Net secondary income (Net current transfers from abroad) in Luxembourg
Luxembourg: Net secondary income (Net current transfers from abroad) was -636.12 million current US$ in 2024. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Luxembourg, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Luxembourg recorded -636.12 million current US$ for net secondary income (net current transfers from abroad) in 2024.
Compared with earlier readings it is up 4.4% on the previous year and down 261.2% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Luxembourg peaked at 1.29 billion current US$ in 2015 and was at its lowest, -919.30 million current US$, in 2009.
That places Luxembourg 166th out of 202 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Luxembourg, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | -638.75 million current US$ | — |
| 1996 | -679.35 million current US$ | +6.4% |
| 1997 | -685.72 million current US$ | +0.9% |
| 1998 | -699.15 million current US$ | +2.0% |
| 1999 | -608.02 million current US$ | -13.0% |
| 2000 | -324.65 million current US$ | -46.6% |
| 2001 | -302.90 million current US$ | -6.7% |
| 2002 | 125.29 million current US$ | -141.4% |
| 2003 | 200.22 million current US$ | +59.8% |
| 2004 | -333.74 million current US$ | -266.7% |
| 2005 | -127.02 million current US$ | -61.9% |
| 2006 | -41.69 million current US$ | -67.2% |
| 2007 | 166.92 million current US$ | -500.4% |
| 2008 | 48.53 million current US$ | -70.9% |
| 2009 | -919.30 million current US$ | -1994.1% |
| 2010 | -105.79 million current US$ | -88.5% |
| 2011 | -343.26 million current US$ | +224.5% |
| 2012 | -428.35 million current US$ | +24.8% |
| 2013 | 362.18 million current US$ | -184.6% |
| 2014 | 394.70 million current US$ | +9.0% |
| 2015 | 1.29 billion current US$ | +226.3% |
| 2016 | 1.15 billion current US$ | -10.7% |
| 2017 | -191.25 million current US$ | -116.6% |
| 2018 | -131.56 million current US$ | -31.2% |
| 2019 | 322.30 million current US$ | -345.0% |
| 2020 | -28.21 million current US$ | -108.8% |
| 2021 | -218.57 million current US$ | +674.7% |
| 2022 | -832.75 million current US$ | +281.0% |
| 2023 | -665.74 million current US$ | -20.1% |
| 2024 | -636.12 million current US$ | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -662.20 million current US$ | -699.15 million current US$ | -608.02 million current US$ | 5 |
| 2000s | -150.83 million current US$ | -919.30 million current US$ | 200.22 million current US$ | 10 |
| 2010s | 231.75 million current US$ | -428.35 million current US$ | 1.29 billion current US$ | 10 |
| 2020s | -476.28 million current US$ | -832.75 million current US$ | -28.21 million current US$ | 5 |
Countries ranked near Luxembourg
- 163 Côte d'Ivoire -506.95 million current US$ compare
- 164 Türkiye -542.00 million current US$ compare
- 165 Maldives -617.31 million current US$ compare
- 167 Brunei Darussalam -718.33 million current US$ compare
- 168 New Zealand -754.10 million current US$ compare
- 169 Mauritius -1.17 billion current US$ compare
More economy & growth data for Luxembourg
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 0.6379 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7015 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 103,292 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 0.6379 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.6817 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 100,385 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 6.21 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.4666 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Luxembourg?
- Net secondary income (net current transfers from abroad) in Luxembourg was -636.12 million 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 Luxembourg?
- The highest recorded value was 1.29 billion current US$ in 2015.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Luxembourg?
- The lowest recorded value was -919.30 million current US$ in 2009.
- How does Luxembourg rank for net secondary income (net current transfers from abroad)?
- Luxembourg ranks 166th out of 202 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in Luxembourg?
- Over the last ten years it is down 261.2%. The long-run trend across the full record is volatile.
- Where does this Luxembourg 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.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.