Secondary income, other sectors, payments in South Asia
South Asia: Secondary income, other sectors, payments was 12.39 billion BoP, current US$ in 2024. ◆ Volatile
Secondary income, other sectors, payments in South Asia, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, secondary income, other sectors, payments in South Asia stood at 12.39 billion BoP, current US$.
That represents a change of down 10.1% on the previous year and up 150.1% over ten years.
Over the whole period, secondary income, other sectors, payments in South Asia peaked at 13.78 billion BoP, current US$ in 2023 and was at its lowest, 16.32 million BoP, current US$, in 1976.
That places South Asia 28th out of 45 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in South Asia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 16.32 million BoP, current US$ | — |
| 1977 | 17.68 million BoP, current US$ | +8.3% |
| 1978 | 36.25 million BoP, current US$ | +105.0% |
| 1979 | 25.01 million BoP, current US$ | -31.0% |
| 1980 | 29.97 million BoP, current US$ | +19.9% |
| 1981 | 47.04 million BoP, current US$ | +57.0% |
| 1982 | 45.84 million BoP, current US$ | -2.6% |
| 1983 | 32.68 million BoP, current US$ | -28.7% |
| 1984 | 43.50 million BoP, current US$ | +33.1% |
| 1985 | 43.37 million BoP, current US$ | -0.3% |
| 1986 | 52.06 million BoP, current US$ | +20.0% |
| 1987 | 68.91 million BoP, current US$ | +32.4% |
| 1988 | 63.67 million BoP, current US$ | -7.6% |
| 1989 | 61.58 million BoP, current US$ | -3.3% |
| 1990 | 68.47 million BoP, current US$ | +11.2% |
| 1991 | 79.98 million BoP, current US$ | +16.8% |
| 1992 | 127.03 million BoP, current US$ | +58.8% |
| 1993 | 124.25 million BoP, current US$ | -2.2% |
| 1994 | 137.26 million BoP, current US$ | +10.5% |
| 1995 | 174.60 million BoP, current US$ | +27.2% |
| 1996 | 225.53 million BoP, current US$ | +29.2% |
| 1997 | 246.14 million BoP, current US$ | +9.1% |
| 1998 | 278.33 million BoP, current US$ | +13.1% |
| 1999 | 273.66 million BoP, current US$ | -1.7% |
| 2000 | 365.41 million BoP, current US$ | +33.5% |
| 2001 | 657.08 million BoP, current US$ | +79.8% |
| 2002 | 976.75 million BoP, current US$ | +48.7% |
| 2003 | 866.45 million BoP, current US$ | -11.3% |
| 2004 | 905.50 million BoP, current US$ | +4.5% |
| 2005 | 848.25 million BoP, current US$ | -6.3% |
| 2006 | 1.33 billion BoP, current US$ | +57.1% |
| 2007 | 1.83 billion BoP, current US$ | +37.1% |
| 2008 | 3.73 billion BoP, current US$ | +104.3% |
| 2009 | 2.67 billion BoP, current US$ | -28.4% |
| 2010 | 3.45 billion BoP, current US$ | +29.1% |
| 2011 | 3.93 billion BoP, current US$ | +14.0% |
| 2012 | 4.42 billion BoP, current US$ | +12.6% |
| 2013 | 5.37 billion BoP, current US$ | +21.4% |
| 2014 | 4.95 billion BoP, current US$ | -7.8% |
| 2015 | 4.13 billion BoP, current US$ | -16.6% |
| 2016 | 5.59 billion BoP, current US$ | +35.3% |
| 2017 | 7.39 billion BoP, current US$ | +32.1% |
| 2018 | 7.53 billion BoP, current US$ | +1.9% |
| 2019 | 8.63 billion BoP, current US$ | +14.7% |
| 2020 | 7.46 billion BoP, current US$ | -13.6% |
| 2021 | 8.51 billion BoP, current US$ | +14.1% |
| 2022 | 10.80 billion BoP, current US$ | +26.8% |
| 2023 | 13.78 billion BoP, current US$ | +27.6% |
| 2024 | 12.39 billion BoP, current US$ | -10.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.81 million BoP, current US$ | 16.32 million BoP, current US$ | 36.25 million BoP, current US$ | 4 |
| 1980s | 48.86 million BoP, current US$ | 29.97 million BoP, current US$ | 68.91 million BoP, current US$ | 10 |
| 1990s | 173.53 million BoP, current US$ | 68.47 million BoP, current US$ | 278.33 million BoP, current US$ | 10 |
| 2000s | 1.42 billion BoP, current US$ | 365.41 million BoP, current US$ | 3.73 billion BoP, current US$ | 10 |
| 2010s | 5.54 billion BoP, current US$ | 3.45 billion BoP, current US$ | 8.63 billion BoP, current US$ | 10 |
| 2020s | 10.59 billion BoP, current US$ | 7.46 billion BoP, current US$ | 13.78 billion BoP, current US$ | 5 |
Countries ranked near South Asia
- 25 Sweden 9.97 billion BoP, current US$ compare
- 26 Israel 9.31 billion BoP, current US$ compare
- 27 Oman 9.18 billion BoP, current US$ compare
- 28 Thailand 9.03 billion BoP, current US$ compare
- 29 Australia 7.22 billion BoP, current US$ compare
- 30 Romania 6.87 billion BoP, current US$ compare
- 31 Poland 6.85 billion BoP, current US$ compare
More economy & growth data for South Asia
- Inflation, GDP deflator 3.2% (2025)
- Industry (including construction), value added 1.19 trillion current US$ (2025)
- Industry (including construction), value added 1.16 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 8.2% (2025)
- Trade in services 14.5% (2025)
- Services, value added 2.28 trillion current US$ (2025)
- Services, value added 2.10 trillion constant 2015 US$ (2025)
- Services, value added 8.3% (2025)
- Services, value added 49.8% (2025)
- GDP per capita 2,473 constant 2015 US$ (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in South Asia?
- Secondary income, other sectors, payments in South Asia was 12.39 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 South Asia?
- The highest recorded value was 13.78 billion BoP, current US$ in 2023.
- What is the lowest secondary income, other sectors, payments recorded in South Asia?
- The lowest recorded value was 16.32 million BoP, current US$ in 1976.
- How does South Asia rank for secondary income, other sectors, payments?
- South Asia ranks 28th out of 45 groups with data for 2024.
- Is secondary income, other sectors, payments rising or falling in South Asia?
- Over the last ten years it is up 150.1%. The long-run trend across the full record is volatile.
- Where does this South Asia 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.