World Bank · Economy

Cyprus: Net secondary income (Net current transfers from abroad) (constant LCU)

-31.86Mconstant LCU · 2008-175.1% since 1998

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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units. Reported as: Net current transfers from abroad. Annual figures for Cyprus from 1980 to 2008.