Secondary income balance (credit less debit), Net (credits less) in Advanced economies

Advanced economies: Secondary income balance (credit less debit), Net (credits less) was -532.74 billion in 2024. ▼ Falling

Latest (2024)
-532.74 billion
Change on year
down 7.7%
Rank
9th
of 9 groups
All-time high
-253.78 billion
in 2005
All-time low
-532.74 billion
in 2024
Years of data
20
2005–2024

Secondary income balance (credit less debit), Net (credits less) in Advanced economies, 2005–2024

-500.0B-400.0B-300.0B2005201420242005: -253.8B2006: -259.3B2007: -312.7B2008: -334.6B2009: -334.2B2010: -349.8B2011: -359.8B2012: -358.8B2013: -374.1B2014: -390.2B2015: -346.7B2016: -352.5B2017: -353.1B2018: -390.5B2019: -383.6B2020: -418.3B2021: -426.8B2022: -463.9B2023: -494.8B2024: -532.7B

Source: International Monetary Fund.

Analysis

In 2024, secondary income balance (credit less debit), net (credits less) in Advanced economies stood at -532.74 billion. That is the lowest value across all 20 years on record.

That represents a change of down 7.7% on the previous year and down 36.5% over ten years.

Over the whole period, secondary income balance (credit less debit), net (credits less) in Advanced economies peaked at -253.78 billion in 2005 and was at its lowest, -532.74 billion, in 2024.

The long-run direction has been consistently falling across the 20 years of available data.

Secondary income balance (credit less debit), Net (credits less) in Advanced economies, year by year

Annual values for Secondary income balance (credit less debit), Net (credits less debits) (US dollar) in Advanced economies, 2005 to 2024.
Year Value Change
2005 -253.78 billion
2006 -259.33 billion +2.2%
2007 -312.73 billion +20.6%
2008 -334.63 billion +7.0%
2009 -334.16 billion -0.1%
2010 -349.83 billion +4.7%
2011 -359.84 billion +2.9%
2012 -358.84 billion -0.3%
2013 -374.14 billion +4.3%
2014 -390.23 billion +4.3%
2015 -346.67 billion -11.2%
2016 -352.49 billion +1.7%
2017 -353.15 billion +0.2%
2018 -390.51 billion +10.6%
2019 -383.62 billion -1.8%
2020 -418.25 billion +9.0%
2021 -426.80 billion +2.0%
2022 -463.91 billion +8.7%
2023 -494.81 billion +6.7%
2024 -532.74 billion +7.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s -298.93 billion -334.63 billion -253.78 billion 5
2010s -365.93 billion -390.51 billion -346.67 billion 10
2020s -467.30 billion -532.74 billion -418.25 billion 5

Countries ranked near Advanced economies

  1. 6 Bangladesh 27.60 billion compare
  2. 7 Nigeria 24.04 billion compare
  3. 8 Ukraine 23.39 billion compare
  4. 9 Guatemala 22.49 billion compare
  5. 10 Colombia 15.51 billion compare
  6. 11 China 14.99 billion compare
  7. 12 Morocco 13.80 billion compare

See the full ranking of 206 places →

More financial sector data for Advanced economies

All data for Advanced economies →

Frequently asked questions

What is secondary income balance (credit less debit), net (credits less) in Advanced economies?
Secondary income balance (credit less debit), net (credits less) in Advanced economies was -532.74 billion in 2024, according to International Monetary Fund.
What is the highest secondary income balance (credit less debit), net (credits less) recorded in Advanced economies?
The highest recorded value was -253.78 billion in 2005.
What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Advanced economies?
The lowest recorded value was -532.74 billion in 2024.
How does Advanced economies rank for secondary income balance (credit less debit), net (credits less)?
Advanced economies ranks 9th out of 9 groups with data for 2024.
Is secondary income balance (credit less debit), net (credits less) rising or falling in Advanced economies?
Over the last ten years it is down 36.5%. The long-run trend across the full record is falling.
Where does this Advanced economies data come from?
The figures come from International Monetary Fund, published as part of Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.

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Secondary income balance (credit less debit), Net (credits less) in Advanced economies. Statizoid, drawing on International Monetary Fund. Retrieved 05 September 2026, from https://financial-sector.statizoid.com/stat/secondary-income-balance-credit-less-debit-net-credits-less-debits-us-dollar/advanced-economies/

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About this data

Indicator
Secondary income balance (credit less debit), Net (credits less debits) (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
206 places, 3,849 data points, 2005–2024
Last refreshed

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.