Net secondary income (Net current transfers from abroad) in Switzerland
Switzerland: Net secondary income (Net current transfers from abroad) was -22.93 billion current US$ 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 US$.
Analysis
In 2023, net secondary income (net current transfers from abroad) in Switzerland stood at -22.93 billion current US$.
Compared with earlier readings it is down 12.3% on the previous year and down 18.4% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Switzerland peaked at -16.55 billion current US$ in 2012 and was at its lowest, -25.64 billion current US$, in 2014.
That places Switzerland 196th out of 202 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Net secondary income (Net current transfers from abroad) in Switzerland, year by year
| Year | current US$ | Change |
|---|---|---|
| 2012 | -16.55 billion current US$ | — |
| 2013 | -19.38 billion current US$ | +17.1% |
| 2014 | -25.64 billion current US$ | +32.3% |
| 2015 | -20.63 billion current US$ | -19.5% |
| 2016 | -20.98 billion current US$ | +1.7% |
| 2017 | -21.07 billion current US$ | +0.4% |
| 2018 | -19.59 billion current US$ | -7.0% |
| 2019 | -21.00 billion current US$ | +7.2% |
| 2020 | -22.73 billion current US$ | +8.2% |
| 2021 | -20.45 billion current US$ | -10.1% |
| 2022 | -20.42 billion current US$ | -0.1% |
| 2023 | -22.93 billion current US$ | +12.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -20.60 billion current US$ | -25.64 billion current US$ | -16.55 billion current US$ | 8 |
| 2020s | -21.63 billion current US$ | -22.93 billion current US$ | -20.42 billion current US$ | 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)
- GDP (current US$), annual growth rate 7.59 % change on previous year (2025)
- GDP (current US$), per capita 114,769 current US$ per person (2025)
- GDP (current LCU), annual growth rate 1.59 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.8314 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 95,414 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.3 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8132 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 93,328 constant 2015 US$ per person (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 -22.93 billion current US$ 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 -16.55 billion current US$ in 2012.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Switzerland?
- The lowest recorded value was -25.64 billion current US$ in 2014.
- How does Switzerland rank for net secondary income (net current transfers from abroad)?
- Switzerland ranks 196th 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 18.4%. 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 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.