The European National Secondary Income: Current Transfers demonstrate varied trends across countries. In 2023, France led with the highest value at 2.1085 trillion euros. The year-on-year increase was highest for Ireland at 6.66%, reflecting substantial growth. Spain, Slovenia, and Cyprus also showed significant increases above 4.5%. Most countries experienced moderate growth, with the Netherlands and Portugal seeing increases of 2.7% and 2.46%, respectively.
Future trends to watch include:
- Continued high growth in Ireland, potentially influencing regional economic dynamics.
- Potential slowdown in growth for countries with minimal increases, impacting their economic recovery.
- Adapting strategies to tap into EU funds as changes in policy can impact transfers significantly.
Top countries in National Secondary Income: Current Transfers by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,108,500 | 2023 | +1.6% | +1.59% | View data |
| 2 | 2 Italy | 1,343,600 | 2023 | +1.69% | +2.34% | View data |
| 3 | 3 Spain | 954,750 | 2023 | +4.2% | +4.79% | View data |
| 4 | 4 Netherlands | 687,040 | 2023 | +1.98% | +2.7% | View data |
| 5 | 5 Finland | 179,220 | 2023 | +1.8% | +1.95% | View data |
| 6 | 6 Ireland | 175,800 | 2023 | +5.7% | +6.66% | View data |
| 7 | 7 Portugal | 147,870 | 2023 | +2.12% | +2.46% | View data |
| 8 | 8 Luxembourg | 52,180 | 2023 | +4.36% | +5.3% | View data |
| 9 | 9 Slovenia | 34,890 | 2023 | +5.16% | +5.72% | View data |
| 10 | 10 Latvia | 16,240 | 2023 | +2.64% | +2.44% | View data |