World's secondary income, other sectors, payments (BoP, current US$) was US$1.27 trillion in 2024, the latest year in the World Bank's World Development Indicators. That is up 64.66% from US$772.14 billion in 2014 (5.11% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.27 trillion | 2024 |
| Five years earlier | US$868.57 billion | 2019 |
| Ten years earlier | US$772.14 billion | 2014 |
| Highest | US$1.27 trillion | 2024 |
| Lowest | US$297.33 billion | 2002 |
| Average since 2015 | US$939.02 billion | 2015–2024 |
| First recorded | US$297.33 billion |
What the numbers say
In 2024, World's secondary income, other sectors, payments (BoP, current US$) rose 8.3% on 2023 (from US$1.17 trillion to US$1.27 trillion).
Across the 21 yearly changes before that (2003 to 2023), the average change was +7% and a typical year strayed about 7.2% from that (the standard deviation). This year's change was 0.2 standard deviations above 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 17% in 2003 and the biggest yearly fall was 6.1% in 2009. 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$54.16 billion a year. A straight line explains 90% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
What this measures
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 23 values
| Year | Secondary income, other sectors, payments (BoP, current US$) |
|---|---|
| 2024 | 1,271,396,757,277 |
| 2023 | 1,173,478,910,916 |
| 2022 | 1,012,449,803,982 |
| 2021 | 966,763,840,088 |
| 2020 | 890,506,801,984 |
| 2019 | 868,567,402,066 |
| 2018 | 873,797,792,432 |
| 2017 | 854,411,603,957 |
| 2016 | 748,430,309,167 |
| 2015 | 730,359,209,948 |
Secondary income, other sectors, payments (BoP, current US$) in nearby economies
- Afghanistan — US$339.18 million (2020)
- Algeria — US$235.89 million (2025)
- Bahrain — US$2.55 billion (2025)
- Djibouti — US$18.16 million (2024)
- Egypt, Arab Rep. — US$756.1 million (2025)
- Iraq — US$646.9 million (2025)
- Israel — US$9.49 billion (2025)
- Jordan — US$633.38 million (2024)
- Kuwait — US$16.83 billion (2025)
More economic policy & debt data for World
- Charges for the use of intellectual property, payments (BoP, current US$) — US$753.95 billion (2025)
- Portfolio equity, net inflows (BoP, current US$) — US$1.88 trillion (2025)
- GDP (current US$) — US$118.35 trillion (2025)
- GDP (constant 2015 US$) — US$99.66 trillion (2025)
- GDP per capita (current US$) — US$14,406 (2025)
- GDP per capita (constant 2015 US$) — US$12,131 (2025)
- GNI (current US$) — US$117.7 trillion (2025)
- GDP (annual % growth) — 2.92% (2025)
- GDP per capita (annual % growth) — 1.99% (2025)
- Charges for the use of intellectual property, receipts (BoP, current US$)
Reading data like this
Questions people ask
- What is World's secondary income, other sectors, payments (BoP, current US$)?
- US$1.27 trillion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is up 327.61% from US$297.33 billion in 2002 (6.83% a year on average, compounded). The highest value was US$1.27 trillion in 2024 and the lowest US$297.33 billion in 2002.
- Is the latest change in secondary income, other sectors, payments (BoP, current US$) unusual for World?
- In 2024, World's secondary income, other sectors, payments (BoP, current US$) rose 8.3% on 2023 (from US$1.17 trillion to US$1.27 trillion). Across the 21 yearly changes before that (2003 to 2023), the average change was +7% and a typical year strayed about 7.2% from that (the standard deviation). This year's change was 0.2 standard deviations above 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 BM.TRF.PRVT.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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