Personal remittances, received in Iceland

Iceland: Personal remittances, received was 0.7399 in 2024. ◆ Volatile

Latest (2024)
0.7399
Change on year
up 6.1%
World rank
43rd
of 69 countries
All-time high
1.28
in 2013
All-time low
0.0362
in 1982
Years of data
49
1976–2024

Personal remittances, received in Iceland, 1976–2024

00.250.50.7511.2197620002024

Source: UNICEF.

Analysis

Iceland recorded 0.7399 for personal remittances, received in 2024.

That represents a change of up 6.1% on the previous year and down 39.0% over ten years.

Over the whole period, personal remittances, received in Iceland peaked at 1.28 in 2013 and was at its lowest, 0.0362, in 1982.

That places Iceland 43rd out of 69 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Personal remittances, received in Iceland, year by year

Annual values for Personal remittances, received (% of GDP) in Iceland, 1976 to 2024.
Year Value Change
1976 0.081
1977 0.0744 -8.2%
1978 0.0692 -6.9%
1979 0.0576 -16.9%
1980 0.0429 -25.5%
1981 0.0858 +100.1%
1982 0.0362 -57.8%
1983 0.0803 +122.2%
1984 0.2294 +185.5%
1985 0.1651 -28.0%
1986 0.1841 +11.5%
1987 0.2573 +39.8%
1988 0.3544 +37.8%
1989 0.5144 +45.1%
1990 0.93 +80.8%
1991 0.9134 -1.8%
1992 0.8709 -4.7%
1993 0.8991 +3.2%
1994 0.7184 -20.1%
1995 0.4915 -31.6%
1996 0.4332 -11.9%
1997 0.5306 +22.5%
1998 0.3349 -36.9%
1999 0.3417 +2.0%
2000 0.3912 +14.5%
2001 0.4727 +20.8%
2002 0.6879 +45.5%
2003 0.4235 -38.4%
2004 0.4366 +3.1%
2005 0.3907 -10.5%
2006 0.461 +18.0%
2007 0.5076 +10.1%
2008 0.6647 +30.9%
2009 0.7178 +8.0%
2010 0.9813 +36.7%
2011 0.9882 +0.7%
2012 1.04 +5.5%
2013 1.28 +23.2%
2014 1.21 -5.5%
2015 1.23 +1.6%
2016 1.01 -18.0%
2017 0.768 -24.0%
2018 0.6698 -12.8%
2019 0.752 +12.3%
2020 0.7596 +1.0%
2021 0.7369 -3.0%
2022 0.6677 -9.4%
2023 0.6972 +4.4%
2024 0.7399 +6.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0706 0.0576 0.081 4
1980s 0.195 0.0362 0.5144 10
1990s 0.6464 0.3349 0.93 10
2000s 0.5154 0.3907 0.7178 10
2010s 0.9943 0.6698 1.28 10
2020s 0.7203 0.6677 0.7596 5

Countries ranked near Iceland

  1. 40 Estonia 1.15 compare
  2. 41 San Marino 1.1 compare
  3. 42 Poland 0.9469 compare
  4. 44 Sweden 0.7332 compare
  5. 45 Algeria 0.6679 compare
  6. 46 Qatar 0.6585 compare

See the full ranking of 69 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is personal remittances, received in Iceland?
Personal remittances, received in Iceland was 0.7399 in 2024, according to UNICEF.
What is the highest personal remittances, received recorded in Iceland?
The highest recorded value was 1.28 in 2013.
What is the lowest personal remittances, received recorded in Iceland?
The lowest recorded value was 0.0362 in 1982.
How does Iceland rank for personal remittances, received?
Iceland ranks 43rd out of 69 countries with data for 2024.
Is personal remittances, received rising or falling in Iceland?
Over the last ten years it is down 39.0%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from UNICEF, published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.

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Personal remittances, received in Iceland. Statizoid, drawing on UNICEF. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/personal-remittances-received-percent-of-gdp-2/iceland/

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About this data

Indicator
Personal remittances, received (% of GDP)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
69 places, 2,409 data points, 1970–2024
Last refreshed