Iceland vs South Africa: Net secondary income (Net current transfers from abroad)
Net secondary income (Net current transfers from abroad) over time
- Iceland
- South Africa
How they compare
South Africa currently reports -20.25 billion constant LCU against -31.13 billion constant LCU in Iceland, a difference of 10.87 billion constant LCU.
The two have swapped places 2 times across 53 shared years of data; in 1960 it was South Africa ahead.
Iceland ranks 118th and South Africa ranks 116th of 125 countries.
South Africa has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -681.62 million constant LCU | 990.71 million constant LCU | 1.67 billion constant LCU | South Africa |
| 1970s | -4.19 billion constant LCU | 57.98 million constant LCU | 4.25 billion constant LCU | South Africa |
| 1980s | -17.78 billion constant LCU | -1.50 billion constant LCU | 16.28 billion constant LCU | South Africa |
| 1990s | -17.06 billion constant LCU | -5.26 billion constant LCU | 11.80 billion constant LCU | South Africa |
| 2000s | -71.81 billion constant LCU | -12.12 billion constant LCU | 59.69 billion constant LCU | South Africa |
| 2010s | -149.36 billion constant LCU | -14.06 billion constant LCU | 135.30 billion constant LCU | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income (net current transfers from abroad), Iceland or South Africa?
- South Africa, at -20.25 billion constant LCU against -31.13 billion constant LCU in Iceland as of 2012.
- What is the difference in net secondary income (net current transfers from abroad) between Iceland and South Africa?
- 10.87 billion constant LCU, with South Africa ahead.
- How many years of comparable data are there for Iceland and South Africa?
- 53 years are reported by both, from 1960 to 2012.
- How do Iceland and South Africa rank globally for net secondary income (net current transfers from abroad)?
- Iceland ranks 118th and South Africa ranks 116th 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.