Small states's secondary income receipts (BoP, current US$) was US$10.08 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 27.76% from US$7.89 billion in 2014 (2.48% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$10.08 billion | 2024 |
| Five years earlier | US$9.91 billion | 2019 |
| Ten years earlier | US$7.89 billion | 2014 |
| Highest | US$11.62 billion | 2021 |
| Lowest | US$742.86 million | 1985 |
| Average since 2015 | US$9.61 billion | 2015–2024 |
| First recorded | US$774.15 million |
What the numbers say
In 2024, Small states' secondary income receipts (BoP, current US$) fell 11.2% on 2023 (from US$11.36 billion to US$10.08 billion).
Across the 25 yearly changes before that (1985 to 2023), the average change was +7.8% and a typical year strayed about 13.7% from that (the standard deviation). This year's change was 1.4 standard deviations below 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 39.4% in 2017 and the biggest yearly fall was 15.8% in 2015. 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 the straight-line trend is upward, about US$432.47 million a year. A straight line explains 65% 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 | |
|---|---|---|
| Small states | US$10.08 billion | 2024 |
| World | US$1.66 trillion | 2024 |
What this measures
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 29 values
| Year | Secondary income receipts (BoP, current US$) |
|---|---|
| 2024 | 10,082,283,613 |
| 2023 | 11,360,181,651 |
| 2022 | 10,657,416,317 |
| 2021 | 11,618,673,239 |
| 2020 | 9,668,432,909 |
| 2019 | 9,909,080,366 |
| 2018 | 9,005,889,814 |
| 2017 | 9,976,646,322 |
| 2016 | 7,156,132,111 |
| 2015 | 6,645,798,194 |
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$75.2 million (2023)
More economic policy & debt data for Small states
- Foreign direct investment, net outflows (BoP, current US$) — US$12.49 billion (2025)
- Personal remittances, paid (current US$) — US$4.28 billion (2025)
- Foreign direct investment, net inflows (BoP, current US$) — US$40.34 billion (2025)
- Foreign direct investment, net inflows (% of GDP) — 12.23% (2025)
- Portfolio equity, net inflows (BoP, current US$) — US$643.45 million (2025)
- Personal remittances, received (current US$) — US$4.56 billion (2025)
- GDP (current US$) — US$337.31 billion (2025)
- GDP per capita (current US$) — US$16,578 (2025)
- Net financial flows, IBRD (NFL, current US$) — US$94.11 million (2024)
Reading data like this
Questions people ask
- What is Small states's secondary income receipts (BoP, current US$)?
- US$10.08 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1984?
- It is up 1,202% from US$774.15 million in 1984 (6.63% a year on average, compounded). The highest value was US$11.62 billion in 2021 and the lowest US$742.86 million in 1985.
- Is the latest change in secondary income receipts (BoP, current US$) unusual for Small states?
- In 2024, Small states' secondary income receipts (BoP, current US$) fell 11.2% on 2023 (from US$11.36 billion to US$10.08 billion). Across the 25 yearly changes before that (1985 to 2023), the average change was +7.8% and a typical year strayed about 13.7% from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
- Where does this data come from?
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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