Net secondary income (Net current transfers from abroad) in Luxembourg
Luxembourg: Net secondary income (Net current transfers from abroad) was 1.34 constant LCU in 2013. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Luxembourg, 1960–2013
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Luxembourg recorded 1.34 constant LCU for net secondary income (net current transfers from abroad) in 2013. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 100.0% on the previous year and up 100.0% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Luxembourg peaked at 1.34 constant LCU in 2013 and was at its lowest, -10.80 billion constant LCU, in 2009.
That places Luxembourg 96th out of 125 countries with data for 2013, 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 Luxembourg, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | -1.62 billion constant LCU | — |
| 1961 | -1.68 billion constant LCU | +3.4% |
| 1962 | -1.69 billion constant LCU | +0.9% |
| 1963 | -1.75 billion constant LCU | +3.3% |
| 1964 | -1.90 billion constant LCU | +8.5% |
| 1965 | -1.88 billion constant LCU | -0.9% |
| 1966 | -1.91 billion constant LCU | +1.7% |
| 1967 | -1.91 billion constant LCU | -0.1% |
| 1968 | -1.98 billion constant LCU | +3.9% |
| 1969 | -2.17 billion constant LCU | +9.6% |
| 1970 | -2.10 billion constant LCU | -3.3% |
| 1971 | -2.13 billion constant LCU | +1.5% |
| 1972 | -2.19 billion constant LCU | +2.7% |
| 1973 | -2.43 billion constant LCU | +10.7% |
| 1974 | -2.43 billion constant LCU | +0.2% |
| 1975 | -1.82 billion constant LCU | -25.2% |
| 1976 | -1.68 billion constant LCU | -7.6% |
| 1977 | -1.57 billion constant LCU | -6.7% |
| 1978 | -1.63 billion constant LCU | +4.0% |
| 1979 | -1.67 billion constant LCU | +2.3% |
| 1980 | -1.55 billion constant LCU | -7.4% |
| 1981 | -1.22 billion constant LCU | -20.9% |
| 1982 | -431.41 million constant LCU | -64.7% |
| 1983 | -207.27 million constant LCU | -52.0% |
| 1984 | -345.19 million constant LCU | +66.5% |
| 1985 | -274.82 million constant LCU | -20.4% |
| 1986 | -588.88 million constant LCU | +114.3% |
| 1987 | -478.89 million constant LCU | -18.7% |
| 1988 | -765.19 million constant LCU | +59.8% |
| 1989 | -982.06 million constant LCU | +28.3% |
| 1990 | -806.12 million constant LCU | -17.9% |
| 1991 | -757.01 million constant LCU | -6.1% |
| 1992 | -857.25 million constant LCU | +13.2% |
| 1993 | -1.21 billion constant LCU | +41.7% |
| 1994 | -1.90 billion constant LCU | +56.1% |
| 1995 | -1.40 billion constant LCU | -26.4% |
| 1996 | -1.32 billion constant LCU | -5.1% |
| 1997 | -762.32 million constant LCU | -42.4% |
| 1998 | -1.73 billion constant LCU | +126.9% |
| 1999 | -2.38 billion constant LCU | +37.5% |
| 2000 | -3.27 billion constant LCU | +37.4% |
| 2001 | -2.91 billion constant LCU | -11.0% |
| 2002 | -4.63 billion constant LCU | +59.0% |
| 2003 | -6.20 billion constant LCU | +33.9% |
| 2004 | -3.63 billion constant LCU | -41.4% |
| 2005 | -4.28 billion constant LCU | +17.6% |
| 2006 | -7.60 billion constant LCU | +77.9% |
| 2007 | -6.62 billion constant LCU | -13.0% |
| 2008 | -7.06 billion constant LCU | +6.7% |
| 2009 | -10.80 billion constant LCU | +52.9% |
| 2010 | -10.11 billion constant LCU | -6.4% |
| 2011 | -10.40 billion constant LCU | +2.9% |
| 2012 | -10.62 billion constant LCU | +2.1% |
| 2013 | 1.34 constant LCU | -100.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -1.85 billion constant LCU | -2.17 billion constant LCU | -1.62 billion constant LCU | 10 |
| 1970s | -1.97 billion constant LCU | -2.43 billion constant LCU | -1.57 billion constant LCU | 10 |
| 1980s | -684.23 million constant LCU | -1.55 billion constant LCU | -207.27 million constant LCU | 10 |
| 1990s | -1.31 billion constant LCU | -2.38 billion constant LCU | -757.01 million constant LCU | 10 |
| 2000s | -5.70 billion constant LCU | -10.80 billion constant LCU | -2.91 billion constant LCU | 10 |
| 2010s | -7.78 billion constant LCU | -10.62 billion constant LCU | 1.34 constant LCU | 4 |
Countries ranked near Luxembourg
More economy & growth data for Luxembourg
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Services, value added (constant LCU), per capita 80,691 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.22 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.86 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9055 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 133,344 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.31 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8014 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 118,006 current LCU per person (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Luxembourg?
- Net secondary income (net current transfers from abroad) in Luxembourg was 1.34 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 Luxembourg?
- The highest recorded value was 1.34 constant LCU in 2013.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Luxembourg?
- The lowest recorded value was -10.80 billion constant LCU in 2009.
- How does Luxembourg rank for net secondary income (net current transfers from abroad)?
- Luxembourg ranks 96th out of 125 countries with data for 2013.
- Is net secondary income (net current transfers from abroad) rising or falling in Luxembourg?
- Over the last ten years it is up 100.0%. The long-run trend across the full record is volatile.
- Where does this Luxembourg 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.