Net secondary income (Net current transfers from abroad) in New Zealand
New Zealand: Net secondary income (Net current transfers from abroad) was 1.22 constant LCU in 2013. ◆ Volatile
Net secondary income (Net current transfers from abroad) in New Zealand, 1970–2013
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
New Zealand recorded 1.22 constant LCU for net secondary income (net current transfers from abroad) in 2013. That is the highest value across all 44 years on record.
That represents a change of 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 New Zealand peaked at 1.22 constant LCU in 2013 and was at its lowest, -12.36 billion constant LCU, in 2007.
That places New Zealand 97th 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 New Zealand, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | -813.83 million constant LCU | — |
| 1971 | -818.46 million constant LCU | +0.6% |
| 1972 | -1.18 billion constant LCU | +43.8% |
| 1973 | -1.18 billion constant LCU | +0.6% |
| 1974 | -1.12 billion constant LCU | -5.1% |
| 1975 | -1.78 billion constant LCU | +58.8% |
| 1976 | -2.52 billion constant LCU | +41.4% |
| 1977 | -2.29 billion constant LCU | -9.2% |
| 1978 | -2.57 billion constant LCU | +12.1% |
| 1979 | -2.03 billion constant LCU | -20.8% |
| 1980 | -2.07 billion constant LCU | +1.7% |
| 1981 | -2.27 billion constant LCU | +9.6% |
| 1982 | -2.64 billion constant LCU | +16.3% |
| 1983 | -3.67 billion constant LCU | +39.3% |
| 1984 | -5.04 billion constant LCU | +37.2% |
| 1985 | -5.63 billion constant LCU | +11.8% |
| 1986 | -5.01 billion constant LCU | -11.1% |
| 1987 | -5.16 billion constant LCU | +3.1% |
| 1988 | -5.07 billion constant LCU | -1.8% |
| 1989 | -5.00 billion constant LCU | -1.3% |
| 1990 | -4.19 billion constant LCU | -16.2% |
| 1991 | -6.60 billion constant LCU | +57.5% |
| 1992 | -6.36 billion constant LCU | -3.6% |
| 1993 | -7.44 billion constant LCU | +17.0% |
| 1994 | -7.20 billion constant LCU | -3.2% |
| 1995 | -7.25 billion constant LCU | +0.7% |
| 1996 | -8.90 billion constant LCU | +22.7% |
| 1997 | -7.40 billion constant LCU | -16.8% |
| 1998 | -5.74 billion constant LCU | -22.5% |
| 1999 | -7.89 billion constant LCU | +37.6% |
| 2000 | -7.68 billion constant LCU | -2.6% |
| 2001 | -7.08 billion constant LCU | -7.8% |
| 2002 | -7.40 billion constant LCU | +4.5% |
| 2003 | -7.27 billion constant LCU | -1.8% |
| 2004 | -8.92 billion constant LCU | +22.7% |
| 2005 | -10.56 billion constant LCU | +18.3% |
| 2006 | -11.21 billion constant LCU | +6.2% |
| 2007 | -12.36 billion constant LCU | +10.2% |
| 2008 | -12.33 billion constant LCU | -0.2% |
| 2009 | -7.08 billion constant LCU | -42.6% |
| 2010 | -8.73 billion constant LCU | +23.3% |
| 2011 | -8.03 billion constant LCU | -8.0% |
| 2012 | -8.09 billion constant LCU | +0.7% |
| 2013 | 1.22 constant LCU | -100.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.63 billion constant LCU | -2.57 billion constant LCU | -813.83 million constant LCU | 10 |
| 1980s | -4.16 billion constant LCU | -5.63 billion constant LCU | -2.07 billion constant LCU | 10 |
| 1990s | -6.90 billion constant LCU | -8.90 billion constant LCU | -4.19 billion constant LCU | 10 |
| 2000s | -9.19 billion constant LCU | -12.36 billion constant LCU | -7.08 billion constant LCU | 10 |
| 2010s | -6.21 billion constant LCU | -8.73 billion constant LCU | 1.22 constant LCU | 4 |
Countries ranked near New Zealand
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate -3.46 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1924 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 9,511 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 0.9117 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.2596 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 12,830 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 2.39 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.4289 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in New Zealand?
- Net secondary income (net current transfers from abroad) in New Zealand was 1.22 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 New Zealand?
- The highest recorded value was 1.22 constant LCU in 2013.
- What is the lowest net secondary income (net current transfers from abroad) recorded in New Zealand?
- The lowest recorded value was -12.36 billion constant LCU in 2007.
- How does New Zealand rank for net secondary income (net current transfers from abroad)?
- New Zealand ranks 97th out of 125 countries with data for 2013.
- Is net secondary income (net current transfers from abroad) rising or falling in New Zealand?
- Over the last ten years it is up 100.0%. The long-run trend across the full record is volatile.
- Where does this New Zealand 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.