Cyprus vs Luxembourg: Net secondary income (Net current transfers from abroad)
Net secondary income (Net current transfers from abroad) over time
- Cyprus
- Luxembourg
How they compare
Luxembourg currently reports 1.34 constant LCU against -31.86 million constant LCU in Cyprus, a difference of 31.86 million constant LCU.
Across all 29 years both countries report, Cyprus has been ahead every year.
Cyprus ranks 99th and Luxembourg ranks 96th of 125 countries.
Cyprus has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cyprus | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 115.32 million constant LCU | -684.23 million constant LCU | 799.55 million constant LCU | Cyprus |
| 1990s | 46.15 million constant LCU | -1.31 billion constant LCU | 1.36 billion constant LCU | Cyprus |
| 2000s | 83.84 million constant LCU | -5.13 billion constant LCU | 5.22 billion constant LCU | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income (net current transfers from abroad), Cyprus or Luxembourg?
- Luxembourg, at 1.34 constant LCU against -31.86 million constant LCU in Cyprus as of 2013.
- What is the difference in net secondary income (net current transfers from abroad) between Cyprus and Luxembourg?
- 31.86 million constant LCU, with Luxembourg ahead.
- How many years of comparable data are there for Cyprus and Luxembourg?
- 29 years are reported by both, from 1980 to 2008.
- How do Cyprus and Luxembourg rank globally for net secondary income (net current transfers from abroad)?
- Cyprus ranks 99th and Luxembourg ranks 96th 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.
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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 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.