Net secondary income in Iceland
Iceland: Net secondary income was -428.50 million BoP, current US$ in 2025. ◆ Volatile
Net secondary income in Iceland, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net secondary income in Iceland is -428.50 million BoP, current US$, measured in 2025. That is the lowest value across all 49 years on record.
The figure is down 19.1% on the previous year and down 66.6% over ten years.
Over the whole period, net secondary income in Iceland peaked at 186.14 million BoP, current US$ in 2007 and was at its lowest, -428.50 million BoP, current US$, in 2025.
Iceland ranks 157th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -466,667 BoP, current US$ | -800,000 BoP, current US$ | -100,000 BoP, current US$ | 3 |
| 1980s | -3.56 million BoP, current US$ | -21.10 million BoP, current US$ | 2.90 million BoP, current US$ | 10 |
| 1990s | -6.04 million BoP, current US$ | -13.09 million BoP, current US$ | -809,324 BoP, current US$ | 10 |
| 2000s | 34.68 million BoP, current US$ | -47.35 million BoP, current US$ | 186.14 million BoP, current US$ | 10 |
| 2010s | -119.17 million BoP, current US$ | -257.15 million BoP, current US$ | -46.92 million BoP, current US$ | 10 |
| 2020s | -300.56 million BoP, current US$ | -428.50 million BoP, current US$ | -179.06 million BoP, current US$ | 6 |
Countries ranked near Iceland
- 154 Cyprus -386.29 million BoP, current US$ compare
- 155 Angola -399.46 million BoP, current US$ compare
- 156 Poland -410.00 million BoP, current US$ compare
- 158 Cayman Islands -455.88 million BoP, current US$ compare
- 159 New Zealand -532.42 million BoP, current US$ compare
- 160 Maldives -574.97 million BoP, current US$ compare
More economy & growth data for Iceland
- External balance on goods and services as a percent of GDP -2.3% (2025)
- Inflation of consumer prices 4.1% (2025)
- GDP per capita 58,910 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.5% (2025)
- Gross domestic product (GDP) 23.12 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 58,910 constant 2015 US$ (2025)
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
Frequently asked questions
- What is net secondary income in Iceland?
- Net secondary income in Iceland was -428.50 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 secondary income recorded in Iceland?
- The highest recorded value was 186.14 million BoP, current US$ in 2007.
- What is the lowest net secondary income recorded in Iceland?
- The lowest recorded value was -428.50 million BoP, current US$ in 2025.
- How does Iceland rank for net secondary income?
- Iceland ranks 157th out of 198 countries with data for 2025.
- Is net secondary income rising or falling in Iceland?
- Over the last ten years it is down 66.6%. 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 secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.