Secondary income receipts in Pacific island small states
Pacific island small states: Secondary income receipts was 1.71 billion BoP, current US$ in 2023. ▲ Rising
Secondary income receipts 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$.
Analysis
Pacific island small states recorded 1.71 billion BoP, current US$ for secondary income receipts in 2023.
That represents a change of down 1.1% on the previous year and up 58.7% over ten years.
Over the whole period, secondary income receipts in Pacific island small states peaked at 1.95 billion BoP, current US$ in 2021 and was at its lowest, 588.49 million BoP, current US$, in 2005.
That places Pacific island small states 44th out of 45 groups with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Secondary income receipts in Pacific island small states, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 588.49 million BoP, current US$ | — |
| 2006 | 691.05 million BoP, current US$ | +17.4% |
| 2007 | 690.23 million BoP, current US$ | -0.1% |
| 2008 | 767.11 million BoP, current US$ | +11.1% |
| 2009 | 909.42 million BoP, current US$ | +18.6% |
| 2010 | 972.58 million BoP, current US$ | +6.9% |
| 2011 | 1.01 billion BoP, current US$ | +3.5% |
| 2012 | 1.09 billion BoP, current US$ | +8.1% |
| 2013 | 1.08 billion BoP, current US$ | -1.1% |
| 2014 | 1.15 billion BoP, current US$ | +6.8% |
| 2015 | 1.07 billion BoP, current US$ | -6.4% |
| 2016 | 1.09 billion BoP, current US$ | +1.8% |
| 2017 | 1.17 billion BoP, current US$ | +6.7% |
| 2018 | 1.27 billion BoP, current US$ | +8.5% |
| 2019 | 1.26 billion BoP, current US$ | -0.1% |
| 2020 | 1.42 billion BoP, current US$ | +12.5% |
| 2021 | 1.95 billion BoP, current US$ | +37.2% |
| 2022 | 1.73 billion BoP, current US$ | -11.6% |
| 2023 | 1.71 billion BoP, current US$ | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 729.26 million BoP, current US$ | 588.49 million BoP, current US$ | 909.42 million BoP, current US$ | 5 |
| 2010s | 1.12 billion BoP, current US$ | 972.58 million BoP, current US$ | 1.27 billion BoP, current US$ | 10 |
| 2020s | 1.70 billion BoP, current US$ | 1.42 billion BoP, current US$ | 1.95 billion BoP, current US$ | 4 |
Countries ranked near Pacific island small states
- 41 Ireland 9.92 billion BoP, current US$ compare
- 42 Australia 9.60 billion BoP, current US$ compare
- 43 Austria 8.80 billion BoP, current US$ compare
- 44 Brazil 8.63 billion BoP, current US$ compare
- 45 Malaysia 8.51 billion BoP, current US$ compare
- 46 Serbia 8.45 billion BoP, current US$ compare
- 47 Ethiopia 8.37 billion BoP, current US$ compare
More economy & growth data for Pacific island small states
- Gross value added at basic prices (GVA) 9.11 billion constant 2015 US$ (2024)
- Services, value added 7.00 billion current US$ (2024)
- Services, value added 6.26 billion constant 2015 US$ (2024)
- Services, value added 3.3% (2024)
- Services, value added 56.8% (2024)
- Inflation, GDP deflator 3.0% (2025)
- Gross value added at basic prices (GVA) 10.84 billion current US$ (2024)
- GDP growth 3.3% (2025)
- GDP per capita 4,066 constant 2015 US$ (2025)
- GDP per capita 4,720 current US$ (2025)
Frequently asked questions
- What is secondary income receipts in Pacific island small states?
- Secondary income receipts in Pacific island small states was 1.71 billion 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 receipts recorded in Pacific island small states?
- The highest recorded value was 1.95 billion BoP, current US$ in 2021.
- What is the lowest secondary income receipts recorded in Pacific island small states?
- The lowest recorded value was 588.49 million BoP, current US$ in 2005.
- How does Pacific island small states rank for secondary income receipts?
- Pacific island small states ranks 44th out of 45 groups with data for 2023.
- Is secondary income receipts rising or falling in Pacific island small states?
- Over the last ten years it is up 58.7%. 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 receipts (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.