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

Spain: Net secondary income (Net current transfers from abroad) was -7.29 billion constant LCU in 2013. ◆ Volatile

Latest (2013)
-7.29 billion constant LCU
Change on year
up 32.9%
World rank
111th
of 125 countries
All-time high
-50.39 million constant LCU
in 1974
All-time low
-26.43 billion constant LCU
in 2008
Years of data
54
1960–2013

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

-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 Spain stood at -7.29 billion constant LCU.

Compared with earlier readings it is up 32.9% on the previous year and up 26.1% over ten years.

Over the whole period, net secondary income (net current transfers from abroad) in Spain peaked at -50.39 million constant LCU in 1974 and was at its lowest, -26.43 billion constant LCU, in 2008.

Spain ranks 111th of 125 countries on this measure, 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 -1.54 billion constant LCU -3.16 billion constant LCU -722.57 million constant LCU 10
1970s -2.52 billion constant LCU -4.19 billion constant LCU -50.39 million constant LCU 10
1980s -5.85 billion constant LCU -8.18 billion constant LCU -4.29 billion constant LCU 10
1990s -5.68 billion constant LCU -10.99 billion constant LCU -2.91 billion constant LCU 10
2000s -14.94 billion constant LCU -26.43 billion constant LCU -6.53 billion constant LCU 10
2010s -12.36 billion constant LCU -19.14 billion constant LCU -7.29 billion constant LCU 4

Countries ranked near Spain

  1. 108 Netherlands -2.48 billion constant LCU compare
  2. 109 Portugal -3.11 billion constant LCU compare
  3. 110 Mozambique -3.78 billion constant LCU compare
  4. 112 Italy -8.21 billion constant LCU compare
  5. 113 Kazakhstan -15.74 billion constant LCU compare
  6. 114 United Kingdom -16.01 billion constant LCU compare

See the full ranking of 125 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is net secondary income (net current transfers from abroad) in Spain?
Net secondary income (net current transfers from abroad) in Spain was -7.29 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 Spain?
The highest recorded value was -50.39 million constant LCU in 1974.
What is the lowest net secondary income (net current transfers from abroad) recorded in Spain?
The lowest recorded value was -26.43 billion constant LCU in 2008.
How does Spain rank for net secondary income (net current transfers from abroad)?
Spain ranks 111th out of 125 countries with data for 2013.
Is net secondary income (net current transfers from abroad) rising or falling in Spain?
Over the last ten years it is up 26.1%. The long-run trend across the full record is volatile.
Where does this Spain 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.