Estonia's net secondary income (net current transfers from abroad) (current LCU) was 174.4 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 1,086% from 14.7 million in 2014 (28.06% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 174.4 million | 2024 |
| Five years earlier | 74.2 million | 2019 |
| Ten years earlier | 14.7 million | 2014 |
| Highest | 174.4 million | 2024 |
| Lowest | -108.9 million | 2022 |
| Average since 2015 | 47.71 million | 2015–2024 |
| First recorded | 100.74 million |
What the numbers say
In 2024, Estonia's net secondary income (net current transfers from abroad) (current LCU) rose 1.9 million on 2023 (from 172.5 million to 174.4 million).
Across the 23 yearly changes before that (2001 to 2023), the average change was +3.12 million and a typical year strayed about 87.55 million from that (the standard deviation). This year's change was 0.0 standard deviations below 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 281.4 million in 2023 and the biggest yearly fall was 117.2 million in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 5% 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 2024, Estonia had the 26th highest value of the 54 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 Estonia in the 2024 ranking
- Faroe Islands — 23rd of 54: 485.6 million
- Tonga — 24th of 54: 468.46 million
- Timor-Leste — 25th of 54: 224.71 million
- Lithuania — 27th of 54: 170.05 million
- Marshall Islands — 28th of 54: 124.43 million
- Bahamas, The — 29th of 54: -29.9 million
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 25 values
| Year | Net secondary income (net current transfers from abroad) (current LCU) |
|---|---|
| 2024 | 174,400,000 |
| 2023 | 172,500,000 |
| 2022 | -108,900,000 |
| 2021 | -31,800,000 |
| 2020 | -6,400,000 |
| 2019 | 74,200,000 |
| 2018 | 70,100,000 |
| 2017 | 158,900,000 |
| 2016 | -32,900,000 |
| 2015 | 7,000,000 |
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 Estonia
- Adjusted savings, education expenditure (% of GNI) — 4.76% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Adjusted savings, energy depletion (current US$) — US$274.52 million (2021)
- Net financial flows, IBRD (NFL, current US$) — US$0 (2016)
- GDP (current LCU) — 41.62 billion (2025)
- GDP, linked series (current LCU) — 41.62 billion (2025)
- GDP (constant 2015 US$) — US$27.72 billion (2025)
- GDP (constant LCU) — 29.11 billion (2025)
- GDP, PPP (current international $) — 71.2 billion (2025)
- GDP, PPP (constant 2021 international $)
Reading data like this
Questions people ask
- What is Estonia's net secondary income (net current transfers from abroad) (current LCU)?
- 174.4 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 73.11% from 100.74 million in 2000 (2.31% a year on average, compounded). The highest value was 174.4 million in 2024 and the lowest -108.9 million in 2022.
- How does Estonia rank?
- 26th highest of 54 economies with data for 2024.
- Is the latest change in net secondary income (net current transfers from abroad) (current LCU) unusual for Estonia?
- In 2024, Estonia's net secondary income (net current transfers from abroad) (current LCU) rose 1.9 million on 2023 (from 172.5 million to 174.4 million). Across the 23 yearly changes before that (2001 to 2023), the average change was +3.12 million and a typical year strayed about 87.55 million from that (the standard deviation). This year's change was 0.0 standard deviations below 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in