Net secondary income (Net current transfers from abroad) in Ireland
Ireland: Net secondary income (Net current transfers from abroad) was -4.31 billion current LCU in 2024. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Ireland, 1995–2024
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 Ireland is -4.31 billion current LCU, measured in 2024.
Compared with earlier readings it is up 6.9% on the previous year and down 57.3% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Ireland peaked at 383.34 million current LCU in 1995 and was at its lowest, -4.77 billion current LCU, in 2022.
That places Ireland 167th 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 Ireland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 383.34 million current LCU | — |
| 1996 | 196.90 million current LCU | -48.6% |
| 1997 | 338.19 million current LCU | +71.8% |
| 1998 | -191.03 million current LCU | -156.5% |
| 1999 | -286.09 million current LCU | +49.8% |
| 2000 | -418.98 million current LCU | +46.5% |
| 2001 | -1.04 billion current LCU | +148.3% |
| 2002 | -1.05 billion current LCU | +1.0% |
| 2003 | -1.27 billion current LCU | +20.4% |
| 2004 | -1.22 billion current LCU | -4.0% |
| 2005 | -1.74 billion current LCU | +43.2% |
| 2006 | -2.02 billion current LCU | +16.3% |
| 2007 | -2.45 billion current LCU | +20.8% |
| 2008 | -2.70 billion current LCU | +10.6% |
| 2009 | -2.93 billion current LCU | +8.4% |
| 2010 | -2.68 billion current LCU | -8.7% |
| 2011 | -2.64 billion current LCU | -1.4% |
| 2012 | -2.59 billion current LCU | -1.9% |
| 2013 | -2.92 billion current LCU | +12.6% |
| 2014 | -2.74 billion current LCU | -6.2% |
| 2015 | -3.33 billion current LCU | +21.7% |
| 2016 | -3.71 billion current LCU | +11.4% |
| 2017 | -3.05 billion current LCU | -17.8% |
| 2018 | -3.58 billion current LCU | +17.1% |
| 2019 | -3.50 billion current LCU | -2.2% |
| 2020 | -3.89 billion current LCU | +11.2% |
| 2021 | -4.48 billion current LCU | +15.3% |
| 2022 | -4.77 billion current LCU | +6.3% |
| 2023 | -4.63 billion current LCU | -3.0% |
| 2024 | -4.31 billion current LCU | -6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 88.26 million current LCU | -286.09 million current LCU | 383.34 million current LCU | 5 |
| 2000s | -1.68 billion current LCU | -2.93 billion current LCU | -418.98 million current LCU | 10 |
| 2010s | -3.07 billion current LCU | -3.71 billion current LCU | -2.59 billion current LCU | 10 |
| 2020s | -4.42 billion current LCU | -4.77 billion current LCU | -3.89 billion current LCU | 5 |
Countries ranked near Ireland
More economy & growth data for Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.52 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 13.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8456 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 111,273 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 12.29 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7548 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 99,326 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 12.29 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.7105 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Ireland?
- Net secondary income (net current transfers from abroad) in Ireland was -4.31 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 Ireland?
- The highest recorded value was 383.34 million current LCU in 1995.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Ireland?
- The lowest recorded value was -4.77 billion current LCU in 2022.
- How does Ireland rank for net secondary income (net current transfers from abroad)?
- Ireland ranks 167th out of 202 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in Ireland?
- Over the last ten years it is down 57.3%. The long-run trend across the full record is volatile.
- Where does this Ireland 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.