Cyprus's net secondary income (net current transfers from abroad) (current LCU) was -338.9 million in 2025, the latest year in the World Bank's World Development Indicators. That is up 19.73% from -422.18 million in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -338.9 million | 2025 |
| Five years earlier | -360.73 million | 2020 |
| Ten years earlier | -422.18 million | 2015 |
| Highest | 110.3 million | 2000 |
| Lowest | -424.71 million | 2023 |
| Average since 2016 | -333.22 million | 2016–2025 |
| First recorded | 19.5 million |
What the numbers say
In 2025, Cyprus' net secondary income (net current transfers from abroad) (current LCU) rose 24.7 million on 2024 (from -363.6 million to -338.9 million).
Across the 30 yearly changes before that (1995 to 2024), the average change was −14 million and a typical year strayed about 71.09 million from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 108.41 million in 2022 and the biggest yearly fall was 224.69 million in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Cyprus had the 104th highest value of the 130 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Cyprus in the 2025 ranking
- Seychelles — 101st of 130: -171.17 million
- Grenada — 102nd of 130: -171.99 million
- Antigua and Barbuda — 103rd of 130: -285.6 million
- Australia — 105th of 130: -521 million
- Brunei Darussalam — 106th of 130: -939.28 million
- Bahrain — 107th of 130: -1.04 billion
What this measures
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 series is expressed in local currency units.
All 50 values
| Year | Net secondary income (net current transfers from abroad) (current LCU) |
|---|---|
| 2025 | -338,900,000 |
| 2024 | -363,600,000 |
| 2023 | -424,705,054 |
| 2022 | -200,013,000 |
| 2021 | -308,418,200 |
| 2020 | -360,725,300 |
| 2019 | -273,361,300 |
| 2018 | -363,155,200 |
| 2017 | -331,826,600 |
| 2016 | -367,522,300 |
Net secondary income (net current transfers from abroad) (current LCU) in nearby economies
- Albania — 132.86 billion (2025)
- Armenia — 134.65 billion (2025)
- Austria — -3.14 billion (2024)
- Azerbaijan — 1.26 billion (2025)
- Belarus — 3.32 billion (2025)
- Belgium — -10.14 billion (2024)
- Bosnia and Herzegovina — 5.6 billion (2025)
- Bulgaria — 1.33 billion (2025)
- Croatia
More economic policy & debt data for Cyprus
- Total reserves, including gold (current US$) — US$2.95 billion (2025)
- Total reserves, excluding gold (current US$) — US$999.53 million (2025)
- Food, beverages and tobacco (% of value added in manufacturing) — 32.67% (2023)
- Machinery and transport equipment (% of value added in manufacturing) — 13.81% (2023)
- Other manufacturing (% of value added in manufacturing) — 39.94% (2023)
- Textiles and clothing (% of value added in manufacturing) — 1.35% (2023)
- Chemicals (% of value added in manufacturing) — 12.23% (2023)
- Foreign direct investment, net inflows (BoP, current US$) — US$11.16 billion (2025)
- Adjusted savings, education expenditure (% of GNI)
Reading data like this
Questions people ask
- What is Cyprus's net secondary income (net current transfers from abroad) (current LCU)?
- -338.9 million in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1976?
- It is down 1,838% from 19.5 million in 1976. The highest value was 110.3 million in 2000 and the lowest -424.71 million in 2023.
- How does Cyprus rank?
- 104th highest of 130 economies with data for 2025.
- Is the latest change in net secondary income (net current transfers from abroad) (current LCU) unusual for Cyprus?
- In 2025, Cyprus' net secondary income (net current transfers from abroad) (current LCU) rose 24.7 million on 2024 (from -363.6 million to -338.9 million). Across the 30 yearly changes before that (1995 to 2024), the average change was −14 million and a typical year strayed about 71.09 million from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.TRF.NCTR.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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