Net secondary income (Net current transfers from abroad) in Hungary
Hungary: Net secondary income (Net current transfers from abroad) was -1.06 trillion constant LCU in 2010. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Hungary, 1960–2010
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Hungary recorded -1.06 trillion constant LCU for net secondary income (net current transfers from abroad) in 2010.
The figure is down 11.4% on the previous year and down 19.2% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Hungary peaked at 0 constant LCU in 1960 and was at its lowest, -1.60 trillion constant LCU, in 2007.
That places Hungary 124th out of 125 countries with data for 2010, 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 Hungary, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 0 constant LCU | — |
| 1961 | 0 constant LCU | — |
| 1962 | 0 constant LCU | — |
| 1963 | 0 constant LCU | — |
| 1964 | 0 constant LCU | — |
| 1995 | -507.80 billion constant LCU | — |
| 1996 | -588.57 billion constant LCU | +15.9% |
| 1997 | -853.17 billion constant LCU | +45.0% |
| 1998 | -916.80 billion constant LCU | +7.5% |
| 1999 | -975.43 billion constant LCU | +6.4% |
| 2000 | -890.52 billion constant LCU | -8.7% |
| 2001 | -936.70 billion constant LCU | +5.2% |
| 2002 | -1.01 trillion constant LCU | +8.1% |
| 2003 | -939.39 billion constant LCU | -7.2% |
| 2004 | -1.11 trillion constant LCU | +17.9% |
| 2005 | -1.19 trillion constant LCU | +7.3% |
| 2006 | -1.23 trillion constant LCU | +3.8% |
| 2007 | -1.60 trillion constant LCU | +29.7% |
| 2008 | -1.48 trillion constant LCU | -7.4% |
| 2009 | -952.55 billion constant LCU | -35.7% |
| 2010 | -1.06 trillion constant LCU | +11.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 constant LCU | 0 constant LCU | 0 constant LCU | 5 |
| 1990s | -768.36 billion constant LCU | -975.43 billion constant LCU | -507.80 billion constant LCU | 5 |
| 2000s | -1.13 trillion constant LCU | -1.60 trillion constant LCU | -890.52 billion constant LCU | 10 |
| 2010s | -1.06 trillion constant LCU | -1.06 trillion constant LCU | -1.06 trillion constant LCU | 1 |
Countries ranked near Hungary
More economy & growth data for Hungary
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.2 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.29 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8569 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 22,200 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 302.6 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 7.84 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.4619 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5471 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Hungary?
- Net secondary income (net current transfers from abroad) in Hungary was -1.06 trillion constant LCU in 2010, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Hungary?
- The highest recorded value was 0 constant LCU in 1960.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Hungary?
- The lowest recorded value was -1.60 trillion constant LCU in 2007.
- How does Hungary rank for net secondary income (net current transfers from abroad)?
- Hungary ranks 124th out of 125 countries with data for 2010.
- Is net secondary income (net current transfers from abroad) rising or falling in Hungary?
- Over the last ten years it is down 19.2%. The long-run trend across the full record is volatile.
- Where does this Hungary 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.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.