Secondary income, other sectors, payments in Other small states
Other small states: Secondary income, other sectors, payments was 5.35 billion BoP, current US$ in 2024. ▲ Rising
Secondary income, other sectors, payments in Other small states, 2002–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Other small states recorded 5.35 billion BoP, current US$ for secondary income, other sectors, payments in 2024.
The figure is down 2.6% on the previous year and up 52.8% over ten years.
Over the whole period, secondary income, other sectors, payments in Other small states peaked at 5.60 billion BoP, current US$ in 2021 and was at its lowest, 659.07 million BoP, current US$, in 2002.
Other small states ranks 41st of 45 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Secondary income, other sectors, payments in Other small states, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2002 | 659.07 million BoP, current US$ | — |
| 2003 | 884.74 million BoP, current US$ | +34.2% |
| 2004 | 1.46 billion BoP, current US$ | +64.8% |
| 2005 | 1.34 billion BoP, current US$ | -7.8% |
| 2006 | 1.63 billion BoP, current US$ | +21.1% |
| 2007 | 2.11 billion BoP, current US$ | +29.9% |
| 2008 | 3.44 billion BoP, current US$ | +62.9% |
| 2009 | 3.86 billion BoP, current US$ | +12.2% |
| 2010 | 3.59 billion BoP, current US$ | -7.1% |
| 2011 | 3.25 billion BoP, current US$ | -9.5% |
| 2012 | 3.00 billion BoP, current US$ | -7.7% |
| 2013 | 2.85 billion BoP, current US$ | -5.0% |
| 2014 | 3.50 billion BoP, current US$ | +23.0% |
| 2015 | 2.88 billion BoP, current US$ | -17.7% |
| 2016 | 3.26 billion BoP, current US$ | +13.0% |
| 2017 | 5.15 billion BoP, current US$ | +58.2% |
| 2018 | 4.60 billion BoP, current US$ | -10.6% |
| 2019 | 5.20 billion BoP, current US$ | +12.9% |
| 2020 | 4.92 billion BoP, current US$ | -5.4% |
| 2021 | 5.60 billion BoP, current US$ | +13.9% |
| 2022 | 5.23 billion BoP, current US$ | -6.7% |
| 2023 | 5.50 billion BoP, current US$ | +5.1% |
| 2024 | 5.35 billion BoP, current US$ | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.92 billion BoP, current US$ | 659.07 million BoP, current US$ | 3.86 billion BoP, current US$ | 8 |
| 2010s | 3.73 billion BoP, current US$ | 2.85 billion BoP, current US$ | 5.20 billion BoP, current US$ | 10 |
| 2020s | 5.32 billion BoP, current US$ | 4.92 billion BoP, current US$ | 5.60 billion BoP, current US$ | 5 |
Countries ranked near Other small states
- 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 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
More economy & growth data for Other small states
- Gross value added at basic prices (GVA) 205.04 billion current US$ (2025)
- Industry (including construction), value added 2.2% (2025)
- Industry (including construction), value added 19.1% (2025)
- Trade in services 71.2% (2025)
- Services, value added 113.61 billion constant 2015 US$ (2025)
- Services, value added 2.9% (2025)
- Services, value added 67.7% (2025)
- Inflation, GDP deflator 3.2% (2025)
- GDP per capita 12,852 constant 2015 US$ (2025)
- GDP per capita 17,540 current US$ (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Other small states?
- Secondary income, other sectors, payments in Other small states was 5.35 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 Other small states?
- The highest recorded value was 5.60 billion BoP, current US$ in 2021.
- What is the lowest secondary income, other sectors, payments recorded in Other small states?
- The lowest recorded value was 659.07 million BoP, current US$ in 2002.
- How does Other small states rank for secondary income, other sectors, payments?
- Other small states ranks 41st out of 45 groups with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Other small states?
- Over the last ten years it is up 52.8%. The long-run trend across the full record is rising.
- Where does this Other small states 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.