Canada vs Iceland: Net secondary income (Net current transfers from abroad)
Net secondary income (Net current transfers from abroad) over time
- Canada
- Iceland
How they compare
Canada currently reports -23.56 billion constant LCU against -31.13 billion constant LCU in Iceland, a difference of 7.57 billion constant LCU.
The two have swapped places 1 time across 54 shared years of data; in 1960 it was Iceland ahead.
Canada ranks 117th and Iceland ranks 118th of 125 countries.
Across the 6 decades both report, Canada averaged higher in 2 and Iceland in 4.
Head to head by decade
| Decade | Canada | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -5.97 billion constant LCU | -681.62 million constant LCU | 5.29 billion constant LCU | Iceland |
| 1970s | -10.89 billion constant LCU | -4.19 billion constant LCU | 6.70 billion constant LCU | Iceland |
| 1980s | -25.96 billion constant LCU | -17.78 billion constant LCU | 8.18 billion constant LCU | Iceland |
| 1990s | -34.86 billion constant LCU | -17.06 billion constant LCU | 17.80 billion constant LCU | Iceland |
| 2000s | -28.70 billion constant LCU | -71.81 billion constant LCU | 43.11 billion constant LCU | Canada |
| 2010s | -27.29 billion constant LCU | -119.80 billion constant LCU | 92.51 billion constant LCU | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income (net current transfers from abroad), Canada or Iceland?
- Canada, at -23.56 billion constant LCU against -31.13 billion constant LCU in Iceland as of 2013.
- What is the difference in net secondary income (net current transfers from abroad) between Canada and Iceland?
- 7.57 billion constant LCU, with Canada ahead.
- How many years of comparable data are there for Canada and Iceland?
- 54 years are reported by both, from 1960 to 2013.
- How do Canada and Iceland rank globally for net secondary income (net current transfers from abroad)?
- Canada ranks 117th and Iceland ranks 118th of 125 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Net secondary income (Net current transfers from abroad) (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 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.