Primary income balance (credit less debit), Net (credits less debits) in Western Hemisphere
Western Hemisphere: Primary income balance (credit less debit), Net (credits less debits) was -237.17 billion in 2024. ▼ Falling
Primary income balance (credit less debit), Net (credits less debits) in Western Hemisphere, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, primary income balance (credit less debit), net (credits less debits) in Western Hemisphere stood at -237.17 billion. That is the lowest value across all 20 years on record.
Compared with earlier readings it is down 9.0% on the previous year and down 48.2% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Western Hemisphere peaked at -81.00 billion in 2005 and was at its lowest, -237.17 billion, in 2024.
The long-run direction has been consistently falling across the 20 years of available data.
Primary income balance (credit less debit), Net (credits less debits) in Western Hemisphere, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -81.00 billion | — |
| 2006 | -91.72 billion | +13.2% |
| 2007 | -98.25 billion | +7.1% |
| 2008 | -112.34 billion | +14.3% |
| 2009 | -105.34 billion | -6.2% |
| 2010 | -154.66 billion | +46.8% |
| 2011 | -181.11 billion | +17.1% |
| 2012 | -178.96 billion | -1.2% |
| 2013 | -158.06 billion | -11.7% |
| 2014 | -160.02 billion | +1.2% |
| 2015 | -127.94 billion | -20.0% |
| 2016 | -135.47 billion | +5.9% |
| 2017 | -153.03 billion | +13.0% |
| 2018 | -182.15 billion | +19.0% |
| 2019 | -174.31 billion | -4.3% |
| 2020 | -139.23 billion | -20.1% |
| 2021 | -180.53 billion | +29.7% |
| 2022 | -187.84 billion | +4.0% |
| 2023 | -217.67 billion | +15.9% |
| 2024 | -237.17 billion | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -97.73 billion | -112.34 billion | -81.00 billion | 5 |
| 2010s | -160.57 billion | -182.15 billion | -127.94 billion | 10 |
| 2020s | -192.49 billion | -237.17 billion | -139.23 billion | 5 |
Countries ranked near Western Hemisphere
More financial sector data for Western Hemisphere
- Reserve position in the IMF, US dollar, annual growth rate 10.74 % change on previous year (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.45 % change on previous year (2025)
- Reserve tranche position, US dollar, annual growth rate 10.74 % change on previous year (2025)
- Reserve tranche position, SDR, annual growth rate 5.45 % change on previous year (2025)
- Reserve tranche position, US dollar 10.45 billion (2025)
- Use of IMF Credit and Loans, Percent of quota per annum 141.16 (2025)
- Use of IMF Credit and Loans, US dollar 72.94 billion (2025)
- Use of IMF Credit and Loans, SDR 53.26 billion (2025)
- Reserve position in the IMF, US dollar 10.45 billion (2025)
- Reserve position in the IMF, SDR 7.63 billion (2025)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in Western Hemisphere?
- Primary income balance (credit less debit), net (credits less debits) in Western Hemisphere was -237.17 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Western Hemisphere?
- The highest recorded value was -81.00 billion in 2005.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Western Hemisphere?
- The lowest recorded value was -237.17 billion in 2024.
- How does Western Hemisphere rank for primary income balance (credit less debit), net (credits less debits)?
- Western Hemisphere ranks 6th out of 9 groups with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Western Hemisphere?
- Over the last ten years it is down 48.2%. The long-run trend across the full record is falling.
- Where does this Western Hemisphere data come from?
- The figures come from International Monetary Fund, published as part of Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.