Iceland vs Malawi: Personal remittances, paid (current US$), per unit of GDP

Iceland
0.0191 current US$ per US$ of GDP
in 2025
Malawi
0.0175 current US$ per US$ of GDP
in 2024
Iceland rank
51st
Malawi rank
53rd

Personal remittances, paid (current US$), per unit of GDP over time

  • Iceland
  • Malawi
00.0050.010.0150.02197720012025

How they compare

Iceland currently reports 0.0191 current US$ per US$ of GDP against 0.0175 current US$ per US$ of GDP in Malawi, a difference of 0.0016 current US$ per US$ of GDP.

That makes Iceland's figure about 1.1 times Malawi's.

Across all 45 years both countries report, Iceland has been ahead every year.

Iceland ranks 51st and Malawi ranks 53rd of 195 countries.

Iceland has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Iceland Malawi Difference Ahead
1980s 0.0007 current US$ per US$ of GDP 0.0001 current US$ per US$ of GDP 0.0006 current US$ per US$ of GDP Iceland
1990s 0.0019 current US$ per US$ of GDP 0.0002 current US$ per US$ of GDP 0.0017 current US$ per US$ of GDP Iceland
2000s 0.0068 current US$ per US$ of GDP 0.001 current US$ per US$ of GDP 0.0057 current US$ per US$ of GDP Iceland
2010s 0.0106 current US$ per US$ of GDP 0.0018 current US$ per US$ of GDP 0.0088 current US$ per US$ of GDP Iceland
2020s 0.0164 current US$ per US$ of GDP 0.0119 current US$ per US$ of GDP 0.0045 current US$ per US$ of GDP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal remittances, paid (current us$), per unit of gdp, Iceland or Malawi?
Iceland, at 0.0191 current US$ per US$ of GDP against 0.0175 current US$ per US$ of GDP in Malawi as of 2025.
What is the difference in personal remittances, paid (current us$), per unit of gdp between Iceland and Malawi?
0.0016 current US$ per US$ of GDP, with Iceland ahead.
How many years of comparable data are there for Iceland and Malawi?
45 years are reported by both, from 1980 to 2024.
How do Iceland and Malawi rank globally for personal remittances, paid (current us$), per unit of gdp?
Iceland ranks 51st and Malawi ranks 53rd of 195 countries.
Where does this data come from?
Statizoid (derived), published as Personal remittances, paid (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Malawi: Personal remittances, paid (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/personal-remittances-paid-current-us-per-unit-of-gdp/iceland/malawi/

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About this data

Indicator
Personal remittances, paid (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
242 places, 9,632 data points, 1966–2025
Last refreshed

Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.