Secondary income, other sectors, payments in World
World: Secondary income, other sectors, payments was 1.26 trillion BoP, current US$ in 2024. ▲ Rising
Secondary income, other sectors, payments in World, 2002–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
World recorded 1.26 trillion BoP, current US$ for secondary income, other sectors, payments in 2024. That is the highest value across all 23 years on record.
That represents a change of up 8.0% on the previous year and up 63.4% over ten years.
Over the whole period, secondary income, other sectors, payments in World peaked at 1.26 trillion BoP, current US$ in 2024 and was at its lowest, 297.22 billion BoP, current US$, in 2002.
World ranks 1st of 45 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Secondary income, other sectors, payments in World, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2002 | 297.22 billion BoP, current US$ | — |
| 2003 | 347.64 billion BoP, current US$ | +17.0% |
| 2004 | 386.89 billion BoP, current US$ | +11.3% |
| 2005 | 438.86 billion BoP, current US$ | +13.4% |
| 2006 | 458.25 billion BoP, current US$ | +4.4% |
| 2007 | 532.80 billion BoP, current US$ | +16.3% |
| 2008 | 609.37 billion BoP, current US$ | +14.4% |
| 2009 | 572.73 billion BoP, current US$ | -6.0% |
| 2010 | 587.72 billion BoP, current US$ | +2.6% |
| 2011 | 663.45 billion BoP, current US$ | +12.9% |
| 2012 | 651.42 billion BoP, current US$ | -1.8% |
| 2013 | 718.61 billion BoP, current US$ | +10.3% |
| 2014 | 771.26 billion BoP, current US$ | +7.3% |
| 2015 | 729.83 billion BoP, current US$ | -5.4% |
| 2016 | 747.89 billion BoP, current US$ | +2.5% |
| 2017 | 853.77 billion BoP, current US$ | +14.2% |
| 2018 | 873.06 billion BoP, current US$ | +2.3% |
| 2019 | 875.53 billion BoP, current US$ | +0.3% |
| 2020 | 886.69 billion BoP, current US$ | +1.3% |
| 2021 | 961.70 billion BoP, current US$ | +8.5% |
| 2022 | 1.01 trillion BoP, current US$ | +4.9% |
| 2023 | 1.17 trillion BoP, current US$ | +15.6% |
| 2024 | 1.26 trillion BoP, current US$ | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 455.47 billion BoP, current US$ | 297.22 billion BoP, current US$ | 609.37 billion BoP, current US$ | 8 |
| 2010s | 747.26 billion BoP, current US$ | 587.72 billion BoP, current US$ | 875.53 billion BoP, current US$ | 10 |
| 2020s | 1.06 trillion BoP, current US$ | 886.69 billion BoP, current US$ | 1.26 trillion BoP, current US$ | 5 |
Countries ranked near World
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- Gross domestic savings (current US$), annual growth rate 2.34 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.2687 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 3,686 current US$ per person (2024)
- GNI, Atlas method (current US$), annual growth rate 7 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9887 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 14,244 current US$ per person (2025)
- GNI (current US$), annual growth rate 6.18 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9945 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in World?
- Secondary income, other sectors, payments in World was 1.26 trillion 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 World?
- The highest recorded value was 1.26 trillion BoP, current US$ in 2024.
- What is the lowest secondary income, other sectors, payments recorded in World?
- The lowest recorded value was 297.22 billion BoP, current US$ in 2002.
- How does World rank for secondary income, other sectors, payments?
- World ranks 1st out of 45 groups with data for 2024.
- Is secondary income, other sectors, payments rising or falling in World?
- Over the last ten years it is up 63.4%. The long-run trend across the full record is rising.
- Where does this World 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.