World Bank · Economy

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

1.18Bconstant LCU · 2012-42.5% since 2002

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 Uruguay from 1988 to 2012.