Secondary income, other sectors, payments in Low income
Low income: Secondary income, other sectors, payments was 4.36 billion BoP, current US$ in 2022. ▼ Falling
Secondary income, other sectors, payments in Low income, 2008–2022
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2022, secondary income, other sectors, payments in Low income stood at 4.36 billion BoP, current US$.
Compared with earlier readings it is up 57.9% on the previous year and up 53.1% over ten years.
Over the whole period, secondary income, other sectors, payments in Low income peaked at 5.35 billion BoP, current US$ in 2008 and was at its lowest, 2.31 billion BoP, current US$, in 2016.
That places Low income 43rd out of 45 groups with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Secondary income, other sectors, payments in Low income, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2008 | 5.35 billion BoP, current US$ | — |
| 2009 | 4.00 billion BoP, current US$ | -25.3% |
| 2010 | 4.34 billion BoP, current US$ | +8.7% |
| 2011 | 3.45 billion BoP, current US$ | -20.6% |
| 2012 | 2.85 billion BoP, current US$ | -17.5% |
| 2013 | 3.13 billion BoP, current US$ | +9.8% |
| 2014 | 2.66 billion BoP, current US$ | -15.0% |
| 2015 | 2.42 billion BoP, current US$ | -8.9% |
| 2016 | 2.31 billion BoP, current US$ | -4.8% |
| 2017 | 2.56 billion BoP, current US$ | +11.2% |
| 2018 | 3.19 billion BoP, current US$ | +24.5% |
| 2019 | 3.11 billion BoP, current US$ | -2.7% |
| 2020 | 2.81 billion BoP, current US$ | -9.5% |
| 2021 | 2.76 billion BoP, current US$ | -1.9% |
| 2022 | 4.36 billion BoP, current US$ | +57.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.67 billion BoP, current US$ | 4.00 billion BoP, current US$ | 5.35 billion BoP, current US$ | 2 |
| 2010s | 3.00 billion BoP, current US$ | 2.31 billion BoP, current US$ | 4.34 billion BoP, current US$ | 10 |
| 2020s | 3.31 billion BoP, current US$ | 2.76 billion BoP, current US$ | 4.36 billion BoP, current US$ | 3 |
Countries ranked near Low income
- 40 Denmark 3.77 billion BoP, current US$ compare
- 41 Türkiye 3.03 billion BoP, current US$ compare
- 42 Hungary 2.87 billion BoP, current US$ compare
- 43 Bahrain 2.66 billion BoP, current US$ compare
- 44 Brazil 2.66 billion BoP, current US$ compare
- 45 Ghana 2.48 billion BoP, current US$ compare
- 46 Slovenia 2.47 billion BoP, current US$ compare
More economy & growth data for Low income
- Industry (including construction), value added 28.4% (2025)
- Agriculture, forestry, and fishing, value added 5.1% (2025)
- Trade in services 10.1% (2024)
- Manufacturing, value added 59.60 billion constant 2015 US$ (2025)
- Manufacturing, value added 8.5% (2025)
- Industry (including construction), value added 182.48 billion current US$ (2025)
- Industry (including construction), value added 155.56 billion constant 2015 US$ (2025)
- Industry (including construction), value added 6.9% (2025)
- Gross value added at basic prices (GVA) 632.88 billion current US$ (2025)
- Inflation, GDP deflator 6.3% (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Low income?
- Secondary income, other sectors, payments in Low income was 4.36 billion BoP, current US$ in 2022, 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 income?
- The highest recorded value was 5.35 billion BoP, current US$ in 2008.
- What is the lowest secondary income, other sectors, payments recorded in Low income?
- The lowest recorded value was 2.31 billion BoP, current US$ in 2016.
- How does Low income rank for secondary income, other sectors, payments?
- Low income ranks 43rd out of 45 groups with data for 2022.
- Is secondary income, other sectors, payments rising or falling in Low income?
- Over the last ten years it is up 53.1%. The long-run trend across the full record is falling.
- Where does this Low 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.