Naoero: Secondary income receipts (BoP, current US$)

Key figures

What the numbers say

In 2024, Naoero's secondary income receipts (BoP, current US$) rose 164.3% on 2023 (from US$14.83 million to US$39.21 million).

Across the 15 yearly changes before that (2009 to 2023), the average change was +29.8% and a typical year strayed about 125.2% from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 464.6% in 2013 and the biggest yearly fall was 77.1% in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 7% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Naoero had the 29th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Naoero in the 2024 ranking

• Solomon Islands — 25th of 29: US$193.54 million
• Bhutan — 26th of 29: US$163.55 million
• Marshall Islands — 27th of 29: US$137.85 million
• Djibouti — 29th of 29: US$31.68 million

What this measures

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.

Regional and income-group figures are computed by the World Bank as a sum.

All 17 values

Secondary income receipts (BoP, current US$) in nearby economies

• Australia — US$9.55 billion (2025)
• Brunei Darussalam — US$58.77 million (2025)
• Cambodia — US$2.63 billion (2025)
• China — US$46.12 billion (2025)
• Fiji — US$620.04 million (2024)
• French Polynesia — US$756.43 million (2016)
• Hong Kong SAR, China — US$2.95 billion (2025)
• Indonesia — US$18.13 billion (2025)
• Japan — US$40.02 billion (2025)
• Kiribati

More economic policy & debt data for Naoero

• GDP (current US$) — US$176.04 million (2025)
• GDP (current LCU) — 272 million (2025)
• GDP (constant 2015 US$) — US$100.29 million (2025)
• GDP (constant LCU) — 130.26 million (2025)
• GDP per capita (current US$) — US$14,640 (2025)
• GDP per capita (current LCU) — 22,620 (2025)
• GDP per capita (constant 2015 US$) — US$8,340 (2025)
• GDP per capita (constant LCU) — 10,832 (2025)
• GNI (current US$) — US$250.47 million (2025)
• GNI (current LCU) — 387 million (2025)
• GNI per capita (current LCU) — 32,183 (2025)

Reading data like this

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Questions people ask

What is Naoero's secondary income receipts (BoP, current US$)?

US$39.21 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2008?

It is up 233.3% from US$11.76 million in 2008 (7.81% a year on average, compounded). The highest value was US$39.21 million in 2024 and the lowest US$4.77 million in 2012.

How does Naoero rank?

29th highest of 29 economies with data for 2024.

Is the latest change in secondary income receipts (BoP, current US$) unusual for Naoero?

In 2024, Naoero's secondary income receipts (BoP, current US$) rose 164.3% on 2023 (from US$14.83 million to US$39.21 million). Across the 15 yearly changes before that (2009 to 2023), the average change was +29.8% and a typical year strayed about 125.2% from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator BX.TRF.CURR.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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