Personal remittances, paid (current US$), per square kilometre in Iceland
Iceland: Personal remittances, paid (current US$), per square kilometre was 5,642 current US$ per square kilometre in 2023. ◆ Volatile
Personal remittances, paid (current US$), per square kilometre in Iceland, 1977–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
In 2023, personal remittances, paid (current us$), per square kilometre in Iceland stood at 5,642 current US$ per square kilometre. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 24.4% on the previous year and up 482.4% over ten years.
Over the whole period, personal remittances, paid (current us$), per square kilometre in Iceland peaked at 5,642 current US$ per square kilometre in 2023 and was at its lowest, 8.98 current US$ per square kilometre, in 1977.
Iceland ranks 86th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$), per square kilometre in Iceland, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1977 | 8.98 current US$ per square kilometre | — |
| 1978 | 17.96 current US$ per square kilometre | +100.0% |
| 1979 | 18.95 current US$ per square kilometre | +5.6% |
| 1980 | 19.95 current US$ per square kilometre | +5.3% |
| 1981 | 17.96 current US$ per square kilometre | -10.0% |
| 1982 | 23.94 current US$ per square kilometre | +33.3% |
| 1983 | 16.96 current US$ per square kilometre | -29.2% |
| 1984 | 13.97 current US$ per square kilometre | -17.6% |
| 1985 | 11.97 current US$ per square kilometre | -14.3% |
| 1986 | 21.95 current US$ per square kilometre | +83.3% |
| 1987 | 45.89 current US$ per square kilometre | +109.1% |
| 1988 | 77.81 current US$ per square kilometre | +69.6% |
| 1989 | 89.78 current US$ per square kilometre | +15.4% |
| 1990 | 116.85 current US$ per square kilometre | +30.2% |
| 1991 | 149.29 current US$ per square kilometre | +27.8% |
| 1992 | 125.3 current US$ per square kilometre | -16.1% |
| 1993 | 103.83 current US$ per square kilometre | -17.1% |
| 1994 | 73.47 current US$ per square kilometre | -29.2% |
| 1995 | 212.06 current US$ per square kilometre | +188.6% |
| 1996 | 155.28 current US$ per square kilometre | -26.8% |
| 1997 | 198.59 current US$ per square kilometre | +27.9% |
| 1998 | 160.74 current US$ per square kilometre | -19.1% |
| 1999 | 139.1 current US$ per square kilometre | -13.5% |
| 2000 | 233.38 current US$ per square kilometre | +67.8% |
| 2001 | 142.64 current US$ per square kilometre | -38.9% |
| 2002 | 206.24 current US$ per square kilometre | +44.6% |
| 2003 | 192.89 current US$ per square kilometre | -6.5% |
| 2004 | 282.82 current US$ per square kilometre | +46.6% |
| 2005 | 1,359 current US$ per square kilometre | +380.4% |
| 2006 | 2,088 current US$ per square kilometre | +53.7% |
| 2007 | 3,748 current US$ per square kilometre | +79.4% |
| 2008 | 2,634 current US$ per square kilometre | -29.7% |
| 2009 | 805.36 current US$ per square kilometre | -69.4% |
| 2010 | 743.76 current US$ per square kilometre | -7.6% |
| 2011 | 857.05 current US$ per square kilometre | +15.2% |
| 2012 | 900.74 current US$ per square kilometre | +5.1% |
| 2013 | 968.66 current US$ per square kilometre | +7.5% |
| 2014 | 1,025 current US$ per square kilometre | +5.8% |
| 2015 | 1,388 current US$ per square kilometre | +35.4% |
| 2016 | 2,461 current US$ per square kilometre | +77.3% |
| 2017 | 4,997 current US$ per square kilometre | +103.1% |
| 2018 | 5,286 current US$ per square kilometre | +5.8% |
| 2019 | 4,450 current US$ per square kilometre | -15.8% |
| 2020 | 3,194 current US$ per square kilometre | -28.2% |
| 2021 | 3,724 current US$ per square kilometre | +16.6% |
| 2022 | 4,535 current US$ per square kilometre | +21.8% |
| 2023 | 5,642 current US$ per square kilometre | +24.4% |
Iceland compared with similar countries
- Iceland's 5,642 current US$ per square kilometre is below the median for high income countries, which is 37,536 current US$ per square kilometre, 15% of the median. (71 countries reporting)
- Iceland's 5,642 current US$ per square kilometre is below the median for Europe & Central Asia, which is 10,973 current US$ per square kilometre, 51% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), per square kilometre in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +380.4% | 282.82 current US$ per square kilometre | 1,359 current US$ per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.3 current US$ per square kilometre | 8.98 current US$ per square kilometre | 18.95 current US$ per square kilometre | 3 |
| 1980s | 34.01 current US$ per square kilometre | 11.97 current US$ per square kilometre | 89.78 current US$ per square kilometre | 10 |
| 1990s | 143.45 current US$ per square kilometre | 73.47 current US$ per square kilometre | 212.06 current US$ per square kilometre | 10 |
| 2000s | 1,169 current US$ per square kilometre | 142.64 current US$ per square kilometre | 3,748 current US$ per square kilometre | 10 |
| 2010s | 2,308 current US$ per square kilometre | 743.76 current US$ per square kilometre | 5,286 current US$ per square kilometre | 10 |
| 2020s | 4,274 current US$ per square kilometre | 3,194 current US$ per square kilometre | 5,642 current US$ per square kilometre | 4 |
Countries ranked near Iceland
- 83 Albania 6,506 current US$ per square kilometre compare
- 84 Jordan 6,121 current US$ per square kilometre compare
- 85 Romania 6,118 current US$ per square kilometre compare
- 87 Indonesia 5,168 current US$ per square kilometre compare
- 88 Côte d'Ivoire 5,141 current US$ per square kilometre compare
- 89 Finland 5,028 current US$ per square kilometre compare
More economy & growth data for Iceland
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid (current us$), per square kilometre in Iceland?
- Personal remittances, paid (current us$), per square kilometre in Iceland was 5,642 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per square kilometre recorded in Iceland?
- The highest recorded value was 5,642 current US$ per square kilometre in 2023.
- What is the lowest personal remittances, paid (current us$), per square kilometre recorded in Iceland?
- The lowest recorded value was 8.98 current US$ per square kilometre in 1977.
- How does Iceland rank for personal remittances, paid (current us$), per square kilometre?
- Iceland ranks 86th out of 194 countries with data for 2023.
- Is personal remittances, paid (current us$), per square kilometre rising or falling in Iceland?
- Over the last ten years it is up 482.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Personal remittances, paid (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ Land area (sq. km)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.