Net secondary income (Net current transfers from abroad) in Belgium
Belgium: Net secondary income (Net current transfers from abroad) was -10.14 billion current LCU in 2024. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Belgium, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for net secondary income (net current transfers from abroad) in Belgium is -10.14 billion current LCU, measured in 2024. That is the lowest value across all 55 years on record.
The figure is down 26.3% on the previous year and down 107.7% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Belgium peaked at -171.33 million current LCU in 1970 and was at its lowest, -10.14 billion current LCU, in 2024.
That places Belgium 171st out of 202 countries with data for 2024, 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 Belgium, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | -171.33 million current LCU | — |
| 1971 | -214.96 million current LCU | +25.5% |
| 1972 | -230.69 million current LCU | +7.3% |
| 1973 | -264.21 million current LCU | +14.5% |
| 1974 | -314.91 million current LCU | +19.2% |
| 1975 | -497.11 million current LCU | +57.9% |
| 1976 | -417.78 million current LCU | -16.0% |
| 1977 | -487.53 million current LCU | +16.7% |
| 1978 | -441.78 million current LCU | -9.4% |
| 1979 | -518.48 million current LCU | +17.4% |
| 1980 | -792.72 million current LCU | +52.9% |
| 1981 | -1.01 billion current LCU | +27.6% |
| 1982 | -957.98 million current LCU | -5.3% |
| 1983 | -1.12 billion current LCU | +16.7% |
| 1984 | -1.26 billion current LCU | +12.9% |
| 1985 | -1.19 billion current LCU | -5.7% |
| 1986 | -1.30 billion current LCU | +8.9% |
| 1987 | -1.20 billion current LCU | -7.8% |
| 1988 | -1.42 billion current LCU | +18.8% |
| 1989 | -1.21 billion current LCU | -14.5% |
| 1990 | -1.42 billion current LCU | +17.1% |
| 1991 | -1.39 billion current LCU | -2.3% |
| 1992 | -1.72 billion current LCU | +23.6% |
| 1993 | -1.87 billion current LCU | +9.1% |
| 1994 | -2.28 billion current LCU | +21.6% |
| 1995 | -2.18 billion current LCU | -4.4% |
| 1996 | -2.70 billion current LCU | +24.1% |
| 1997 | -2.64 billion current LCU | -2.1% |
| 1998 | -2.91 billion current LCU | +10.0% |
| 1999 | -2.88 billion current LCU | -1.0% |
| 2000 | -2.89 billion current LCU | +0.4% |
| 2001 | -2.58 billion current LCU | -10.7% |
| 2002 | -2.80 billion current LCU | +8.2% |
| 2003 | -3.62 billion current LCU | +29.4% |
| 2004 | -4.13 billion current LCU | +14.0% |
| 2005 | -4.21 billion current LCU | +2.0% |
| 2006 | -4.31 billion current LCU | +2.4% |
| 2007 | -3.66 billion current LCU | -15.0% |
| 2008 | -4.88 billion current LCU | +33.2% |
| 2009 | -4.37 billion current LCU | -10.4% |
| 2010 | -3.50 billion current LCU | -20.0% |
| 2011 | -4.29 billion current LCU | +22.6% |
| 2012 | -3.97 billion current LCU | -7.3% |
| 2013 | -5.26 billion current LCU | +32.4% |
| 2014 | -4.88 billion current LCU | -7.2% |
| 2015 | -5.78 billion current LCU | +18.4% |
| 2016 | -5.98 billion current LCU | +3.3% |
| 2017 | -4.66 billion current LCU | -22.1% |
| 2018 | -5.25 billion current LCU | +12.7% |
| 2019 | -5.58 billion current LCU | +6.3% |
| 2020 | -6.37 billion current LCU | +14.2% |
| 2021 | -6.68 billion current LCU | +4.8% |
| 2022 | -5.76 billion current LCU | -13.7% |
| 2023 | -8.03 billion current LCU | +39.4% |
| 2024 | -10.14 billion current LCU | +26.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -355.88 million current LCU | -518.48 million current LCU | -171.33 million current LCU | 10 |
| 1980s | -1.15 billion current LCU | -1.42 billion current LCU | -792.72 million current LCU | 10 |
| 1990s | -2.20 billion current LCU | -2.91 billion current LCU | -1.39 billion current LCU | 10 |
| 2000s | -3.74 billion current LCU | -4.88 billion current LCU | -2.58 billion current LCU | 10 |
| 2010s | -4.91 billion current LCU | -5.98 billion current LCU | -3.50 billion current LCU | 10 |
| 2020s | -7.40 billion current LCU | -10.14 billion current LCU | -5.76 billion current LCU | 5 |
Countries ranked near Belgium
More economy & growth data for Belgium
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- GDP (current US$), annual growth rate 8.12 % change on previous year (2025)
- GDP (current US$), per capita 60,750 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.57 % 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 53,762 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 0.9832 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7431 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 45,146 constant 2015 US$ per person (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Belgium?
- Net secondary income (net current transfers from abroad) in Belgium was -10.14 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Belgium?
- The highest recorded value was -171.33 million current LCU in 1970.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Belgium?
- The lowest recorded value was -10.14 billion current LCU in 2024.
- How does Belgium rank for net secondary income (net current transfers from abroad)?
- Belgium ranks 171st out of 202 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in Belgium?
- Over the last ten years it is down 107.7%. The long-run trend across the full record is volatile.
- Where does this Belgium 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) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.