France's net secondary income (net current transfers from abroad) (current US$) was −US$53.93 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 16.33% from −US$64.46 billion in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$53.93 billion | 2024 |
| Five years earlier | −US$51.96 billion | 2019 |
| Ten years earlier | −US$64.46 billion | 2014 |
| Highest | −US$779.11 million | 1960 |
| Lowest | −US$64.46 billion | 2014 |
| Average since 2015 | −US$53.82 billion | 2015–2024 |
| First recorded | −US$779.11 million |
What the numbers say
In 2024, France's net secondary income (net current transfers from abroad) (current US$) rose US$3.76 billion on 2023 (from −US$57.69 billion to −US$53.93 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was −US$1.34 billion and a typical year strayed about US$4.24 billion from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was US$13.93 billion in 2015 and the biggest yearly fall was US$7.27 billion in 2007. 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 US$647.1 million a year. A straight line explains 40% 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 52nd 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
- Kuwait — 49th of 54: −US$14.57 billion
- United Kingdom — 50th of 54: −US$22.63 billion
- Japan — 51st of 54: −US$28.09 billion
- United Arab Emirates — 53rd of 54: −US$67.07 billion
- United States — 54th of 54: −US$273.12 billion
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 65 values
| Year | Net secondary income (net current transfers from abroad) (current US$) |
|---|---|
| 2024 | -53,930,689,236 |
| 2023 | -57,691,087,618 |
| 2022 | -54,275,179,858 |
| 2021 | -55,366,439,395 |
| 2020 | -58,344,519,441 |
| 2019 | -51,957,050,949 |
| 2018 | -55,772,230,062 |
| 2017 | -48,959,139,539 |
| 2016 | -51,350,785,069 |
| 2015 | -50,526,329,429 |
Net secondary income (net current transfers from abroad) (current US$) in nearby economies
- Albania — US$1.53 billion (2025)
- Armenia — US$347.93 million (2025)
- Austria — −US$3.4 billion (2024)
- Azerbaijan — US$742.14 million (2025)
- Belarus — US$1.08 billion (2025)
- Belgium — −US$10.98 billion (2024)
- Bosnia and Herzegovina — US$3.23 billion (2025)
- Bulgaria — US$1.49 billion (2025)
- Croatia
More economic policy & debt data for France
- Total reserves, including gold (current US$) — 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$1.82 trillion (2025)
Reading data like this
Questions people ask
- What is France's net secondary income (net current transfers from abroad) (current US$)?
- −US$53.93 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is down 6,822% from −US$779.11 million in 1960. The highest value was −US$779.11 million in 1960 and the lowest −US$64.46 billion in 2014.
- How does France rank?
- 52nd highest of 54 economies with data for 2024.
- Is the latest change in net secondary income (net current transfers from abroad) (current US$) unusual for France?
- In 2024, France's net secondary income (net current transfers from abroad) (current US$) rose US$3.76 billion on 2023 (from −US$57.69 billion to −US$53.93 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was −US$1.34 billion and a typical year strayed about US$4.24 billion from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.TRF.NCTR.CD, 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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