Iceland vs Panama: Personal remittances, received (current US$), per unit of GDP

Iceland
0.0073 current US$ per US$ of GDP
in 2025
Panama
0.007 current US$ per US$ of GDP
in 2025
Iceland rank
138th
Panama rank
140th

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

  • Iceland
  • Panama
00.010.020.030.04197620002025

How they compare

Iceland currently reports 0.0073 current US$ per US$ of GDP against 0.007 current US$ per US$ of GDP in Panama, a difference of 0.0003 current US$ per US$ of GDP.

The two have swapped places 11 times across 49 shared years of data; in 1977 it was Panama ahead.

Iceland ranks 138th and Panama ranks 140th of 196 countries.

Across the 6 decades both report, Iceland averaged higher in 1 and Panama in 5.

Head to head by decade

Decade Iceland Panama Difference Ahead
1970s 0.0007 current US$ per US$ of GDP 0.0372 current US$ per US$ of GDP 0.0366 current US$ per US$ of GDP Panama
1980s 0.0019 current US$ per US$ of GDP 0.0144 current US$ per US$ of GDP 0.0124 current US$ per US$ of GDP Panama
1990s 0.0065 current US$ per US$ of GDP 0.0106 current US$ per US$ of GDP 0.0042 current US$ per US$ of GDP Panama
2000s 0.0052 current US$ per US$ of GDP 0.0096 current US$ per US$ of GDP 0.0045 current US$ per US$ of GDP Panama
2010s 0.0099 current US$ per US$ of GDP 0.0101 current US$ per US$ of GDP 0.0002 current US$ per US$ of GDP Panama
2020s 0.0072 current US$ per US$ of GDP 0.0069 current US$ per US$ of GDP 0.0003 current US$ per US$ of GDP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal remittances, received (current us$), per unit of gdp, Iceland or Panama?
Iceland, at 0.0073 current US$ per US$ of GDP against 0.007 current US$ per US$ of GDP in Panama as of 2025.
What is the difference in personal remittances, received (current us$), per unit of gdp between Iceland and Panama?
0.0003 current US$ per US$ of GDP, with Iceland ahead.
How many years of comparable data are there for Iceland and Panama?
49 years are reported by both, from 1977 to 2025.
How do Iceland and Panama rank globally for personal remittances, received (current us$), per unit of gdp?
Iceland ranks 138th and Panama ranks 140th of 196 countries.
Where does this data come from?
Statizoid (derived), published as Personal remittances, received (current US$), 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 Panama: Personal remittances, received (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/personal-remittances-received-current-us-per-unit-of-gdp/iceland/panama/

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About this data

Indicator
Personal remittances, received (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
243 places, 9,663 data points, 1970–2025
Last refreshed

Personal remittances, received (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.