Secondary income balance (credit less debit), Net (credits less) in Western Hemisphere

Western Hemisphere: Secondary income balance (credit less debit), Net (credits less) was 173.62 billion in 2024. ▲ Rising

Latest (2024)
173.62 billion
Change on year
up 6.3%
Rank
3rd
of 9 groups
All-time high
173.62 billion
in 2024
All-time low
53.29 billion
in 2005
Years of data
20
2005–2024

Secondary income balance (credit less debit), Net (credits less) in Western Hemisphere, 2005–2024

50.0B75.0B100.0B125.0B150.0B175.0B2005201420242005: 53.3B2006: 64.4B2007: 67.7B2008: 68.4B2009: 58.9B2010: 62.3B2011: 64.7B2012: 64.7B2013: 65.1B2014: 69.3B2015: 70.7B2016: 77.1B2017: 83.4B2018: 91.0B2019: 99.5B2020: 106.8B2021: 132.0B2022: 149.2B2023: 163.3B2024: 173.6B

Source: International Monetary Fund.

Analysis

The most recent figure for secondary income balance (credit less debit), net (credits less) in Western Hemisphere is 173.62 billion, measured in 2024. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 6.3% on the previous year and up 150.5% over ten years.

Over the whole period, secondary income balance (credit less debit), net (credits less) in Western Hemisphere peaked at 173.62 billion in 2024 and was at its lowest, 53.29 billion, in 2005.

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

Secondary income balance (credit less debit), Net (credits less) in Western Hemisphere, year by year

Annual values for Secondary income balance (credit less debit), Net (credits less debits) (US dollar) in Western Hemisphere, 2005 to 2024.
Year Value Change
2005 53.29 billion
2006 64.41 billion +20.9%
2007 67.74 billion +5.2%
2008 68.44 billion +1.0%
2009 58.91 billion -13.9%
2010 62.29 billion +5.7%
2011 64.69 billion +3.9%
2012 64.74 billion +0.1%
2013 65.11 billion +0.6%
2014 69.30 billion +6.4%
2015 70.70 billion +2.0%
2016 77.07 billion +9.0%
2017 83.42 billion +8.2%
2018 91.02 billion +9.1%
2019 99.53 billion +9.4%
2020 106.81 billion +7.3%
2021 132.04 billion +23.6%
2022 149.22 billion +13.0%
2023 163.26 billion +9.4%
2024 173.62 billion +6.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 62.56 billion 53.29 billion 68.44 billion 5
2010s 74.79 billion 62.29 billion 99.53 billion 10
2020s 144.99 billion 106.81 billion 173.62 billion 5

Countries ranked near Western Hemisphere

  1. 1 India 120.71 billion compare
  2. 2 Mexico 64.29 billion compare
  3. 3 Pakistan 36.80 billion compare
  4. 4 Philippines 31.69 billion compare
  5. 5 Egypt 29.64 billion compare
  6. 6 Bangladesh 27.60 billion compare

See the full ranking of 206 places →

More financial sector data for Western Hemisphere

All data for Western Hemisphere →

Frequently asked questions

What is secondary income balance (credit less debit), net (credits less) in Western Hemisphere?
Secondary income balance (credit less debit), net (credits less) in Western Hemisphere was 173.62 billion in 2024, according to International Monetary Fund.
What is the highest secondary income balance (credit less debit), net (credits less) recorded in Western Hemisphere?
The highest recorded value was 173.62 billion in 2024.
What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Western Hemisphere?
The lowest recorded value was 53.29 billion in 2005.
How does Western Hemisphere rank for secondary income balance (credit less debit), net (credits less)?
Western Hemisphere ranks 3rd out of 9 groups with data for 2024.
Is secondary income balance (credit less debit), net (credits less) rising or falling in Western Hemisphere?
Over the last ten years it is up 150.5%. The long-run trend across the full record is rising.
Where does this Western Hemisphere 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 Western Hemisphere. Statizoid, drawing on International Monetary Fund. Retrieved 04 September 2026, from https://financial-sector.statizoid.com/stat/secondary-income-balance-credit-less-debit-net-credits-less-debits-us-dollar/western-hemisphere/

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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.