Net secondary income (Net current transfers from abroad) in New Zealand
New Zealand: Net secondary income (Net current transfers from abroad) was -1.25 billion current LCU in 2024. ◆ Volatile
Net secondary income (Net current transfers from abroad) in New Zealand, 1971–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, net secondary income (net current transfers from abroad) in New Zealand stood at -1.25 billion current LCU. That is the lowest value across all 54 years on record.
The figure is down 89.1% on the previous year and down 268.6% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in New Zealand peaked at 849.00 million current LCU in 1996 and was at its lowest, -1.25 billion current LCU, in 2024.
That places New Zealand 163rd out of 203 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 New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1971 | 18.00 million current LCU | — |
| 1972 | 21.00 million current LCU | +16.7% |
| 1973 | 13.00 million current LCU | -38.1% |
| 1974 | 0 current LCU | -100.0% |
| 1975 | -1.00 million current LCU | — |
| 1976 | 9.00 million current LCU | -1000.0% |
| 1977 | 36.00 million current LCU | +300.0% |
| 1978 | 31.00 million current LCU | -13.9% |
| 1979 | 66.00 million current LCU | +112.9% |
| 1980 | 101.00 million current LCU | +53.0% |
| 1981 | 122.00 million current LCU | +20.8% |
| 1982 | 113.00 million current LCU | -7.4% |
| 1983 | 123.00 million current LCU | +8.8% |
| 1984 | 193.00 million current LCU | +56.9% |
| 1985 | 197.00 million current LCU | +2.1% |
| 1986 | 296.00 million current LCU | +50.3% |
| 1987 | 257.00 million current LCU | -13.2% |
| 1988 | 292.00 million current LCU | +13.6% |
| 1989 | 331.00 million current LCU | +13.4% |
| 1990 | 220.00 million current LCU | -33.5% |
| 1991 | 220.00 million current LCU | +0.0% |
| 1992 | 182.00 million current LCU | -17.3% |
| 1993 | 370.00 million current LCU | +103.3% |
| 1994 | 307.00 million current LCU | -17.0% |
| 1995 | 233.00 million current LCU | -24.1% |
| 1996 | 849.00 million current LCU | +264.4% |
| 1997 | 551.00 million current LCU | -35.1% |
| 1998 | 297.00 million current LCU | -46.1% |
| 1999 | 426.00 million current LCU | +43.4% |
| 2000 | 481.00 million current LCU | +12.9% |
| 2001 | 223.00 million current LCU | -53.6% |
| 2002 | 126.00 million current LCU | -43.5% |
| 2003 | 259.00 million current LCU | +105.6% |
| 2004 | 320.00 million current LCU | +23.6% |
| 2005 | 150.00 million current LCU | -53.1% |
| 2006 | 597.00 million current LCU | +298.0% |
| 2007 | 691.00 million current LCU | +15.7% |
| 2008 | 760.00 million current LCU | +10.0% |
| 2009 | 620.00 million current LCU | -18.4% |
| 2010 | -175.00 million current LCU | -128.2% |
| 2011 | -343.00 million current LCU | +96.0% |
| 2012 | -409.00 million current LCU | +19.2% |
| 2013 | -437.00 million current LCU | +6.8% |
| 2014 | -338.00 million current LCU | -22.7% |
| 2015 | -266.00 million current LCU | -21.3% |
| 2016 | -201.00 million current LCU | -24.4% |
| 2017 | -695.00 million current LCU | +245.8% |
| 2018 | -582.00 million current LCU | -16.3% |
| 2019 | -178.00 million current LCU | -69.4% |
| 2020 | -418.00 million current LCU | +134.8% |
| 2021 | -362.00 million current LCU | -13.4% |
| 2022 | 516.00 million current LCU | -242.5% |
| 2023 | -659.00 million current LCU | -227.7% |
| 2024 | -1.25 billion current LCU | +89.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.44 million current LCU | -1.00 million current LCU | 66.00 million current LCU | 9 |
| 1980s | 202.50 million current LCU | 101.00 million current LCU | 331.00 million current LCU | 10 |
| 1990s | 365.50 million current LCU | 182.00 million current LCU | 849.00 million current LCU | 10 |
| 2000s | 422.70 million current LCU | 126.00 million current LCU | 760.00 million current LCU | 10 |
| 2010s | -362.40 million current LCU | -695.00 million current LCU | -175.00 million current LCU | 10 |
| 2020s | -433.80 million current LCU | -1.25 billion current LCU | 516.00 million current LCU | 5 |
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 1.48 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2248 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 11,111 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth 51.04 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 50.33 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -7.15 % change on previous year (2023)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0653 current LCU per US$ of GDP (2023)
- Agriculture, forestry, and fishing, value added (current LCU), per 3,218 current LCU per person (2023)
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 -1.25 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 New Zealand?
- The highest recorded value was 849.00 million current LCU in 1996.
- What is the lowest net secondary income (net current transfers from abroad) recorded in New Zealand?
- The lowest recorded value was -1.25 billion current LCU in 2024.
- How does New Zealand rank for net secondary income (net current transfers from abroad)?
- New Zealand ranks 163rd out of 203 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in New Zealand?
- Over the last ten years it is down 268.6%. 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) (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.