Net primary income (BoP, current US$) in Iceland
Iceland: Net primary income (BoP, current US$) was -150.89 million BoP, current US$ in 2025. ◆ Volatile
Net primary income in Iceland, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net primary income in Iceland stood at -150.89 million BoP, current US$.
The figure is up 56.3% on the previous year and down 7,651.7% over ten years.
Over the whole period, net primary income in Iceland peaked at 673.11 million BoP, current US$ in 2020 and was at its lowest, -3.63 billion BoP, current US$, in 2008.
That places Iceland 75th out of 200 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (BoP, current US$) in Iceland, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | -52.50 million BoP, current US$ | — |
| 1977 | -58.50 million BoP, current US$ | +11.4% |
| 1978 | -71.80 million BoP, current US$ | +22.7% |
| 1979 | -83.10 million BoP, current US$ | +15.7% |
| 1980 | -111.80 million BoP, current US$ | +34.5% |
| 1981 | -136.30 million BoP, current US$ | +21.9% |
| 1982 | -138.10 million BoP, current US$ | +1.3% |
| 1983 | -137.10 million BoP, current US$ | -0.7% |
| 1984 | -154.90 million BoP, current US$ | +13.0% |
| 1985 | -146.40 million BoP, current US$ | -5.5% |
| 1986 | -163.20 million BoP, current US$ | +11.5% |
| 1987 | -170.10 million BoP, current US$ | +4.2% |
| 1988 | -202.30 million BoP, current US$ | +18.9% |
| 1989 | -237.20 million BoP, current US$ | +17.3% |
| 1990 | -213.21 million BoP, current US$ | -10.1% |
| 1991 | -181.12 million BoP, current US$ | -15.1% |
| 1992 | -157.92 million BoP, current US$ | -12.8% |
| 1993 | -150.65 million BoP, current US$ | -4.6% |
| 1994 | -189.44 million BoP, current US$ | +25.8% |
| 1995 | -226.11 million BoP, current US$ | +19.4% |
| 1996 | -208.55 million BoP, current US$ | -7.8% |
| 1997 | -207.45 million BoP, current US$ | -0.5% |
| 1998 | -223.91 million BoP, current US$ | +7.9% |
| 1999 | -213.80 million BoP, current US$ | -4.5% |
| 2000 | -280.11 million BoP, current US$ | +31.0% |
| 2001 | -269.26 million BoP, current US$ | -3.9% |
| 2002 | -30.67 million BoP, current US$ | -88.6% |
| 2003 | -195.46 million BoP, current US$ | +537.4% |
| 2004 | -615.61 million BoP, current US$ | +215.0% |
| 2005 | -751.70 million BoP, current US$ | +22.1% |
| 2006 | -1.18 billion BoP, current US$ | +56.5% |
| 2007 | -1.22 billion BoP, current US$ | +3.6% |
| 2008 | -3.63 billion BoP, current US$ | +197.7% |
| 2009 | -2.18 billion BoP, current US$ | -39.9% |
| 2010 | -2.11 billion BoP, current US$ | -3.1% |
| 2011 | -1.80 billion BoP, current US$ | -15.0% |
| 2012 | -1.24 billion BoP, current US$ | -30.9% |
| 2013 | -76.80 million BoP, current US$ | -93.8% |
| 2014 | -177.30 million BoP, current US$ | +130.8% |
| 2015 | -1.95 million BoP, current US$ | -98.9% |
| 2016 | 409.52 million BoP, current US$ | -21137.9% |
| 2017 | 68.51 million BoP, current US$ | -83.3% |
| 2018 | 250.38 million BoP, current US$ | +265.5% |
| 2019 | 623.36 million BoP, current US$ | +149.0% |
| 2020 | 673.11 million BoP, current US$ | +8.0% |
| 2021 | -24.41 million BoP, current US$ | -103.6% |
| 2022 | -369.30 million BoP, current US$ | +1412.9% |
| 2023 | -388.51 million BoP, current US$ | +5.2% |
| 2024 | -345.68 million BoP, current US$ | -11.0% |
| 2025 | -150.89 million BoP, current US$ | -56.3% |
Iceland compared with similar countries
- Iceland's -150.89 million BoP, current US$ is above the median for high income countries, which is -477.76 million BoP, current US$, 32% of the median. (72 countries reporting)
- Iceland's -150.89 million BoP, current US$ is above the median for Europe & Central Asia, which is -918.06 million BoP, current US$, 16% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Net primary income (BoP, current US$) in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +21137.9% | -1.95 million BoP, current US$ | 409.52 million BoP, current US$ |
| 2022 | -1412.9% | -24.41 million BoP, current US$ | -369.30 million BoP, current US$ |
| 2003 | -537.4% | -30.67 million BoP, current US$ | -195.46 million BoP, current US$ |
| 2018 | +265.5% | 68.51 million BoP, current US$ | 250.38 million BoP, current US$ |
| 2004 | -215.0% | -195.46 million BoP, current US$ | -615.61 million BoP, current US$ |
| 2008 | -197.7% | -1.22 billion BoP, current US$ | -3.63 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -66.47 million BoP, current US$ | -83.10 million BoP, current US$ | -52.50 million BoP, current US$ | 4 |
| 1980s | -159.74 million BoP, current US$ | -237.20 million BoP, current US$ | -111.80 million BoP, current US$ | 10 |
| 1990s | -197.22 million BoP, current US$ | -226.11 million BoP, current US$ | -150.65 million BoP, current US$ | 10 |
| 2000s | -1.03 billion BoP, current US$ | -3.63 billion BoP, current US$ | -30.67 million BoP, current US$ | 10 |
| 2010s | -405.50 million BoP, current US$ | -2.11 billion BoP, current US$ | 623.36 million BoP, current US$ | 10 |
| 2020s | -100.95 million BoP, current US$ | -388.51 million BoP, current US$ | 673.11 million BoP, current US$ | 6 |
Countries ranked near Iceland
- 72 Grenada -78.38 million BoP, current US$ compare
- 73 Lebanon -78.88 million BoP, current US$ compare
- 74 Gabon -104.33 million BoP, current US$ compare
- 76 Belize -164.55 million BoP, current US$ compare
- 77 Bhutan -165.56 million BoP, current US$ compare
- 78 Benin -189.28 million BoP, current US$ compare
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is net primary income in Iceland?
- Net primary income in Iceland was -150.89 million BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Iceland?
- The highest recorded value was 673.11 million BoP, current US$ in 2020.
- What is the lowest net primary income recorded in Iceland?
- The lowest recorded value was -3.63 billion BoP, current US$ in 2008.
- How does Iceland rank for net primary income?
- Iceland ranks 75th out of 200 countries with data for 2025.
- Is net primary income rising or falling in Iceland?
- Over the last ten years it is down 7,651.7%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.