Net current transfers from abroad (current LCU)
Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.
Description: The map below shows how Net current transfers from abroad (current LCU) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is Iran, with a value of 1,472,430,000,000,000.00. The country with the lowest value in the world is Korea, with a value of -10,377,100,000,000.00.
Source: World Bank national accounts data, and OECD National Accounts data files.