Sweden's net secondary income (net current transfers from abroad) (current LCU) was -120.18 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 79.7% from -66.88 billion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -120.18 billion | 2025 |
| Five years earlier | -105 billion | 2020 |
| Ten years earlier | -66.88 billion | 2015 |
| Highest | -819.51 million | 1970 |
| Lowest | -120.18 billion | 2025 |
| Average since 2016 | -93.7 billion | 2016–2025 |
| First recorded | -819.51 million |
What the numbers say
In 2025, Sweden's net secondary income (net current transfers from abroad) (current LCU) fell 12.5 billion on 2024 (from -107.68 billion to -120.18 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was −3.22 billion and a typical year strayed about 7.57 billion from that (the standard deviation). This year's change was 1.2 standard deviations below 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 15.62 billion in 2023 and the biggest yearly fall was 19.21 billion in 2019. 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 the straight-line trend is downward, about 6.05 billion a year. A straight line explains 80% 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.
A straight-line projection, tested first
Extending that straight line gives about -134.23 billion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 6.83 billion, against 9.37 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2025, Sweden had the 125th 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 Sweden in the 2025 ranking
- Mauritius — 122nd of 130: -53.6 billion
- Germany — 123rd of 130: -57.63 billion
- Kazakhstan — 124th of 130: -87.74 billion
- Saudi Arabia — 126th of 130: -245.86 billion
- Côte d'Ivoire — 127th of 130: -295.01 billion
- Angola — 128th of 130: -364.31 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 56 values
| Year | Net secondary income (net current transfers from abroad) (current LCU) |
|---|---|
| 2025 | -120,177,000,000 |
| 2024 | -107,681,000,000 |
| 2023 | -97,005,000,000 |
| 2022 | -112,625,000,000 |
| 2021 | -97,890,000,000 |
| 2020 | -104,995,000,000 |
| 2019 | -95,798,000,000 |
| 2018 | -76,592,000,000 |
| 2017 | -67,836,000,000 |
| 2016 | -56,358,000,000 |
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 Sweden
- Total reserves, including gold (current US$) — US$74.2 billion (2025)
- Total reserves, excluding gold (current US$) — US$56.54 billion (2025)
- General government final consumption expenditure (current US$) — US$176.83 billion (2025)
- General government final consumption expenditure (current LCU) — 1.74 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$143.54 billion (2025)
- General government final consumption expenditure (constant LCU) — 1.43 trillion (2025)
- General government final consumption expenditure (% of GDP) — 26.43% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$307.6 billion (2025)
Reading data like this
Questions people ask
- What is Sweden's net secondary income (net current transfers from abroad) (current LCU)?
- -120.18 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is down 14,564% from -819.51 million in 1970. The highest value was -819.51 million in 1970 and the lowest -120.18 billion in 2025.
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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