Net secondary income (Net current transfers from abroad) in Canada

Canada: Net secondary income (Net current transfers from abroad) was -23.56 billion constant LCU in 2013. ◆ Volatile

Latest (2013)
-23.56 billion constant LCU
Change on year
up 16.1%
World rank
117th
of 125 countries
All-time high
-4.31 billion constant LCU
in 1960
All-time low
-40.08 billion constant LCU
in 1999
Years of data
54
1960–2013

Net secondary income (Net current transfers from abroad) in Canada, 1960–2013

-40.0B-30.0B-20.0B-10.0B0196019862013

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.

Analysis

In 2013, net secondary income (net current transfers from abroad) in Canada stood at -23.56 billion constant LCU.

That represents a change of up 16.1% on the previous year and up 28.4% over ten years.

Over the whole period, net secondary income (net current transfers from abroad) in Canada peaked at -4.31 billion constant LCU in 1960 and was at its lowest, -40.08 billion constant LCU, in 1999.

That places Canada 117th out of 125 countries with data for 2013, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s -5.97 billion constant LCU -7.20 billion constant LCU -4.31 billion constant LCU 10
1970s -10.89 billion constant LCU -19.24 billion constant LCU -7.10 billion constant LCU 10
1980s -25.96 billion constant LCU -32.44 billion constant LCU -19.57 billion constant LCU 10
1990s -34.86 billion constant LCU -40.08 billion constant LCU -30.66 billion constant LCU 10
2000s -28.70 billion constant LCU -35.94 billion constant LCU -21.80 billion constant LCU 10
2010s -27.29 billion constant LCU -29.15 billion constant LCU -23.56 billion constant LCU 4

Countries ranked near Canada

  1. 114 United Kingdom -16.01 billion constant LCU compare
  2. 115 Algeria -17.70 billion constant LCU compare
  3. 116 South Africa -20.25 billion constant LCU compare
  4. 118 Iceland -31.13 billion constant LCU compare
  5. 119 China -32.38 billion constant LCU compare
  6. 120 Russia -38.02 billion constant LCU compare

See the full ranking of 125 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is net secondary income (net current transfers from abroad) in Canada?
Net secondary income (net current transfers from abroad) in Canada was -23.56 billion constant LCU in 2013, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest net secondary income (net current transfers from abroad) recorded in Canada?
The highest recorded value was -4.31 billion constant LCU in 1960.
What is the lowest net secondary income (net current transfers from abroad) recorded in Canada?
The lowest recorded value was -40.08 billion constant LCU in 1999.
How does Canada rank for net secondary income (net current transfers from abroad)?
Canada ranks 117th out of 125 countries with data for 2013.
Is net secondary income (net current transfers from abroad) rising or falling in Canada?
Over the last ten years it is up 28.4%. The long-run trend across the full record is volatile.
Where does this Canada data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net secondary income (Net current transfers from abroad) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
125 places, 3,676 data points, 1960–2013
Last refreshed

Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.