Balance of Payments: Primary Income: Balance (Revenue Minus Expenditure) for OECD
OECDB6BLPI01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42,507,010,000.00
Year-over-Year Change
-58.27%
Date Range
1/1/2005 - 10/1/2024
Summary
The Balance of Payments: Primary Income Balance measures the net revenue from international investment and labor income. It is a key indicator of a country's external financial position and global competitiveness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Primary Income Balance tracks a country's net income from cross-border sources, including investment returns, worker compensation, and other factor payments. It provides insight into a nation's financial linkages and ability to generate income from abroad.
Methodology
The data is compiled by the OECD from national balance of payments statistics.
Historical Context
This metric is widely used by policymakers and economists to assess a country's external sector performance and international competitiveness.
Key Facts
- The Primary Income Balance represents 10-15% of total current account flows for OECD countries.
- A surplus indicates a country earns more from foreign investment and labor than it pays out.
- The U.S. has run a consistent primary income deficit, reflecting its large net international debtor position.
FAQs
Q: What does this economic trend measure?
A: The Primary Income Balance tracks a country's net income from cross-border sources, such as investment returns, worker compensation, and other factor payments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into a nation's financial linkages and ability to generate income from abroad, which is a key indicator of its external financial position and global competitiveness.
Q: How is this data collected or calculated?
A: The data is compiled by the OECD from national balance of payments statistics.
Q: How is this trend used in economic policy?
A: The Primary Income Balance is widely used by policymakers and economists to assess a country's external sector performance and international competitiveness.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
Related Trends
National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for OECD
OECDNAGIGP01IXOBSAQ
Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for OECD
OECDLREM55FESTSAQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: 15 Years or over for OECD
OECDLFINTTTTSTQ
Balance of Payments: Portfolio Investment: Assets (or Net Acquisition of Assets) for OECD
OECDB6FAPI02CXCUQ
Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 24 Years for OECD
OECDLRIN24MASTQ
Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for OECD
OECDLFEM25TTGPQ
Citation
U.S. Federal Reserve, Balance of Payments: Primary Income: Balance (Revenue Minus Expenditure) for OECD (OECDB6BLPI01CXCUQ), retrieved from FRED.