Net secondary income (Net current transfers from abroad) in Lebanon
Lebanon: Net secondary income (Net current transfers from abroad) was 2.75 trillion constant LCU in 2013. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Lebanon, 1994–2013
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2013, net secondary income (net current transfers from abroad) in Lebanon stood at 2.75 trillion constant LCU.
Compared with earlier readings it is down 5.4% on the previous year and up 469.4% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Lebanon peaked at 3.89 trillion constant LCU in 2007 and was at its lowest, -454.95 billion constant LCU, in 2000.
That places Lebanon 4th out of 125 countries with data for 2013, putting it in the top 10%.
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 Lebanon, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1994 | 297.64 billion constant LCU | — |
| 1995 | 1.65 trillion constant LCU | +455.3% |
| 1996 | 1.05 trillion constant LCU | -36.2% |
| 1997 | 951.24 billion constant LCU | -9.7% |
| 1998 | 137.28 billion constant LCU | -85.6% |
| 1999 | -341.10 billion constant LCU | -348.5% |
| 2000 | -454.95 billion constant LCU | +33.4% |
| 2001 | 235.87 billion constant LCU | -151.8% |
| 2002 | 117.12 billion constant LCU | -50.3% |
| 2003 | 483.01 billion constant LCU | +312.4% |
| 2004 | 2.47 trillion constant LCU | +412.3% |
| 2005 | 1.55 trillion constant LCU | -37.4% |
| 2006 | 2.85 trillion constant LCU | +83.9% |
| 2007 | 3.89 trillion constant LCU | +36.4% |
| 2008 | 3.08 trillion constant LCU | -20.7% |
| 2009 | 2.16 trillion constant LCU | -29.9% |
| 2010 | 2.89 trillion constant LCU | +33.9% |
| 2011 | 2.88 trillion constant LCU | -0.3% |
| 2012 | 2.91 trillion constant LCU | +0.9% |
| 2013 | 2.75 trillion constant LCU | -5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 625.27 billion constant LCU | -341.10 billion constant LCU | 1.65 trillion constant LCU | 6 |
| 2000s | 1.64 trillion constant LCU | -454.95 billion constant LCU | 3.89 trillion constant LCU | 10 |
| 2010s | 2.86 trillion constant LCU | 2.75 trillion constant LCU | 2.91 trillion constant LCU | 4 |
Countries ranked near Lebanon
More economy & growth data for Lebanon
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.87 Percent per annum (2022)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP -0 Percent per annum (2022)
- Services, value added (current US$), annual growth rate 9.05 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.3573 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 1,598 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 13.71 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 31,976 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 143.04 million current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate -7.14 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.9682 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Lebanon?
- Net secondary income (net current transfers from abroad) in Lebanon was 2.75 trillion constant LCU in 2013, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Lebanon?
- The highest recorded value was 3.89 trillion constant LCU in 2007.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Lebanon?
- The lowest recorded value was -454.95 billion constant LCU in 2000.
- How does Lebanon rank for net secondary income (net current transfers from abroad)?
- Lebanon ranks 4th out of 125 countries with data for 2013.
- Is net secondary income (net current transfers from abroad) rising or falling in Lebanon?
- Over the last ten years it is up 469.4%. The long-run trend across the full record is volatile.
- Where does this Lebanon 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.