Secondary income, other sectors, payments in Upper middle income
Upper middle income: Secondary income, other sectors, payments was 63.78 billion BoP, current US$ in 2024. ◆ Volatile
Secondary income, other sectors, payments in Upper middle income, 1999–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in Upper middle income is 63.78 billion BoP, current US$, measured in 2024.
That represents a change of down 2.9% on the previous year and up 61.1% over ten years.
Over the whole period, secondary income, other sectors, payments in Upper middle income peaked at 77.71 billion BoP, current US$ in 2017 and was at its lowest, 5.96 billion BoP, current US$, in 1999.
Upper middle income ranks 16th of 45 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Upper middle income, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1999 | 5.96 billion BoP, current US$ | — |
| 2000 | 7.05 billion BoP, current US$ | +18.3% |
| 2001 | 7.33 billion BoP, current US$ | +3.9% |
| 2002 | 9.09 billion BoP, current US$ | +23.9% |
| 2003 | 8.97 billion BoP, current US$ | -1.3% |
| 2004 | 13.10 billion BoP, current US$ | +46.1% |
| 2005 | 14.08 billion BoP, current US$ | +7.5% |
| 2006 | 16.10 billion BoP, current US$ | +14.3% |
| 2007 | 19.64 billion BoP, current US$ | +22.0% |
| 2008 | 21.90 billion BoP, current US$ | +11.5% |
| 2009 | 25.88 billion BoP, current US$ | +18.1% |
| 2010 | 29.73 billion BoP, current US$ | +14.9% |
| 2011 | 32.12 billion BoP, current US$ | +8.1% |
| 2012 | 35.61 billion BoP, current US$ | +10.9% |
| 2013 | 40.35 billion BoP, current US$ | +13.3% |
| 2014 | 39.59 billion BoP, current US$ | -1.9% |
| 2015 | 36.01 billion BoP, current US$ | -9.1% |
| 2016 | 35.30 billion BoP, current US$ | -2.0% |
| 2017 | 77.71 billion BoP, current US$ | +120.2% |
| 2018 | 71.80 billion BoP, current US$ | -7.6% |
| 2019 | 45.81 billion BoP, current US$ | -36.2% |
| 2020 | 42.21 billion BoP, current US$ | -7.9% |
| 2021 | 43.73 billion BoP, current US$ | +3.6% |
| 2022 | 52.65 billion BoP, current US$ | +20.4% |
| 2023 | 65.68 billion BoP, current US$ | +24.8% |
| 2024 | 63.78 billion BoP, current US$ | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.96 billion BoP, current US$ | 5.96 billion BoP, current US$ | 5.96 billion BoP, current US$ | 1 |
| 2000s | 14.31 billion BoP, current US$ | 7.05 billion BoP, current US$ | 25.88 billion BoP, current US$ | 10 |
| 2010s | 44.40 billion BoP, current US$ | 29.73 billion BoP, current US$ | 77.71 billion BoP, current US$ | 10 |
| 2020s | 53.61 billion BoP, current US$ | 42.21 billion BoP, current US$ | 65.68 billion BoP, current US$ | 5 |
Countries ranked near Upper middle income
- 13 Kuwait 16.83 billion BoP, current US$ compare
- 14 Netherlands 15.77 billion BoP, current US$ compare
- 15 Republic of Korea 15.69 billion BoP, current US$ compare
- 16 Russian Federation 14.98 billion BoP, current US$ compare
- 17 Canada 14.71 billion BoP, current US$ compare
- 18 Qatar 14.69 billion BoP, current US$ compare
- 19 Indonesia 11.39 billion BoP, current US$ compare
More economy & growth data for Upper middle income
- Industry (including construction), value added 10.96 trillion current US$ (2025)
- External balance on goods and services 2.1% (2025)
- Trade 48.9% (2025)
- Trade in services 6.9% (2025)
- Agriculture, forestry, and fishing, value added 3.6% (2025)
- Manufacturing, value added 7.04 trillion current US$ (2025)
- Manufacturing, value added 21.0% (2025)
- Services, value added 17.72 trillion constant 2015 US$ (2025)
- Services, value added 19.09 trillion current US$ (2025)
- Industry (including construction), value added 32.7% (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Upper middle income?
- Secondary income, other sectors, payments in Upper middle income was 63.78 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 Upper middle income?
- The highest recorded value was 77.71 billion BoP, current US$ in 2017.
- What is the lowest secondary income, other sectors, payments recorded in Upper middle income?
- The lowest recorded value was 5.96 billion BoP, current US$ in 1999.
- How does Upper middle income rank for secondary income, other sectors, payments?
- Upper middle income ranks 16th out of 45 groups with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Upper middle income?
- Over the last ten years it is up 61.1%. The long-run trend across the full record is volatile.
- Where does this Upper 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.