Upper middle income's portfolio equity, net inflows (BoP, current US$) was US$27.9 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 32.61% from US$21.04 billion in 2015 (2.86% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$27.9 billion | 2025 |
| Five years earlier | US$48.95 billion | 2020 |
| Ten years earlier | US$21.04 billion | 2015 |
| Highest | US$101.45 billion | 2010 |
| Lowest | −US$34.94 billion | 2024 |
| Average since 2016 | US$36.29 billion | 2016–2025 |
| First recorded | US$0 |
What the numbers say
In 2025, Upper middle income's portfolio equity, net inflows (BoP, current US$) rose US$62.83 billion on 2024 (from −US$34.94 billion to US$27.9 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was −US$1.8 billion and a typical year strayed about US$41.67 billion from that (the standard deviation). This year's change was 1.6 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 US$121.5 billion in 2009 and the biggest yearly fall was US$109.54 billion in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about US$6.34 billion a year. A straight line explains 37% 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 | |
|---|---|---|
| Upper middle income | US$27.9 billion | 2025 |
| World | US$1.88 trillion | 2025 |
What this measures
Portfolio equity includes net inflows from equity securities other than those recorded as direct investment and including shares, stocks, depository receipts (American or global), and direct purchases of shares in local stock markets by foreign investors. Data are in current U.S. dollars.
Limitations: Portfolio investors typically have less of a role in the decision making of the enterprise with potentially important implications for future flows and for the volatility of the price and volume of positions. Portfolio investment differs from other investment in that it provides a direct way to access financial markets, and thus it can provide liquidity and flexibility. It is associated with financial markets and with their specialized service providers, such as exchanges, dealers, and regulators. The nature of financial derivatives as instruments through which risk is traded in its own right in financial markets sets them apart from other types of investment.
Regional and income-group figures are computed by the World Bank as a sum.
All 66 values
| Year | Portfolio equity, net inflows (BoP, current US$) |
|---|---|
| 2025 | 27,896,877,724 |
| 2024 | -34,938,089,782 |
| 2023 | 3,111,231,387 |
| 2022 | 51,726,182,571 |
| 2021 | 66,477,696,427 |
| 2020 | 48,950,327,613 |
| 2019 | 38,409,121,935 |
| 2018 | 45,237,070,022 |
| 2017 | 72,672,607,203 |
| 2016 | 43,357,145,237 |
Portfolio equity, net inflows (BoP, current US$) in nearby economies
- Bahrain — US$3.41 billion (2024)
- Egypt, Arab Rep. — −US$58.5 million (2025)
- Iraq — US$900,000 (2025)
- Israel — US$4.91 billion (2025)
- Jordan — −US$82.96 million (2024)
- Kuwait — US$3.56 billion (2025)
- Lebanon — US$76.07 million (2023)
- Malta — US$3.61 billion (2024)
- Morocco — −US$398.9 million (2025)
- Oman — US$192.72 million (2025)
More economic policy & debt data for Upper middle income
- Charges for the use of intellectual property, payments (BoP, current US$) — US$95.94 billion (2025)
- Exports of goods and services (current US$) — US$8.68 trillion (2025)
- Exports of goods and services (% of GDP) — 25.88% (2025)
- Imports of goods and services (current US$) — US$7.97 trillion (2025)
- Imports of goods and services (% of GDP) — 23.76% (2025)
- External balance on goods and services (% of GDP) — 2.12% (2025)
- Trade (% of GDP) — 48.9% (2025)
- Agriculture, forestry, and fishing, value added (current US$) — US$2.31 trillion (2025)
Reading data like this
Questions people ask
- What is Upper middle income's portfolio equity, net inflows (BoP, current US$)?
- US$27.9 billion in 2025, according to the World Bank (World Development Indicators).
- Is the latest change in portfolio equity, net inflows (BoP, current US$) unusual for Upper middle income?
- In 2025, Upper middle income's portfolio equity, net inflows (BoP, current US$) rose US$62.83 billion on 2024 (from −US$34.94 billion to US$27.9 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was −US$1.8 billion and a typical year strayed about US$41.67 billion from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Balance of Payments database, International Monetary Fund (IMF); International Debt Statistics, World Bank (WB).
Source
World Bank, World Development Indicators, indicator BX.PEF.TOTL.CD.WD, licensed CC BY 4.0. Original source: Balance of Payments database, International Monetary Fund (IMF); International Debt Statistics, 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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