Secondary income, other sectors, payments in Pacific island small states
Pacific island small states: Secondary income, other sectors, payments was 281.29 million BoP, current US$ in 2023. ▲ Rising
Secondary income, other sectors, payments in Pacific island small states, 2005–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, secondary income, other sectors, payments in Pacific island small states stood at 281.29 million BoP, current US$.
Compared with earlier readings it is up 16.4% on the previous year and up 43.2% over ten years.
Over the whole period, secondary income, other sectors, payments in Pacific island small states peaked at 287.78 million BoP, current US$ in 2018 and was at its lowest, 111.15 million BoP, current US$, in 2007.
Pacific island small states ranks 47th of 47 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Secondary income, other sectors, payments in Pacific island small states, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 163.47 million BoP, current US$ | — |
| 2006 | 160.01 million BoP, current US$ | -2.1% |
| 2007 | 111.15 million BoP, current US$ | -30.5% |
| 2008 | 130.44 million BoP, current US$ | +17.4% |
| 2009 | 136.08 million BoP, current US$ | +4.3% |
| 2010 | 167.92 million BoP, current US$ | +23.4% |
| 2011 | 184.92 million BoP, current US$ | +10.1% |
| 2012 | 176.34 million BoP, current US$ | -4.6% |
| 2013 | 196.40 million BoP, current US$ | +11.4% |
| 2014 | 202.50 million BoP, current US$ | +3.1% |
| 2015 | 220.05 million BoP, current US$ | +8.7% |
| 2016 | 258.82 million BoP, current US$ | +17.6% |
| 2017 | 264.75 million BoP, current US$ | +2.3% |
| 2018 | 287.78 million BoP, current US$ | +8.7% |
| 2019 | 286.45 million BoP, current US$ | -0.5% |
| 2020 | 250.61 million BoP, current US$ | -12.5% |
| 2021 | 244.92 million BoP, current US$ | -2.3% |
| 2022 | 241.72 million BoP, current US$ | -1.3% |
| 2023 | 281.29 million BoP, current US$ | +16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 140.23 million BoP, current US$ | 111.15 million BoP, current US$ | 163.47 million BoP, current US$ | 5 |
| 2010s | 224.59 million BoP, current US$ | 167.92 million BoP, current US$ | 287.78 million BoP, current US$ | 10 |
| 2020s | 254.63 million BoP, current US$ | 241.72 million BoP, current US$ | 281.29 million BoP, current US$ | 4 |
Countries ranked near Pacific island small states
- 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
- 47 South Africa 2.30 billion BoP, current US$ compare
- 48 Côte d'Ivoire 2.28 billion BoP, current US$ compare
- 49 Greece 2.09 billion BoP, current US$ compare
- 50 New Zealand 2.07 billion BoP, current US$ compare
More economy & growth data for Pacific island small states
- Services, value added 56.8% (2024)
- Industry (including construction), value added 1.49 billion constant 2015 US$ (2024)
- Industry (including construction), value added 7.2% (2024)
- Industry (including construction), value added 15.2% (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.69 % change on previous year (2024)
- Services, value added 7.00 billion current US$ (2024)
- Services, value added 6.26 billion constant 2015 US$ (2024)
- GDP (current US$), annual growth rate 5.49 % change on previous year (2025)
- GDP (constant 2015 US$), annual growth rate 3.32 % change on previous year (2025)
- GDP (current US$), per capita 4,720 current US$ per person (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Pacific island small states?
- Secondary income, other sectors, payments in Pacific island small states was 281.29 million BoP, current US$ in 2023, 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 Pacific island small states?
- The highest recorded value was 287.78 million BoP, current US$ in 2018.
- What is the lowest secondary income, other sectors, payments recorded in Pacific island small states?
- The lowest recorded value was 111.15 million BoP, current US$ in 2007.
- How does Pacific island small states rank for secondary income, other sectors, payments?
- Pacific island small states ranks 47th out of 47 groups with data for 2023.
- Is secondary income, other sectors, payments rising or falling in Pacific island small states?
- Over the last ten years it is up 43.2%. The long-run trend across the full record is rising.
- Where does this Pacific island 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.