Net secondary income (Net current transfers from abroad) in Cyprus
Cyprus: Net secondary income (Net current transfers from abroad) was -31.86 million constant LCU in 2008. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Cyprus, 1980–2008
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for net secondary income (net current transfers from abroad) in Cyprus is -31.86 million constant LCU, measured in 2008. That is the lowest value across all 29 years on record.
That represents a change of down 463.5% on the previous year and down 175.1% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Cyprus peaked at 260.27 million constant LCU in 1980 and was at its lowest, -31.86 million constant LCU, in 2008.
That places Cyprus 99th out of 125 countries with data for 2008, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Cyprus, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1980 | 260.27 million constant LCU | — |
| 1981 | 219.31 million constant LCU | -15.7% |
| 1982 | 149.54 million constant LCU | -31.8% |
| 1983 | 89.42 million constant LCU | -40.2% |
| 1984 | 84.25 million constant LCU | -5.8% |
| 1985 | 76.83 million constant LCU | -8.8% |
| 1986 | 70.28 million constant LCU | -8.5% |
| 1987 | 61.02 million constant LCU | -13.2% |
| 1988 | 79.74 million constant LCU | +30.7% |
| 1989 | 62.52 million constant LCU | -21.6% |
| 1990 | 54.22 million constant LCU | -13.3% |
| 1991 | 46.14 million constant LCU | -14.9% |
| 1992 | 37.45 million constant LCU | -18.8% |
| 1993 | 35.89 million constant LCU | -4.2% |
| 1994 | 32.33 million constant LCU | -9.9% |
| 1995 | 44.74 million constant LCU | +38.4% |
| 1996 | 34.44 million constant LCU | -23.0% |
| 1997 | 34.66 million constant LCU | +0.7% |
| 1998 | 42.40 million constant LCU | +22.3% |
| 1999 | 99.20 million constant LCU | +133.9% |
| 2000 | 188.46 million constant LCU | +90.0% |
| 2001 | 57.76 million constant LCU | -69.4% |
| 2002 | 112.80 million constant LCU | +95.3% |
| 2003 | 114.06 million constant LCU | +1.1% |
| 2004 | 119.42 million constant LCU | +4.7% |
| 2005 | 61.62 million constant LCU | -48.4% |
| 2006 | 138.00 million constant LCU | +124.0% |
| 2007 | -5.65 million constant LCU | -104.1% |
| 2008 | -31.86 million constant LCU | +463.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 115.32 million constant LCU | 61.02 million constant LCU | 260.27 million constant LCU | 10 |
| 1990s | 46.15 million constant LCU | 32.33 million constant LCU | 99.20 million constant LCU | 10 |
| 2000s | 83.84 million constant LCU | -31.86 million constant LCU | 188.46 million constant LCU | 9 |
Countries ranked near Cyprus
- 96 Luxembourg 1.34 constant LCU compare
- 97 New Zealand 1.22 constant LCU compare
- 98 Ireland 0.984 constant LCU compare
- 100 Greece -148.90 million constant LCU compare
- 101 Venezuela -219.03 million constant LCU compare
- 102 El Salvador -334.74 million constant LCU compare
More economy & growth data for Cyprus
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- GDP (current US$), annual growth rate 9.54 % change on previous year (2025)
- GDP (current US$), per capita 30,075 current US$ per person (2025)
- GDP (current LCU), annual growth rate 4.93 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.885 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 26,616 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 3.77 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8024 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 24,132 constant 2015 US$ per person (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Cyprus?
- Net secondary income (net current transfers from abroad) in Cyprus was -31.86 million constant LCU in 2008, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Cyprus?
- The highest recorded value was 260.27 million constant LCU in 1980.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Cyprus?
- The lowest recorded value was -31.86 million constant LCU in 2008.
- How does Cyprus rank for net secondary income (net current transfers from abroad)?
- Cyprus ranks 99th out of 125 countries with data for 2008.
- Is net secondary income (net current transfers from abroad) rising or falling in Cyprus?
- Over the last ten years it is down 175.1%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (constant LCU). Statizoid updates them automatically from the source API.
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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.