Net secondary income (Net current transfers from abroad) in Switzerland
Switzerland: Net secondary income (Net current transfers from abroad) was -20.61 billion current LCU in 2023. ▼ Falling
Net secondary income (Net current transfers from abroad) in Switzerland, 2012–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2023, net secondary income (net current transfers from abroad) in Switzerland stood at -20.61 billion current LCU.
Compared with earlier readings it is down 5.7% on the previous year and down 14.7% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Switzerland peaked at -15.51 billion current LCU in 2012 and was at its lowest, -23.49 billion current LCU, in 2014.
Switzerland ranks 178th of 202 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Net secondary income (Net current transfers from abroad) in Switzerland, year by year
| Year | current LCU | Change |
|---|---|---|
| 2012 | -15.51 billion current LCU | — |
| 2013 | -17.96 billion current LCU | +15.8% |
| 2014 | -23.49 billion current LCU | +30.8% |
| 2015 | -19.86 billion current LCU | -15.5% |
| 2016 | -20.67 billion current LCU | +4.1% |
| 2017 | -20.75 billion current LCU | +0.4% |
| 2018 | -19.16 billion current LCU | -7.7% |
| 2019 | -20.87 billion current LCU | +8.9% |
| 2020 | -21.34 billion current LCU | +2.3% |
| 2021 | -18.68 billion current LCU | -12.5% |
| 2022 | -19.50 billion current LCU | +4.4% |
| 2023 | -20.61 billion current LCU | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -19.78 billion current LCU | -23.49 billion current LCU | -15.51 billion current LCU | 8 |
| 2020s | -20.03 billion current LCU | -21.34 billion current LCU | -18.68 billion current LCU | 4 |
Countries ranked near Switzerland
More economy & growth data for Switzerland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6894 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.2 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9739 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 111,777 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8097 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 92,926 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7919 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Switzerland?
- Net secondary income (net current transfers from abroad) in Switzerland was -20.61 billion current LCU in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Switzerland?
- The highest recorded value was -15.51 billion current LCU in 2012.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Switzerland?
- The lowest recorded value was -23.49 billion current LCU in 2014.
- How does Switzerland rank for net secondary income (net current transfers from abroad)?
- Switzerland ranks 178th out of 202 countries with data for 2023.
- Is net secondary income (net current transfers from abroad) rising or falling in Switzerland?
- Over the last ten years it is down 14.7%. The long-run trend across the full record is falling.
- Where does this Switzerland 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.