Personal remittances, paid (current US$), per unit of GDP in Iceland
Iceland: Personal remittances, paid (current US$), per unit of GDP was 0.0191 current US$ per US$ of GDP in 2025. ◆ Volatile
Personal remittances, paid (current US$), per unit of GDP in Iceland, 1977–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2025, personal remittances, paid (current us$), per unit of gdp in Iceland stood at 0.0191 current US$ per US$ of GDP.
That represents a change of down 1.5% on the previous year and up 143.2% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Iceland peaked at 0.02 current US$ per US$ of GDP in 2017 and was at its lowest, 0.0004 current US$ per US$ of GDP, in 1985.
Iceland ranks 51st of 195 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$), per unit of GDP in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.0004 current US$ per US$ of GDP | — |
| 1978 | 0.0007 current US$ per US$ of GDP | +75.8% |
| 1979 | 0.0006 current US$ per US$ of GDP | -7.1% |
| 1980 | 0.0006 current US$ per US$ of GDP | -11.2% |
| 1981 | 0.0005 current US$ per US$ of GDP | -12.9% |
| 1982 | 0.0007 current US$ per US$ of GDP | +45.2% |
| 1983 | 0.0006 current US$ per US$ of GDP | -17.9% |
| 1984 | 0.0005 current US$ per US$ of GDP | -20.5% |
| 1985 | 0.0004 current US$ per US$ of GDP | -17.7% |
| 1986 | 0.0005 current US$ per US$ of GDP | +37.1% |
| 1987 | 0.0008 current US$ per US$ of GDP | +51.1% |
| 1988 | 0.0012 current US$ per US$ of GDP | +53.3% |
| 1989 | 0.0015 current US$ per US$ of GDP | +24.2% |
| 1990 | 0.0017 current US$ per US$ of GDP | +14.1% |
| 1991 | 0.0021 current US$ per US$ of GDP | +19.6% |
| 1992 | 0.0017 current US$ per US$ of GDP | -18.1% |
| 1993 | 0.0016 current US$ per US$ of GDP | -5.6% |
| 1994 | 0.0011 current US$ per US$ of GDP | -31.1% |
| 1995 | 0.0029 current US$ per US$ of GDP | +158.9% |
| 1996 | 0.002 current US$ per US$ of GDP | -29.8% |
| 1997 | 0.0026 current US$ per US$ of GDP | +27.4% |
| 1998 | 0.0019 current US$ per US$ of GDP | -27.7% |
| 1999 | 0.0015 current US$ per US$ of GDP | -17.9% |
| 2000 | 0.0026 current US$ per US$ of GDP | +67.2% |
| 2001 | 0.0017 current US$ per US$ of GDP | -32.9% |
| 2002 | 0.0022 current US$ per US$ of GDP | +27.8% |
| 2003 | 0.0017 current US$ per US$ of GDP | -23.8% |
| 2004 | 0.002 current US$ per US$ of GDP | +21.4% |
| 2005 | 0.0079 current US$ per US$ of GDP | +291.2% |
| 2006 | 0.0118 current US$ per US$ of GDP | +49.2% |
| 2007 | 0.0171 current US$ per US$ of GDP | +44.4% |
| 2008 | 0.0145 current US$ per US$ of GDP | -15.4% |
| 2009 | 0.0061 current US$ per US$ of GDP | -57.8% |
| 2010 | 0.0054 current US$ per US$ of GDP | -12.4% |
| 2011 | 0.0056 current US$ per US$ of GDP | +4.2% |
| 2012 | 0.006 current US$ per US$ of GDP | +8.3% |
| 2013 | 0.006 current US$ per US$ of GDP | -1.1% |
| 2014 | 0.0057 current US$ per US$ of GDP | -4.8% |
| 2015 | 0.0079 current US$ per US$ of GDP | +38.1% |
| 2016 | 0.0117 current US$ per US$ of GDP | +48.8% |
| 2017 | 0.02 current US$ per US$ of GDP | +70.8% |
| 2018 | 0.02 current US$ per US$ of GDP | -0.0% |
| 2019 | 0.018 current US$ per US$ of GDP | -10.1% |
| 2020 | 0.0146 current US$ per US$ of GDP | -18.6% |
| 2021 | 0.0143 current US$ per US$ of GDP | -2.1% |
| 2022 | 0.0157 current US$ per US$ of GDP | +9.5% |
| 2023 | 0.0179 current US$ per US$ of GDP | +14.5% |
| 2024 | 0.0194 current US$ per US$ of GDP | +8.2% |
| 2025 | 0.0191 current US$ per US$ of GDP | -1.5% |
Iceland compared with similar countries
- Iceland's 0.0191 current US$ per US$ of GDP is above the median for high income countries, which is 0.0111 current US$ per US$ of GDP, 1.7× the median. (71 countries reporting)
- Iceland's 0.0191 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0085 current US$ per US$ of GDP, 2.3× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), per unit of GDP in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +291.2% | 0.002 current US$ per US$ of GDP | 0.0079 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0006 current US$ per US$ of GDP | 0.0004 current US$ per US$ of GDP | 0.0007 current US$ per US$ of GDP | 3 |
| 1980s | 0.0007 current US$ per US$ of GDP | 0.0004 current US$ per US$ of GDP | 0.0015 current US$ per US$ of GDP | 10 |
| 1990s | 0.0019 current US$ per US$ of GDP | 0.0011 current US$ per US$ of GDP | 0.0029 current US$ per US$ of GDP | 10 |
| 2000s | 0.0068 current US$ per US$ of GDP | 0.0017 current US$ per US$ of GDP | 0.0171 current US$ per US$ of GDP | 10 |
| 2010s | 0.0106 current US$ per US$ of GDP | 0.0054 current US$ per US$ of GDP | 0.02 current US$ per US$ of GDP | 10 |
| 2020s | 0.0168 current US$ per US$ of GDP | 0.0143 current US$ per US$ of GDP | 0.0194 current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 48 Croatia 0.0211 current US$ per US$ of GDP compare
- 49 Bermuda 0.0205 current US$ per US$ of GDP compare
- 50 Bahamas 0.0203 current US$ per US$ of GDP compare
- 52 Austria 0.0187 current US$ per US$ of GDP compare
- 53 Malawi 0.0175 current US$ per US$ of GDP compare
- 54 Thailand 0.0173 current US$ per US$ of GDP 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 unit of gdp in Iceland?
- Personal remittances, paid (current us$), per unit of gdp in Iceland was 0.0191 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.02 current US$ per US$ of GDP in 2017.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.0004 current US$ per US$ of GDP in 1985.
- How does Iceland rank for personal remittances, paid (current us$), per unit of gdp?
- Iceland ranks 51st out of 195 countries with data for 2025.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is up 143.2%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.