France secondary income balance: United States
France secondary income balance: United States stood at 37 EUR million in Q2 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Balance of payments by partner table (Value · Quarterly), with a complete series running from Q1 2013 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Balance of payments by partner table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | |||||||||||
| Secondary income, balance | 37 | -33 | -92 | 72 | 76 | -42 | -18 | 43 | 14 | 18 | |
| Direct investment, net financial flows | -2,220 | 3,898 | -8,671 | -245 | 3,829 | 3,847 | -1,901 | -6,446 | 5,217 | 9,382 |
Understanding france secondary income balance: United States
The net position resulting from all unrequited financial transfers between domestic residents and entities in the United States constitutes this transfer balance. It calculates the difference between total secondary income receipts and total secondary income payments, isolating gratuitous resource movements from commercial trade and investment returns. This summary highlights whether inbound transfers like remittances and grants exceed outbound donations and aid.
Interpreting this net transfer metric requires recognizing that institutional grant schedules and remittance behaviors can generate substantial volatility between quarters. Comparing corresponding quarters across annual cycles offers a much clearer trend assessment than sequential period comparisons. Revisions to underlying receipt and payment components feed directly into this net calculation. Comparing this transfer balance with the capital account can sometimes confuse the recording boundaries between non-financial asset acquisition and unilateral transfers.
Frequently asked questions
- What does a negative secondary income balance mean?
- Outbound transfer payments exceeded inbound transfer receipts for the period.
- Are commercial transactions included in this balance?
- No, goods, services, and investment returns are tracked in separate balance of payments sections.
- Why is year-on-year comparison preferred over quarter-on-quarter?
- Recurring administrative and philanthropic cycles make matching quarters across years the most reliable benchmark.