Secondary income balance (credit less debit), Net (credits less) in United Kingdom
United Kingdom: Secondary income balance (credit less debit), Net (credits less) was -23.39 billion in 2024. ▼ Falling
Secondary income balance (credit less debit), Net (credits less) in United Kingdom, 2005–2024
Source: International Monetary Fund.
Analysis
United Kingdom recorded -23.39 billion for secondary income balance (credit less debit), net (credits less) in 2024.
The figure is up 6.6% on the previous year and up 40.7% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in United Kingdom peaked at -22.63 billion in 2006 and was at its lowest, -40.49 billion, in 2013.
United Kingdom ranks 192nd of 197 countries on this measure, in the bottom quarter.
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 United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -22.93 billion | — |
| 2006 | -22.63 billion | -1.3% |
| 2007 | -27.03 billion | +19.4% |
| 2008 | -25.75 billion | -4.8% |
| 2009 | -23.69 billion | -8.0% |
| 2010 | -31.09 billion | +31.2% |
| 2011 | -33.42 billion | +7.5% |
| 2012 | -33.16 billion | -0.8% |
| 2013 | -40.49 billion | +22.1% |
| 2014 | -39.47 billion | -2.5% |
| 2015 | -36.72 billion | -7.0% |
| 2016 | -32.48 billion | -11.5% |
| 2017 | -28.83 billion | -11.3% |
| 2018 | -34.05 billion | +18.1% |
| 2019 | -34.05 billion | -0.0% |
| 2020 | -36.53 billion | +7.3% |
| 2021 | -25.42 billion | -30.4% |
| 2022 | -28.19 billion | +10.9% |
| 2023 | -25.03 billion | -11.2% |
| 2024 | -23.39 billion | -6.6% |
United Kingdom compared with similar countries
- United Kingdom's -23.39 billion is below the median for high income countries, which is -347.77 million, 67.3× the median. (72 countries reporting)
- United Kingdom's -23.39 billion is below the median for Europe & Central Asia, which is -31.75 million, 736.6× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -24.41 billion | -27.03 billion | -22.63 billion | 5 |
| 2010s | -34.38 billion | -40.49 billion | -28.83 billion | 10 |
| 2020s | -27.71 billion | -36.53 billion | -23.39 billion | 5 |
Countries ranked near United Kingdom
More financial sector data for United Kingdom
- Reserve position in the IMF, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 104.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.29 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 76.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 104.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.29 % change on previous year (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in United Kingdom?
- Secondary income balance (credit less debit), net (credits less) in United Kingdom was -23.39 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in United Kingdom?
- The highest recorded value was -22.63 billion in 2006.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in United Kingdom?
- The lowest recorded value was -40.49 billion in 2013.
- How does United Kingdom rank for secondary income balance (credit less debit), net (credits less)?
- United Kingdom ranks 192nd out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in United Kingdom?
- Over the last ten years it is up 40.7%. The long-run trend across the full record is falling.
- Where does this United Kingdom 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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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.