Cayman Islands vs Luxembourg: Net secondary income
Net secondary income over time
- Cayman Islands
- Luxembourg
How they compare
Cayman Islands currently reports -455.88 million BoP, current US$ against -682.48 million BoP, current US$ in Luxembourg, a difference of 226.60 million BoP, current US$.
The two have swapped places 1 time across 9 shared years of data; in 2016 it was Luxembourg ahead.
Cayman Islands ranks 159th and Luxembourg ranks 162nd of 199 countries.
Luxembourg has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cayman Islands | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -614.93 million BoP, current US$ | 108.34 million BoP, current US$ | 723.27 million BoP, current US$ | Luxembourg |
| 2020s | -409.24 million BoP, current US$ | -318.03 million BoP, current US$ | 91.21 million BoP, current US$ | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income, Cayman Islands or Luxembourg?
- Cayman Islands, at -455.88 million BoP, current US$ against -682.48 million BoP, current US$ in Luxembourg as of 2024.
- What is the difference in net secondary income between Cayman Islands and Luxembourg?
- 226.60 million BoP, current US$, with Cayman Islands ahead.
- How many years of comparable data are there for Cayman Islands and Luxembourg?
- 9 years are reported by both, from 2016 to 2024.
- How do Cayman Islands and Luxembourg rank globally for net secondary income?
- Cayman Islands ranks 159th and Luxembourg ranks 162nd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net secondary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 indicator is expressed in United States dollars.