Net secondary income (Net current transfers from abroad) in Spain
Spain: Net secondary income (Net current transfers from abroad) was -11.68 billion current LCU in 2024. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Spain, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Spain recorded -11.68 billion current LCU for net secondary income (net current transfers from abroad) in 2024.
The figure is down 0.4% on the previous year and down 24.2% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Spain peaked at 789.55 million current LCU in 1988 and was at its lowest, -14.24 billion current LCU, in 2008.
Spain ranks 174th of 203 countries on this measure, 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 Spain, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 143.64 million current LCU | — |
| 1971 | 167.75 million current LCU | +16.8% |
| 1972 | 180.09 million current LCU | +7.4% |
| 1973 | 239.10 million current LCU | +32.8% |
| 1974 | 191.05 million current LCU | -20.1% |
| 1975 | 198.23 million current LCU | +3.8% |
| 1976 | 201.86 million current LCU | +1.8% |
| 1977 | 216.93 million current LCU | +7.5% |
| 1978 | 283.89 million current LCU | +30.9% |
| 1979 | 224.63 million current LCU | -20.9% |
| 1980 | 305.20 million current LCU | +35.9% |
| 1981 | 336.22 million current LCU | +10.2% |
| 1982 | 389.87 million current LCU | +16.0% |
| 1983 | 373.13 million current LCU | -4.3% |
| 1984 | 429.09 million current LCU | +15.0% |
| 1985 | 403.82 million current LCU | -5.9% |
| 1986 | 88.75 million current LCU | -78.0% |
| 1987 | 466.47 million current LCU | +425.6% |
| 1988 | 789.55 million current LCU | +69.3% |
| 1989 | 556.71 million current LCU | -29.5% |
| 1990 | 77.33 million current LCU | -86.1% |
| 1991 | -177.13 million current LCU | -329.1% |
| 1992 | -733.25 million current LCU | +314.0% |
| 1993 | -680.26 million current LCU | -7.2% |
| 1994 | -1.04 billion current LCU | +52.7% |
| 1995 | 445.35 million current LCU | -142.9% |
| 1996 | -711.30 million current LCU | -259.7% |
| 1997 | -1.01 billion current LCU | +42.0% |
| 1998 | -1.55 billion current LCU | +53.7% |
| 1999 | -2.16 billion current LCU | +39.2% |
| 2000 | -3.73 billion current LCU | +72.8% |
| 2001 | -4.71 billion current LCU | +26.0% |
| 2002 | -4.16 billion current LCU | -11.7% |
| 2003 | -6.40 billion current LCU | +53.9% |
| 2004 | -6.73 billion current LCU | +5.2% |
| 2005 | -9.26 billion current LCU | +37.5% |
| 2006 | -12.33 billion current LCU | +33.2% |
| 2007 | -11.99 billion current LCU | -2.7% |
| 2008 | -14.24 billion current LCU | +18.8% |
| 2009 | -12.77 billion current LCU | -10.3% |
| 2010 | -11.41 billion current LCU | -10.7% |
| 2011 | -11.97 billion current LCU | +5.0% |
| 2012 | -11.16 billion current LCU | -6.8% |
| 2013 | -11.47 billion current LCU | +2.7% |
| 2014 | -9.40 billion current LCU | -18.0% |
| 2015 | -9.69 billion current LCU | +3.0% |
| 2016 | -11.01 billion current LCU | +13.6% |
| 2017 | -9.33 billion current LCU | -15.2% |
| 2018 | -10.90 billion current LCU | +16.8% |
| 2019 | -11.94 billion current LCU | +9.5% |
| 2020 | -10.27 billion current LCU | -14.0% |
| 2021 | -10.92 billion current LCU | +6.4% |
| 2022 | -13.17 billion current LCU | +20.6% |
| 2023 | -11.63 billion current LCU | -11.7% |
| 2024 | -11.68 billion current LCU | +0.4% |
Spain compared with similar countries
- Spain's -11.68 billion current LCU is below the median for high income countries, which is -392.03 million current LCU, 29.8× the median. (73 countries reporting)
- Spain's -11.68 billion current LCU is below the median for Europe & Central Asia, which is -4.90 million current LCU, 2384.5× the median. (53 countries reporting)
Biggest year-on-year movements
Years where Net secondary income (Net current transfers from abroad) in Spain changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +425.6% | 88.75 million current LCU | 466.47 million current LCU |
| 1991 | -329.1% | 77.33 million current LCU | -177.13 million current LCU |
| 1992 | -314.0% | -177.13 million current LCU | -733.25 million current LCU |
| 1996 | -259.7% | 445.35 million current LCU | -711.30 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 204.72 million current LCU | 143.64 million current LCU | 283.89 million current LCU | 10 |
| 1980s | 413.88 million current LCU | 88.75 million current LCU | 789.55 million current LCU | 10 |
| 1990s | -754.13 million current LCU | -2.16 billion current LCU | 445.35 million current LCU | 10 |
| 2000s | -8.63 billion current LCU | -14.24 billion current LCU | -3.73 billion current LCU | 10 |
| 2010s | -10.83 billion current LCU | -11.97 billion current LCU | -9.33 billion current LCU | 10 |
| 2020s | -11.53 billion current LCU | -13.17 billion current LCU | -10.27 billion current LCU | 5 |
Countries ranked near Spain
More economy & growth data for Spain
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.77 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.62 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 46.38 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0243 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 939.77 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 28.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -34.34 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 569.12 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 19.32 % change on previous year (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Spain?
- Net secondary income (net current transfers from abroad) in Spain was -11.68 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 Spain?
- The highest recorded value was 789.55 million current LCU in 1988.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Spain?
- The lowest recorded value was -14.24 billion current LCU in 2008.
- How does Spain rank for net secondary income (net current transfers from abroad)?
- Spain ranks 174th out of 203 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in Spain?
- Over the last ten years it is down 24.2%. The long-run trend across the full record is volatile.
- Where does this Spain 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.