Net secondary income (Net current transfers from abroad) 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$, in 2024.
Belgium ranks 188th of 202 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -393.58 million current US$ | -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
- External balance on goods and services as a percent of GDP -2.0% (2025)
- Inflation of consumer prices 2.5% (2025)
- GDP per capita 45,146 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 11.2% (2025)
- Gross domestic product (GDP) 539.12 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 45,146 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -10.14 billion current LCU (2024)
- Taxes less subsidies on products 60.55 billion current LCU (2025)
- Taxes less subsidies on products 68.42 billion current US$ (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 188th out of 202 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.