In 2023, France led the European National Secondary Income Current Transfers with 36.85 million euros, followed by Italy and Spain with 23.48 million and 16.69 million euros, respectively. Notably, Ireland and Slovenia showed significant year-on-year growth at 6.66% and 5.72%. Luxembourg and Cyprus also experienced notable increases. Over the past five years, Europe has exhibited consistent growth in secondary income transfers, with varying rates across countries.
Looking forward, future trends may include increased transfers due to economic integration initiatives and enhanced fiscal policies within the EU. Monitoring unilateral transfers will be essential to assess their impact on national incomes.
Top countries in National Secondary Income: Current Transfers Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 36.85 | 2023 | +1.6% | +1.59% | View data |
| 2 | 2 Italy | 23.48 | 2023 | +1.69% | +2.34% | View data |
| 3 | 3 Spain | 16.69 | 2023 | +4.2% | +4.79% | View data |
| 4 | 4 Netherlands | 12.01 | 2023 | +1.98% | +2.7% | View data |
| 5 | 5 Finland | 3.13 | 2023 | +1.8% | +1.95% | View data |
| 6 | 6 Ireland | 3.07 | 2023 | +5.7% | +6.66% | View data |
| 7 | 7 Portugal | 2.58 | 2023 | +2.12% | +2.46% | View data |
| 8 | 8 Luxembourg | 0.91 | 2023 | +4.36% | +5.3% | View data |
| 9 | 9 Slovenia | 0.61 | 2023 | +5.16% | +5.72% | View data |
| 10 | 10 Latvia | 0.28 | 2023 | +2.64% | +2.44% | View data |
