Italy vs Spain: Net secondary income (Net current transfers from abroad)
Net secondary income (Net current transfers from abroad) over time
- Italy
- Spain
How they compare
Spain currently reports -7.29 billion constant LCU against -8.21 billion constant LCU in Italy, a difference of 919.71 million constant LCU.
The two have swapped places 7 times across 54 shared years of data; in 1960 it was Italy ahead.
Italy ranks 112th and Spain ranks 111th of 125 countries.
Across the 6 decades both report, Italy averaged higher in 4 and Spain in 2.
Head to head by decade
| Decade | Italy | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.60 billion constant LCU | -1.54 billion constant LCU | 3.14 billion constant LCU | Italy |
| 1970s | 281.23 million constant LCU | -2.52 billion constant LCU | 2.80 billion constant LCU | Italy |
| 1980s | -6.24 billion constant LCU | -5.85 billion constant LCU | 388.12 million constant LCU | Spain |
| 1990s | -17.78 billion constant LCU | -5.68 billion constant LCU | 12.09 billion constant LCU | Spain |
| 2000s | -6.25 billion constant LCU | -14.94 billion constant LCU | 8.69 billion constant LCU | Italy |
| 2010s | -7.58 billion constant LCU | -12.36 billion constant LCU | 4.78 billion constant LCU | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income (net current transfers from abroad), Italy or Spain?
- Spain, at -7.29 billion constant LCU against -8.21 billion constant LCU in Italy as of 2013.
- What is the difference in net secondary income (net current transfers from abroad) between Italy and Spain?
- 919.71 million constant LCU, with Spain ahead.
- How many years of comparable data are there for Italy and Spain?
- 54 years are reported by both, from 1960 to 2013.
- How do Italy and Spain rank globally for net secondary income (net current transfers from abroad)?
- Italy ranks 112th and Spain ranks 111th 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.