United Arab Emirates's net secondary income (net current transfers from abroad) (current US$) was −US$67.07 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 137.51% from −US$28.24 billion in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$67.07 billion | 2024 |
| Five years earlier | −US$47.28 billion | 2019 |
| Ten years earlier | −US$28.24 billion | 2014 |
| Highest | −US$3.96 billion | 2000 |
| Lowest | −US$67.07 billion | 2024 |
| Average since 2015 | −US$51.37 billion | 2015–2024 |
| First recorded | −US$3.96 billion |
What the numbers say
In 2024, United Arab Emirates' net secondary income (net current transfers from abroad) (current US$) fell US$5.01 billion on 2023 (from −US$62.06 billion to −US$67.07 billion).
Across the 23 yearly changes before that (2001 to 2023), the average change was −US$2.53 billion and a typical year strayed about US$3.04 billion from that (the standard deviation). This year's change was 0.8 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 US$544.59 million in 2016 and the biggest yearly fall was US$11.41 billion in 2015. 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$3.31 billion a year. A straight line explains 97% 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 −US$77.92 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was US$1.15 billion, against US$7.53 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 2024, United Arab Emirates had the 54th 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 United Arab Emirates in the 2024 ranking
- United Kingdom — 50th of 54: −US$22.63 billion
- Japan — 51st of 54: −US$28.09 billion
- France — 52nd of 54: −US$53.93 billion
- United States — 54th of 54: −US$273.12 billion
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 25 values
| Year | Net secondary income (net current transfers from abroad) (current US$) |
|---|---|
| 2024 | -67,066,031,314 |
| 2023 | -62,055,820,286 |
| 2022 | -61,592,920,354 |
| 2021 | -56,038,121,171 |
| 2020 | -53,614,703,880 |
| 2019 | -47,280,871,341 |
| 2018 | -46,105,922,396 |
| 2017 | -41,198,093,941 |
| 2016 | -39,101,429,544 |
| 2015 | -39,646,017,699 |
Net secondary income (net current transfers from abroad) (current US$) in nearby economies
- Afghanistan — US$5.89 billion (2024)
- Algeria — US$2.55 billion (2024)
- Bahrain — −US$2.78 billion (2025)
- Djibouti — US$9.3 million (2024)
- Egypt, Arab Rep. — US$36.3 billion (2025)
- Iran, Islamic Rep. — US$819.7 million (2015)
- Iraq — US$357.4 million (2024)
- Israel — US$4.12 billion (2025)
- Jordan
More economic policy & debt data for United Arab Emirates
- Foreign direct investment, net inflows (BoP, current US$) — US$48.24 billion (2025)
- Foreign direct investment, net inflows (% of GDP) — 8.26% (2024)
- GDP (current US$) — US$552.33 billion (2024)
- GDP (current LCU) — 2.03 trillion (2024)
- GDP (constant 2015 US$) — US$457.09 billion (2024)
- GDP (constant LCU) — 1.78 trillion (2024)
- GDP per capita (current US$) — US$50,274 (2024)
- GDP per capita (current LCU) — 184,629 (2024)
- GDP per capita (constant 2015 US$) — US$41,605 (2024)
- GDP per capita (constant LCU)
Reading data like this
Questions people ask
- What is United Arab Emirates's net secondary income (net current transfers from abroad) (current US$)?
- −US$67.07 billion in 2024, according to the World Bank (World Development Indicators).
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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