Ireland vs Luxembourg: Net secondary income (Net current transfers from abroad)
Net secondary income (Net current transfers from abroad) over time
- Ireland
- Luxembourg
How they compare
Luxembourg currently reports 1.34 constant LCU against 0.984 constant LCU in Ireland, a difference of 0.356 constant LCU.
That makes Luxembourg's figure about 1.4 times Ireland's.
The two have swapped places 1 time across 44 shared years of data; in 1970 it was Ireland ahead.
Ireland ranks 98th and Luxembourg ranks 96th of 125 countries.
Across the 5 decades both report, Ireland averaged higher in 1 and Luxembourg in 4.
Head to head by decade
| Decade | Ireland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.01 billion constant LCU | -1.97 billion constant LCU | 2.98 billion constant LCU | Ireland |
| 1980s | -2.84 billion constant LCU | -684.23 million constant LCU | 2.16 billion constant LCU | Luxembourg |
| 1990s | -8.12 billion constant LCU | -1.31 billion constant LCU | 6.80 billion constant LCU | Luxembourg |
| 2000s | -22.44 billion constant LCU | -5.70 billion constant LCU | 16.74 billion constant LCU | Luxembourg |
| 2010s | -22.06 billion constant LCU | -7.78 billion constant LCU | 14.27 billion constant LCU | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income (net current transfers from abroad), Ireland or Luxembourg?
- Luxembourg, at 1.34 constant LCU against 0.984 constant LCU in Ireland as of 2013.
- What is the difference in net secondary income (net current transfers from abroad) between Ireland and Luxembourg?
- 0.356 constant LCU, with Luxembourg ahead.
- How many years of comparable data are there for Ireland and Luxembourg?
- 44 years are reported by both, from 1970 to 2013.
- How do Ireland and Luxembourg rank globally for net secondary income (net current transfers from abroad)?
- Ireland ranks 98th 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.
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.