Net secondary income (Net current transfers from abroad) in Belgium
Belgium: Net secondary income (Net current transfers from abroad) was -10.14 billion current LCU in 2024. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Belgium, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for net secondary income (net current transfers from abroad) in Belgium is -10.14 billion current LCU, measured in 2024. That is the lowest value across all 55 years on record.
The figure is down 26.3% on the previous year and down 107.7% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Belgium peaked at -171.33 million current LCU in 1970 and was at its lowest, -10.14 billion current LCU, in 2024.
That places Belgium 171st out of 202 countries with data for 2024, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -355.88 million current LCU | -518.48 million current LCU | -171.33 million current LCU | 10 |
| 1980s | -1.15 billion current LCU | -1.42 billion current LCU | -792.72 million current LCU | 10 |
| 1990s | -2.20 billion current LCU | -2.91 billion current LCU | -1.39 billion current LCU | 10 |
| 2000s | -3.74 billion current LCU | -4.88 billion current LCU | -2.58 billion current LCU | 10 |
| 2010s | -4.91 billion current LCU | -5.98 billion current LCU | -3.50 billion current LCU | 10 |
| 2020s | -7.40 billion current LCU | -10.14 billion current LCU | -5.76 billion current LCU | 5 |
Countries ranked near Belgium
More economy & growth data for Belgium
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -10.98 billion current US$ (2024)
- Taxes less subsidies on products 60.55 billion current LCU (2025)
- Taxes less subsidies on products 68.42 billion current US$ (2025)
- Net primary income (Net income from abroad) 10.13 billion current LCU (2024)
- Net primary income (Net income from abroad) 10.96 billion current US$ (2024)
- GNI per capita 54,441 current LCU (2025)
- GNI per capita, Atlas method 59,500 current US$ (2025)
- GNI 650.12 billion current LCU (2025)
- GNI 734.63 billion current US$ (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Belgium?
- Net secondary income (net current transfers from abroad) in Belgium was -10.14 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Belgium?
- The highest recorded value was -171.33 million current LCU in 1970.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Belgium?
- The lowest recorded value was -10.14 billion current LCU in 2024.
- How does Belgium rank for net secondary income (net current transfers from abroad)?
- Belgium ranks 171st out of 202 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in Belgium?
- Over the last ten years it is down 107.7%. The long-run trend across the full record is volatile.
- Where does this Belgium 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) (current LCU). Statizoid updates them automatically from the source API.
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About this data
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.