Secondary income, other sectors, payments in Lower middle income
Lower middle income: Secondary income, other sectors, payments was 23.84 billion BoP, current US$ in 2024. ◆ Volatile
Secondary income, other sectors, payments in Lower middle income, 1982–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in Lower middle income is 23.84 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is down 11.2% on the previous year and down 0.9% over ten years.
Over the whole period, secondary income, other sectors, payments in Lower middle income peaked at 26.84 billion BoP, current US$ in 2023 and was at its lowest, 1.11 billion BoP, current US$, in 1986.
That places Lower middle income 21st out of 45 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Lower middle income, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1982 | 1.74 billion BoP, current US$ | — |
| 1986 | 1.11 billion BoP, current US$ | -36.3% |
| 1987 | 1.11 billion BoP, current US$ | +0.0% |
| 1988 | 1.15 billion BoP, current US$ | +3.4% |
| 1989 | 1.40 billion BoP, current US$ | +22.2% |
| 1990 | 1.65 billion BoP, current US$ | +17.5% |
| 1991 | 1.61 billion BoP, current US$ | -2.1% |
| 1993 | 1.65 billion BoP, current US$ | +2.5% |
| 1994 | 1.69 billion BoP, current US$ | +2.4% |
| 1995 | 1.34 billion BoP, current US$ | -20.6% |
| 1996 | 1.60 billion BoP, current US$ | +19.2% |
| 1997 | 1.51 billion BoP, current US$ | -5.6% |
| 1998 | 1.35 billion BoP, current US$ | -10.9% |
| 1999 | 1.28 billion BoP, current US$ | -5.2% |
| 2000 | 1.50 billion BoP, current US$ | +17.6% |
| 2001 | 1.96 billion BoP, current US$ | +30.5% |
| 2002 | 4.67 billion BoP, current US$ | +138.0% |
| 2003 | 6.00 billion BoP, current US$ | +28.6% |
| 2004 | 6.01 billion BoP, current US$ | +0.1% |
| 2005 | 6.78 billion BoP, current US$ | +13.0% |
| 2006 | 7.70 billion BoP, current US$ | +13.5% |
| 2007 | 8.80 billion BoP, current US$ | +14.3% |
| 2008 | 12.82 billion BoP, current US$ | +45.7% |
| 2009 | 13.05 billion BoP, current US$ | +1.8% |
| 2010 | 14.49 billion BoP, current US$ | +11.0% |
| 2011 | 17.11 billion BoP, current US$ | +18.1% |
| 2012 | 19.08 billion BoP, current US$ | +11.6% |
| 2013 | 22.05 billion BoP, current US$ | +15.6% |
| 2014 | 24.06 billion BoP, current US$ | +9.1% |
| 2015 | 21.94 billion BoP, current US$ | -8.8% |
| 2016 | 21.44 billion BoP, current US$ | -2.3% |
| 2017 | 21.53 billion BoP, current US$ | +0.5% |
| 2018 | 21.99 billion BoP, current US$ | +2.1% |
| 2019 | 21.60 billion BoP, current US$ | -1.8% |
| 2020 | 17.29 billion BoP, current US$ | -20.0% |
| 2021 | 19.88 billion BoP, current US$ | +15.0% |
| 2022 | 24.36 billion BoP, current US$ | +22.6% |
| 2023 | 26.84 billion BoP, current US$ | +10.2% |
| 2024 | 23.84 billion BoP, current US$ | -11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.30 billion BoP, current US$ | 1.11 billion BoP, current US$ | 1.74 billion BoP, current US$ | 5 |
| 1990s | 1.52 billion BoP, current US$ | 1.28 billion BoP, current US$ | 1.69 billion BoP, current US$ | 9 |
| 2000s | 6.93 billion BoP, current US$ | 1.50 billion BoP, current US$ | 13.05 billion BoP, current US$ | 10 |
| 2010s | 20.53 billion BoP, current US$ | 14.49 billion BoP, current US$ | 24.06 billion BoP, current US$ | 10 |
| 2020s | 22.44 billion BoP, current US$ | 17.29 billion BoP, current US$ | 26.84 billion BoP, current US$ | 5 |
Countries ranked near Lower middle income
- 18 Qatar 14.69 billion BoP, current US$ compare
- 19 Indonesia 11.39 billion BoP, current US$ compare
- 20 Norway 11.02 billion BoP, current US$ compare
- 21 Luxembourg 10.90 billion BoP, current US$ compare
- 22 Ireland 10.82 billion BoP, current US$ compare
- 23 India 10.50 billion BoP, current US$ compare
- 24 Malaysia 10.21 billion BoP, current US$ compare
More economy & growth data for Lower middle income
- Services, value added 61.3% (2025)
- Manufacturing, value added 16.9% (2025)
- Industry (including construction), value added 2.29 trillion current US$ (2025)
- Trade in services 14.1% (2025)
- Industry (including construction), value added 7.0% (2025)
- Industry (including construction), value added 31.3% (2025)
- Services, value added 4.48 trillion current US$ (2025)
- Services, value added 4.49 trillion constant 2015 US$ (2025)
- Services, value added 6.8% (2025)
- GDP growth 6.0% (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Lower middle income?
- Secondary income, other sectors, payments in Lower middle income was 23.84 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 Lower middle income?
- The highest recorded value was 26.84 billion BoP, current US$ in 2023.
- What is the lowest secondary income, other sectors, payments recorded in Lower middle income?
- The lowest recorded value was 1.11 billion BoP, current US$ in 1986.
- How does Lower middle income rank for secondary income, other sectors, payments?
- Lower middle income ranks 21st out of 45 groups with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Lower middle income?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is volatile.
- Where does this Lower 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.
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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.