Personal transfers, receipts in Iceland
Iceland: Personal transfers, receipts was 92.69 million BoP, current US$ in 2025. ◆ Volatile
Personal transfers, receipts in Iceland, 1995–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, personal transfers, receipts in Iceland stood at 92.69 million BoP, current US$. That is the highest value across all 31 years on record.
The figure is up 15.8% on the previous year and up 647.2% over ten years.
Over the whole period, personal transfers, receipts in Iceland peaked at 92.69 million BoP, current US$ in 2025 and was at its lowest, 1.94 million BoP, current US$, in 2003.
Iceland ranks 135th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal transfers, receipts in Iceland, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1995 | 15.37 million BoP, current US$ | — |
| 1996 | 9.77 million BoP, current US$ | -36.4% |
| 1997 | 17.12 million BoP, current US$ | +75.2% |
| 1998 | 4.26 million BoP, current US$ | -75.1% |
| 1999 | 4.82 million BoP, current US$ | +13.1% |
| 2000 | 6.06 million BoP, current US$ | +25.8% |
| 2001 | 7.55 million BoP, current US$ | +24.7% |
| 2002 | 30.35 million BoP, current US$ | +301.7% |
| 2003 | 1.94 million BoP, current US$ | -93.6% |
| 2004 | 10.20 million BoP, current US$ | +426.7% |
| 2005 | 9.65 million BoP, current US$ | -5.3% |
| 2006 | 7.57 million BoP, current US$ | -21.6% |
| 2007 | 16.03 million BoP, current US$ | +111.8% |
| 2008 | 19.99 million BoP, current US$ | +24.7% |
| 2009 | 4.39 million BoP, current US$ | -78.0% |
| 2010 | 7.09 million BoP, current US$ | +61.5% |
| 2011 | 6.08 million BoP, current US$ | -14.3% |
| 2012 | 4.71 million BoP, current US$ | -22.5% |
| 2013 | 6.73 million BoP, current US$ | +42.7% |
| 2014 | 9.09 million BoP, current US$ | +35.2% |
| 2015 | 12.41 million BoP, current US$ | +36.4% |
| 2016 | 17.86 million BoP, current US$ | +43.9% |
| 2017 | 39.98 million BoP, current US$ | +123.9% |
| 2018 | 49.37 million BoP, current US$ | +23.5% |
| 2019 | 57.12 million BoP, current US$ | +15.7% |
| 2020 | 40.89 million BoP, current US$ | -28.4% |
| 2021 | 50.54 million BoP, current US$ | +23.6% |
| 2022 | 54.67 million BoP, current US$ | +8.2% |
| 2023 | 67.95 million BoP, current US$ | +24.3% |
| 2024 | 80.03 million BoP, current US$ | +17.8% |
| 2025 | 92.69 million BoP, current US$ | +15.8% |
Iceland compared with similar countries
- Iceland's 92.69 million BoP, current US$ is below the median for high income countries, which is 187.46 million BoP, current US$, 49% of the median. (57 countries reporting)
- Iceland's 92.69 million BoP, current US$ is below the median for Europe & Central Asia, which is 849.93 million BoP, current US$, 11% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Personal transfers, receipts in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +426.7% | 1.94 million BoP, current US$ | 10.20 million BoP, current US$ |
| 2002 | +301.7% | 7.55 million BoP, current US$ | 30.35 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.27 million BoP, current US$ | 4.26 million BoP, current US$ | 17.12 million BoP, current US$ | 5 |
| 2000s | 11.37 million BoP, current US$ | 1.94 million BoP, current US$ | 30.35 million BoP, current US$ | 10 |
| 2010s | 21.04 million BoP, current US$ | 4.71 million BoP, current US$ | 57.12 million BoP, current US$ | 10 |
| 2020s | 64.46 million BoP, current US$ | 40.89 million BoP, current US$ | 92.69 million BoP, current US$ | 6 |
Countries ranked near Iceland
- 132 Bhutan 106.36 million BoP, current US$ compare
- 133 Curacao 102.42 million BoP, current US$ compare
- 134 Mauritania 93.28 million BoP, current US$ compare
- 136 Saint Vincent and the Grenadines 87.19 million BoP, current US$ compare
- 137 Finland 85.84 million BoP, current US$ compare
- 138 Solomon Islands 77.77 million BoP, current US$ 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is personal transfers, receipts in Iceland?
- Personal transfers, receipts in Iceland was 92.69 million BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest personal transfers, receipts recorded in Iceland?
- The highest recorded value was 92.69 million BoP, current US$ in 2025.
- What is the lowest personal transfers, receipts recorded in Iceland?
- The lowest recorded value was 1.94 million BoP, current US$ in 2003.
- How does Iceland rank for personal transfers, receipts?
- Iceland ranks 135th out of 177 countries with data for 2025.
- Is personal transfers, receipts rising or falling in Iceland?
- Over the last ten years it is up 647.2%. 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 Personal transfers, receipts (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. 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.