United States's net primary income (net income from abroad) (constant LCU) was -7.01 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 102.76% from 253.57 billion in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -7.01 billion | 2024 |
| Five years earlier | 285.54 billion | 2019 |
| Ten years earlier | 253.57 billion | 2014 |
| Highest | 307.65 billion | 2017 |
| Lowest | -7.01 billion | 2024 |
| Average since 2015 | 193.57 billion | 2015–2024 |
| First recorded | 33.69 billion |
What the numbers say
In 2024, United States' net primary income (net income from abroad) (constant LCU) fell 81.37 billion on 2023 (from 74.35 billion to -7.01 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +798.07 million and a typical year strayed about 33.66 billion from that (the standard deviation). This year's change was 2.4 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 61.5 billion in 2010 and the biggest yearly fall was 81.37 billion in 2024. 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 downward, about 29.06 billion a year. A straight line explains 71% 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
In 2024, United States had the 12th highest value of the 17 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 United States in the 2024 ranking
- Slovak Republic — 8th of 17: -3.25 billion
- Spain — 9th of 17: -3.43 billion
- Greece — 10th of 17: -5.86 billion
- New Zealand — 12th of 17: -9.55 billion
- United Kingdom — 13th of 17: -17.73 billion
- Iceland — 14th of 17: -31.87 billion
What this measures
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 55 values
| Year | Net primary income (net income from abroad) (constant LCU) |
|---|---|
| 2024 | -7,011,071,000 |
| 2023 | 74,354,554,000 |
| 2022 | 136,530,494,000 |
| 2021 | 144,720,311,000 |
| 2020 | 211,597,000,000 |
| 2019 | 285,539,955,000 |
| 2018 | 298,248,751,000 |
| 2017 | 307,647,849,000 |
| 2016 | 247,240,969,000 |
| 2015 | 236,785,653,000 |
Net primary income (net income from abroad) (constant LCU) in nearby economies
- Canada — -35.71 billion (2025)
More economic policy & debt data for United States
- Total reserves, including gold (current US$) — US$1.39 trillion (2025)
- Total reserves, excluding gold (current US$) — US$243.27 billion (2025)
- GDP (current US$) — US$30.77 trillion (2025)
- GDP (current LCU) — 30.77 trillion (2025)
- GDP (constant 2015 US$) — US$23.22 trillion (2025)
- GDP (constant LCU) — 25.15 trillion (2025)
- GDP per capita (current US$) — US$90,027 (2025)
- GDP per capita (current LCU) — 90,027 (2025)
- GDP per capita (constant 2015 US$) — US$67,946 (2025)
- GDP per capita (constant LCU) — 73,574 (2025)
Reading data like this
Questions people ask
- What is United States's net primary income (net income from abroad) (constant LCU)?
- -7.01 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is down 120.81% from 33.69 billion in 1970. The highest value was 307.65 billion in 2017 and the lowest -7.01 billion in 2024.
- How does United States rank?
- 12th highest of 17 economies with data for 2024.
- Is the latest change in net primary income (net income from abroad) (constant LCU) unusual for United States?
- In 2024, United States' net primary income (net income from abroad) (constant LCU) fell 81.37 billion on 2023 (from 74.35 billion to -7.01 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +798.07 million and a typical year strayed about 33.66 billion from that (the standard deviation). This year's change was 2.4 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NY.GSR.NFCY.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) 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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