France's net secondary income (net current transfers from abroad) (current LCU) was -49.83 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 2.69% from -48.52 billion in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -49.83 billion | 2024 |
| Five years earlier | -46.41 billion | 2019 |
| Ten years earlier | -48.52 billion | 2014 |
| Highest | -586.4 million | 1960 |
| Lowest | -53.36 billion | 2023 |
| Average since 2015 | -48.15 billion | 2015–2024 |
| First recorded | -586.4 million |
What the numbers say
In 2024, France's net secondary income (net current transfers from abroad) (current LCU) rose 3.53 billion on 2023 (from -53.36 billion to -49.83 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was −1.27 billion and a typical year strayed about 2.3 billion from that (the standard deviation). This year's change was 2.1 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 4.27 billion in 2021 and the biggest yearly fall was 5.41 billion in 2012. 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 the straight-line trend is downward, about 798.56 million a year. A straight line explains 59% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, France had the 48th 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 France in the 2024 ranking
- Spain — 45th of 54: -11.68 billion
- United Kingdom — 46th of 54: -17.71 billion
- Macao SAR, China — 47th of 54: -29.31 billion
- Iceland — 49th of 54: -52.85 billion
- Czechia — 50th of 54: -80.03 billion
- United Arab Emirates — 51st of 54: -246.3 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 65 values
| Year | Net secondary income (net current transfers from abroad) (current LCU) |
|---|---|
| 2024 | -49,826,000,000 |
| 2023 | -53,355,000,000 |
| 2022 | -51,541,000,000 |
| 2021 | -46,812,000,000 |
| 2020 | -51,081,000,000 |
| 2019 | -46,412,000,000 |
| 2018 | -47,226,400,000 |
| 2017 | -43,338,900,000 |
| 2016 | -46,391,400,000 |
| 2015 | -45,539,200,000 |
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 France
- Total reserves, including gold (current US$) — US$428.21 billion (2025)
- Total reserves, excluding gold (current US$) — US$85.98 billion (2025)
- General government final consumption expenditure (current US$) — US$820.11 billion (2025)
- General government final consumption expenditure (current LCU) — 725.78 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$677.3 billion (2025)
- General government final consumption expenditure (constant LCU) — 672.36 billion (2025)
- General government final consumption expenditure (% of GDP) — 24.36% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$1.82 trillion (2025)
Reading data like this
Questions people ask
- What is France's net secondary income (net current transfers from abroad) (current LCU)?
- -49.83 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is down 8,397% from -586.4 million in 1960. The highest value was -586.4 million in 1960 and the lowest -53.36 billion in 2023.
- How does France rank?
- 48th 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 France?
- In 2024, France's net secondary income (net current transfers from abroad) (current LCU) rose 3.53 billion on 2023 (from -53.36 billion to -49.83 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was −1.27 billion and a typical year strayed about 2.3 billion from that (the standard deviation). This year's change was 2.1 standard deviations above that average, so it was unusually large compared with the rest of the record.
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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