Net secondary income (Net current transfers from abroad) (current US$) in Belgium
Belgium: Net secondary income (Net current transfers from abroad) was -10.98 billion current US$ 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 US$.
Analysis
Belgium recorded -10.98 billion current US$ for net secondary income (net current transfers from abroad) in 2024. That is the lowest value across all 55 years on record.
The figure is down 26.4% on the previous year and down 69.2% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Belgium peaked at -138.22 million current US$ in 1970 and was at its lowest, -10.98 billion current US$, in 2024.
Belgium ranks 189th of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Belgium, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | -138.22 million current US$ | — |
| 1971 | -176.76 million current US$ | +27.9% |
| 1972 | -211.43 million current US$ | +19.6% |
| 1973 | -273.45 million current US$ | +29.3% |
| 1974 | -326.13 million current US$ | +19.3% |
| 1975 | -545.25 million current US$ | +67.2% |
| 1976 | -436.55 million current US$ | -19.9% |
| 1977 | -548.71 million current US$ | +25.7% |
| 1978 | -565.87 million current US$ | +3.1% |
| 1979 | -713.37 million current US$ | +26.1% |
| 1980 | -1.09 billion current US$ | +53.3% |
| 1981 | -1.10 billion current US$ | +0.5% |
| 1982 | -845.83 million current US$ | -23.0% |
| 1983 | -882.10 million current US$ | +4.3% |
| 1984 | -881.59 million current US$ | -0.1% |
| 1985 | -809.05 million current US$ | -8.2% |
| 1986 | -1.17 billion current US$ | +44.7% |
| 1987 | -1.29 billion current US$ | +10.4% |
| 1988 | -1.56 billion current US$ | +20.6% |
| 1989 | -1.24 billion current US$ | -20.2% |
| 1990 | -1.72 billion current US$ | +38.1% |
| 1991 | -1.64 billion current US$ | -4.4% |
| 1992 | -2.15 billion current US$ | +31.2% |
| 1993 | -2.18 billion current US$ | +1.4% |
| 1994 | -2.75 billion current US$ | +25.8% |
| 1995 | -2.98 billion current US$ | +8.5% |
| 1996 | -3.52 billion current US$ | +18.2% |
| 1997 | -2.98 billion current US$ | -15.3% |
| 1998 | -3.23 billion current US$ | +8.4% |
| 1999 | -3.07 billion current US$ | -5.0% |
| 2000 | -2.67 billion current US$ | -13.0% |
| 2001 | -2.31 billion current US$ | -13.4% |
| 2002 | -2.64 billion current US$ | +14.3% |
| 2003 | -4.09 billion current US$ | +54.8% |
| 2004 | -5.13 billion current US$ | +25.4% |
| 2005 | -5.24 billion current US$ | +2.0% |
| 2006 | -5.41 billion current US$ | +3.3% |
| 2007 | -5.02 billion current US$ | -7.2% |
| 2008 | -7.17 billion current US$ | +43.0% |
| 2009 | -6.10 billion current US$ | -15.0% |
| 2010 | -4.64 billion current US$ | -24.0% |
| 2011 | -5.97 billion current US$ | +28.7% |
| 2012 | -5.10 billion current US$ | -14.4% |
| 2013 | -6.99 billion current US$ | +36.9% |
| 2014 | -6.49 billion current US$ | -7.1% |
| 2015 | -6.42 billion current US$ | -1.1% |
| 2016 | -6.62 billion current US$ | +3.1% |
| 2017 | -5.26 billion current US$ | -20.5% |
| 2018 | -6.20 billion current US$ | +17.8% |
| 2019 | -6.25 billion current US$ | +0.8% |
| 2020 | -7.28 billion current US$ | +16.5% |
| 2021 | -7.90 billion current US$ | +8.5% |
| 2022 | -6.07 billion current US$ | -23.2% |
| 2023 | -8.68 billion current US$ | +43.1% |
| 2024 | -10.98 billion current US$ | +26.4% |
Belgium compared with similar countries
- Belgium's -10.98 billion current US$ is below the median for high income countries, which is -387.92 million current US$, 28.3× the median. (73 countries reporting)
- Belgium's -10.98 billion current US$ is below the median for Europe & Central Asia, which is -5.29 million current US$, 2073.6× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -393.58 million current US$ | -713.37 million current US$ | -138.22 million current US$ | 10 |
| 1980s | -1.09 billion current US$ | -1.56 billion current US$ | -809.05 million current US$ | 10 |
| 1990s | -2.62 billion current US$ | -3.52 billion current US$ | -1.64 billion current US$ | 10 |
| 2000s | -4.58 billion current US$ | -7.17 billion current US$ | -2.31 billion current US$ | 10 |
| 2010s | -5.99 billion current US$ | -6.99 billion current US$ | -4.64 billion current US$ | 10 |
| 2020s | -8.18 billion current US$ | -10.98 billion current US$ | -6.07 billion current US$ | 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)
- SDRs holdings, US dollar, annual growth rate 2.78 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0205 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,248 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.12 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.015 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 911.55 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.2 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (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 -10.98 billion current US$ 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 -138.22 million current US$ in 1970.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Belgium?
- The lowest recorded value was -10.98 billion current US$ in 2024.
- How does Belgium rank for net secondary income (net current transfers from abroad)?
- Belgium ranks 189th out of 203 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 69.2%. 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 US$). 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 indicator is expressed in United States dollars.