Pacific island small states's secondary income receipts (BoP, current US$) was US$1.7 billion in 2023, the latest year in the World Bank's World Development Indicators. That is up 58.33% from US$1.08 billion in 2013 (4.7% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.7 billion | 2023 |
| Five years earlier | US$1.27 billion | 2018 |
| Ten years earlier | US$1.08 billion | 2013 |
| Highest | US$1.95 billion | 2021 |
| Lowest | US$588.49 million | 2005 |
| Average since 2014 | US$1.38 billion | 2014–2023 |
| First recorded | US$588.49 million |
What the numbers say
In 2023, Pacific island small states' secondary income receipts (BoP, current US$) fell 1.2% on 2022 (from US$1.72 billion to US$1.7 billion).
Across the 17 yearly changes before that (2006 to 2022), the average change was +7% and a typical year strayed about 10.9% from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 37.2% in 2021 and the biggest yearly fall was 11.8% in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about US$88.48 million a year. A straight line explains 76% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Pacific island small states | US$1.7 billion | 2023 |
| World | US$1.66 trillion | 2024 |
What this measures
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 19 values
| Year | Secondary income receipts (BoP, current US$) |
|---|---|
| 2023 | 1,702,399,419 |
| 2022 | 1,722,810,030 |
| 2021 | 1,952,426,287 |
| 2020 | 1,423,221,659 |
| 2019 | 1,278,651,986 |
| 2018 | 1,265,623,951 |
| 2017 | 1,166,771,314 |
| 2016 | 1,093,427,864 |
| 2015 | 1,074,543,448 |
| 2014 | 1,148,585,164 |
Secondary income receipts (BoP, current US$) in nearby economies
- Afghanistan — US$2.52 billion (2020)
- Algeria — US$2.72 billion (2025)
- Djibouti — US$31.68 million (2024)
- Egypt, Arab Rep. — US$42 billion (2025)
- Iraq — US$1.03 billion (2025)
- Israel — US$14.21 billion (2025)
- Jordan — US$6.47 billion (2024)
- Kuwait — US$12.23 million (2025)
- Lebanon — US$7.91 billion (2023)
- Libya — US$75.2 million (2023)
More economic policy & debt data for Pacific island small states
- Manufacturing, value added (current US$) — US$899.35 million (2025)
- Manufacturing, value added (constant 2015 US$) — US$776.47 million (2025)
- Manufacturing, value added (annual % growth) — 1.32% (2025)
- Foreign direct investment, net inflows (BoP, current US$) — US$447.78 million (2025)
- Foreign direct investment, net inflows (% of GDP) — 3.58% (2025)
- Manufacturing, value added (% of GDP) — 6.92% (2025)
- GDP (current US$) — US$13.01 billion (2025)
- GDP (constant 2015 US$) — US$11.21 billion (2025)
- GDP per capita (current US$)
Reading data like this
Questions people ask
- What is Pacific island small states's secondary income receipts (BoP, current US$)?
- US$1.7 billion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 189.28% from US$588.49 million in 2005 (6.08% a year on average, compounded). The highest value was US$1.95 billion in 2021 and the lowest US$588.49 million in 2005.
- Is the latest change in secondary income receipts (BoP, current US$) unusual for Pacific island small states?
- In 2023, Pacific island small states' secondary income receipts (BoP, current US$) fell 1.2% on 2022 (from US$1.72 billion to US$1.7 billion). Across the 17 yearly changes before that (2006 to 2022), the average change was +7% and a typical year strayed about 10.9% from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
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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