US$ | 101.81 billion BoP, current US$ | 10 |
| 2020s | 79.31 billion BoP, current US$ | 62.31 billion BoP, current US$ | 95.97 billion BoP, current US$ | 5 |
Countries ranked near Low & middle income
- 11 Belgium 27.50 billion BoP, current US$ compare
- 12 Italy 25.80 billion BoP, current US$ compare
- 13 Kuwait 16.83 billion BoP, current US$ compare
- 14 Netherlands 15.77 billion BoP, current US$ compare
- 15 Republic of Korea 15.69 billion BoP, current US$ compare
- 16 Russian Federation 14.98 billion BoP, current US$ compare
- 17 Canada 14.71 billion BoP, current US$ compare
More economy & growth data for Low & middle income
- Inflation, GDP deflator 4.3% (2025)
- Industry (including construction), value added 12.99 trillion constant 2015 US$ (2025)
- Trade in services 8.2% (2025)
- Industry (including construction), value added 32.3% (2025)
- Services, value added 23.90 trillion current US$ (2025)
- Services, value added 22.45 trillion constant 2015 US$ (2025)
- Services, value added 5.0% (2025)
- Services, value added 57.6% (2025)
- GDP per capita growth 3.5% (2025)
- GDP per capita 5,732 constant 2015 US$ (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Low & middle income?
- Secondary income, other sectors, payments in Low & middle income was 90.51 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 Low & middle income?
- The highest recorded value was 101.81 billion BoP, current US$ in 2017.
- What is the lowest secondary income, other sectors, payments recorded in Low & middle income?
- The lowest recorded value was 10.11 billion BoP, current US$ in 2001.
- How does Low & middle income rank for secondary income, other sectors, payments?
- Low & middle income ranks 14th out of 45 groups with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Low & middle income?
- Over the last ten years it is up 36.5%. The long-run trend across the full record is rising.
- Where does this Low & middle 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.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.