Balance of Payments: Primary Income: Expenditure for OECD
OECDB6DBPI01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,420,684,000,000.00
Year-over-Year Change
49.10%
Date Range
1/1/2005 - 10/1/2024
Summary
The Balance of Payments: Primary Income: Expenditure for OECD trend measures the flow of income payments made by residents of a country to non-residents. This indicator is a key component of a country's international investment position and current account balance.
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
Primary income represents the return that a country's residents earn on their foreign investments, such as interest, dividends, and worker compensation. This metric helps economists assess a nation's international financial position and competitiveness in global markets.
Methodology
The data is collected and compiled by the OECD from national statistical agencies.
Historical Context
Policymakers and analysts use this indicator to monitor a country's economic relationships and financial standing in the global economy.
Key Facts
- OECD countries account for over 60% of global GDP.
- Primary income expenditure represents about 2% of OECD GDP on average.
- The U.S. has run a primary income deficit since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the flow of income payments made by residents of OECD countries to non-residents, such as interest, dividends, and worker compensation.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key component of a country's international investment position and current account balance, helping assess its financial standing and competitiveness in global markets.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the OECD from national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to monitor a country's economic relationships and financial standing in the global economy.
Q: Are there update delays or limitations?
A: The data is updated quarterly with a lag of several months.
Related Trends
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 24 Years for OECD
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Balance of Payments: Primary Income: Revenue for OECD
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 25 to 54 Years for OECD
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Consumer Price Index: All Items: Total
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Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for OECD
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Production: Manufacturing: Total
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Citation
U.S. Federal Reserve, Balance of Payments: Primary Income: Expenditure for OECD (OECDB6DBPI01CXCUQ), retrieved from FRED.