Primary Income, Net

Primary Income, Net (also referred to as net factor payments) is the difference between income received by residents from abroad and income paid to non-residents for the use of factors of production such as labor and capital. It includes wages, interest, dividends, and reinvested earnings, and is recorded in the current account of the balance of payments, reflecting the net return on international labor and investment. This Inter-American Development Bank (IDB) indicator is part of the Latin Macro Watch, the IDB's harmonized macroeconomic database for Latin America and the Caribbean.

Coverage

Data are available for 25 countries across Latin America and the Caribbean at annual, monthly, and quarterly frequency, covering 1991–2026. Values can be viewed in millions of USD, as a percentage of GDP, as a share of total exports or imports, seasonally adjusted, year-to-date (YTD), or on a fiscal-year (Q4–Q3) basis, with moving-average (MA3, MA6, MA12) and growth-rate (MoM %, QoQ %, YoY %) transformations.

Sources

Figures are compiled from official national authorities, including Banco Central do Brasil, Banco de Mexico (Banxico), Banco Central de Chile, Banco Central de la República Argentina, and Banco Central de Reserva del Perú, among other central banks and statistics agencies in the region.

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Format	CSV
Language	en
Country	Argentina Bahamas Trinidad & Tobago Belize Costa Rica Dominican Republic Ecuador Bolivia Brazil Chile Colombia El Salvador Jamaica Mexico Nicaragua Guatemala Guyana Haiti Honduras Panama Uruguay Venezuela Barbados Paraguay Peru Suriname
Data notes	What does Primary Income, Net measure? It measures the difference between income received by residents from abroad and income paid to non-residents for the use of factors of production such as labor and capital, including wages, interest, dividends, and reinvested earnings. It is recorded in the current account of the balance of payments. How many countries and time periods are covered? The indicator covers 25 countries across Latin America and the Caribbean, with annual, monthly, and quarterly frequencies spanning 1991 to 2026. What units and transformations are available? Values are available in millions of USD, as a percentage of GDP, as a share of total exports or imports, seasonally adjusted, year-to-date, or on a fiscal-year basis, with moving averages (MA3, MA6, MA12) and growth rates (MoM %, QoQ %, YoY %). Where does the data come from? Data are compiled from official national authorities such as Banco Central do Brasil, Banco de Mexico (Banxico), Banco Central de Chile, Banco Central de la República Argentina, and Banco Central de Reserva del Perú, harmonized by the IDB in the Latin Macro Watch. How is this indicator typically used? Economists and policymakers use it to analyze the current account, assess net returns on international labor and investment, and study external income flows across Latin America and the Caribbean. How do I cite this indicator? Cite as: Inter-American Development Bank (IDB), Latin Macro Watch — "Primary Income, Net." data.iadb.org/dataset/latin-macro-watch-dataset.