Luxembourg vs Sub-Saharan Africa: Secondary income receipts
Secondary income receipts over time
- Luxembourg
- Sub-Saharan Africa
How they compare
Sub-Saharan Africa currently reports 85.58 billion BoP, current US$ against 16.59 billion BoP, current US$ in Luxembourg, a difference of 68.99 billion BoP, current US$.
That makes Sub-Saharan Africa's figure about 5.2 times Luxembourg's.
Across all 22 years both countries report, Sub-Saharan Africa has been ahead every year.
Luxembourg ranks 26th and Sub-Saharan Africa ranks 30th of 199 countries.
Sub-Saharan Africa has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Luxembourg | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.37 billion BoP, current US$ | 35.15 billion BoP, current US$ | 27.78 billion BoP, current US$ | Sub-Saharan Africa |
| 2010s | 10.05 billion BoP, current US$ | 65.51 billion BoP, current US$ | 55.46 billion BoP, current US$ | Sub-Saharan Africa |
| 2020s | 13.87 billion BoP, current US$ | 80.37 billion BoP, current US$ | 66.50 billion BoP, current US$ | Sub-Saharan Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher secondary income receipts, Luxembourg or Sub-Saharan Africa?
- Sub-Saharan Africa, at 85.58 billion BoP, current US$ against 16.59 billion BoP, current US$ in Luxembourg as of 2024.
- What is the difference in secondary income receipts between Luxembourg and Sub-Saharan Africa?
- 68.99 billion BoP, current US$, with Sub-Saharan Africa ahead.
- How many years of comparable data are there for Luxembourg and Sub-Saharan Africa?
- 22 years are reported by both, from 2003 to 2024.
- How do Luxembourg and Sub-Saharan Africa rank globally for secondary income receipts?
- Luxembourg ranks 26th and Sub-Saharan Africa ranks 30th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income receipts (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.