Net secondary income (Net current transfers from abroad) (current US$) in Spain
Spain: Net secondary income (Net current transfers from abroad) was -12.64 billion current US$ 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 US$.
Analysis
The most recent figure for net secondary income (net current transfers from abroad) in Spain is -12.64 billion current US$, measured in 2024.
The figure is down 0.5% on the previous year and down 1.2% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Spain peaked at 1.13 billion current US$ in 1988 and was at its lowest, -20.95 billion current US$, in 2008.
That places Spain 192nd out of 203 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Spain, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 341.43 million current US$ | — |
| 1971 | 401.81 million current US$ | +17.7% |
| 1972 | 466.20 million current US$ | +16.0% |
| 1973 | 682.77 million current US$ | +46.5% |
| 1974 | 551.06 million current US$ | -19.3% |
| 1975 | 574.58 million current US$ | +4.3% |
| 1976 | 502.01 million current US$ | -12.6% |
| 1977 | 475.21 million current US$ | -5.3% |
| 1978 | 616.09 million current US$ | +29.6% |
| 1979 | 556.85 million current US$ | -9.6% |
| 1980 | 708.29 million current US$ | +27.2% |
| 1981 | 605.91 million current US$ | -14.5% |
| 1982 | 590.45 million current US$ | -2.6% |
| 1983 | 432.86 million current US$ | -26.7% |
| 1984 | 444.10 million current US$ | +2.6% |
| 1985 | 395.13 million current US$ | -11.0% |
| 1986 | 105.44 million current US$ | -73.3% |
| 1987 | 628.58 million current US$ | +496.1% |
| 1988 | 1.13 billion current US$ | +79.4% |
| 1989 | 782.45 million current US$ | -30.6% |
| 1990 | 126.23 million current US$ | -83.9% |
| 1991 | -283.63 million current US$ | -324.7% |
| 1992 | -1.19 billion current US$ | +320.2% |
| 1993 | -889.35 million current US$ | -25.4% |
| 1994 | -1.29 billion current US$ | +45.1% |
| 1995 | 594.27 million current US$ | -146.1% |
| 1996 | -934.32 million current US$ | -257.2% |
| 1997 | -1.15 billion current US$ | +22.8% |
| 1998 | -1.73 billion current US$ | +50.6% |
| 1999 | -2.30 billion current US$ | +33.2% |
| 2000 | -3.45 billion current US$ | +49.8% |
| 2001 | -4.21 billion current US$ | +22.2% |
| 2002 | -3.93 billion current US$ | -6.7% |
| 2003 | -7.24 billion current US$ | +84.1% |
| 2004 | -8.37 billion current US$ | +15.7% |
| 2005 | -11.51 billion current US$ | +37.5% |
| 2006 | -15.48 billion current US$ | +34.4% |
| 2007 | -16.44 billion current US$ | +6.2% |
| 2008 | -20.95 billion current US$ | +27.4% |
| 2009 | -17.82 billion current US$ | -15.0% |
| 2010 | -15.12 billion current US$ | -15.1% |
| 2011 | -16.67 billion current US$ | +10.2% |
| 2012 | -14.34 billion current US$ | -14.0% |
| 2013 | -15.23 billion current US$ | +6.2% |
| 2014 | -12.49 billion current US$ | -18.0% |
| 2015 | -10.75 billion current US$ | -14.0% |
| 2016 | -12.18 billion current US$ | +13.3% |
| 2017 | -10.54 billion current US$ | -13.5% |
| 2018 | -12.87 billion current US$ | +22.1% |
| 2019 | -13.36 billion current US$ | +3.8% |
| 2020 | -11.73 billion current US$ | -12.2% |
| 2021 | -12.92 billion current US$ | +10.1% |
| 2022 | -13.87 billion current US$ | +7.3% |
| 2023 | -12.58 billion current US$ | -9.3% |
| 2024 | -12.64 billion current US$ | +0.5% |
Spain compared with similar countries
- Spain's -12.64 billion current US$ is below the median for high income countries, which is -387.92 million current US$, 32.6× the median. (73 countries reporting)
- Spain's -12.64 billion current US$ is below the median for Europe & Central Asia, which is -5.29 million current US$, 2386.9× the median. (53 countries reporting)
Biggest year-on-year movements
Years where Net secondary income (Net current transfers from abroad) in Spain changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +496.1% | 105.44 million current US$ | 628.58 million current US$ |
| 1991 | -324.7% | 126.23 million current US$ | -283.63 million current US$ |
| 1992 | -320.2% | -283.63 million current US$ | -1.19 billion current US$ |
| 1996 | -257.2% | 594.27 million current US$ | -934.32 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 516.80 million current US$ | 341.43 million current US$ | 682.77 million current US$ | 10 |
| 1980s | 582.10 million current US$ | 105.44 million current US$ | 1.13 billion current US$ | 10 |
| 1990s | -904.84 million current US$ | -2.30 billion current US$ | 594.27 million current US$ | 10 |
| 2000s | -10.94 billion current US$ | -20.95 billion current US$ | -3.45 billion current US$ | 10 |
| 2010s | -13.36 billion current US$ | -16.67 billion current US$ | -10.54 billion current US$ | 10 |
| 2020s | -12.75 billion current US$ | -13.87 billion current US$ | -11.73 billion current US$ | 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)
- SDRs holdings, US dollar, annual growth rate -9.14 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 298.15 units per person (2025)
- SDRs holdings, SDR, annual growth rate -13.48 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 217.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.3 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0051 units per US$ of GDP (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 -12.64 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 Spain?
- The highest recorded value was 1.13 billion current US$ in 1988.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Spain?
- The lowest recorded value was -20.95 billion current US$ in 2008.
- How does Spain rank for net secondary income (net current transfers from abroad)?
- Spain ranks 192nd 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 1.2%. 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 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.