Iceland vs Spain: Personal remittances, paid
Personal remittances, paid over time
- Iceland
- Spain
How they compare
Spain currently reports 794.15 million current US$ against 737.49 million current US$ in Iceland, a difference of 56.66 million current US$.
That makes Spain's figure about 1.1 times Iceland's.
The two have swapped places 8 times across 49 shared years of data; in 1977 it was Spain ahead.
Iceland ranks 61st and Spain ranks 58th of 195 countries.
Across the 6 decades both report, Iceland averaged higher in 1 and Spain in 5.
Head to head by decade
| Decade | Iceland | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.53 million current US$ | 3.80 million current US$ | 2.26 million current US$ | Spain |
| 1980s | 3.41 million current US$ | 87.69 million current US$ | 84.28 million current US$ | Spain |
| 1990s | 14.38 million current US$ | 554.84 million current US$ | 540.46 million current US$ | Spain |
| 2000s | 117.21 million current US$ | 670.30 million current US$ | 553.08 million current US$ | Spain |
| 2010s | 231.90 million current US$ | 405.49 million current US$ | 173.59 million current US$ | Spain |
| 2020s | 517.55 million current US$ | 501.76 million current US$ | 15.79 million current US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Iceland or Spain?
- Spain, at 794.15 million current US$ against 737.49 million current US$ in Iceland as of 2025.
- What is the difference in personal remittances, paid between Iceland and Spain?
- 56.66 million current US$, with Spain ahead.
- How many years of comparable data are there for Iceland and Spain?
- 49 years are reported by both, from 1977 to 2025.
- How do Iceland and Spain rank globally for personal remittances, paid?
- Iceland ranks 61st and Spain ranks 58th of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.