Global Net Secondary Income Transfers in Current US Dollars

Net secondary income data measures unrequited financial transfers between a country's residents and the rest of the world, expressed in current US dollars without inflation adjustment. The World Bank's World Development Indicators organization compiles this indicator as part of the Balance of Payments framework. It tracks the net flow of income that carries no provision for repayment.

Use Cases

• Analyze trends in a country's net secondary income over time to assess dependency on foreign aid or remittance inflows.
• Compare the net secondary income indicator across countries to identify major donor and recipient economies.
• Model the relationship between net secondary income and other macroeconomic variables like GDP or current account balance.
• Forecast future net secondary income flows using historical time-series data from the indicator.

Strengths

• Indicator is standardized across countries using the Balance of Payments (BoP) framework.
• Data is expressed in a common currency (current US dollars) for cross-country comparison.

Limitations

• Values are in current prices and are not adjusted for inflation, complicating long-term trend analysis.
• Specific row count, time range, and geographic coverage for the dataset are unknown.

Provenance

Source

World Bank World Development Indicators

Collection Method

Compiled from national balance of payments statistics reported by countries.

Geography

Global coverage for reporting countries.