Iceland vs Palau: Personal remittances, received
Personal remittances, received over time
- Iceland
- Palau
How they compare
Palau currently reports 0.8% against 0.7% in Iceland, a difference of 0.1%.
That makes Palau's figure about 1.1 times Iceland's.
The two have swapped places 4 times across 19 shared years of data; in 2005 it was Palau ahead.
Iceland ranks 138th and Palau ranks 135th of 196 countries.
Across the 3 decades both report, Iceland averaged higher in 1 and Palau in 2.
Head to head by decade
| Decade | Iceland | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.5% | 0.8% | 0.3% | Palau |
| 2010s | 1.0% | 0.9% | 0.1% | Iceland |
| 2020s | 0.7% | 0.8% | 0.1% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Iceland or Palau?
- Palau, at 0.8% against 0.7% in Iceland as of 2023.
- What is the difference in personal remittances, received between Iceland and Palau?
- 0.1%, with Palau ahead.
- How many years of comparable data are there for Iceland and Palau?
- 19 years are reported by both, from 2005 to 2023.
- How do Iceland and Palau rank globally for personal remittances, received?
- Iceland ranks 138th and Palau ranks 135th of 196 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Personal remittances, received (% of GDP). 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.