Personal transfers, receipts (BoP, current US$) in Iceland
Iceland: Personal transfers, receipts (BoP, current US$) was 94.66 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$.
Analysis
In 2025, personal transfers, receipts in Iceland stood at 94.66 million BoP, current US$. That is the highest value across all 31 years on record.
The figure is up 18.5% on the previous year and up 663.0% over ten years.
Over the whole period, personal transfers, receipts in Iceland peaked at 94.66 million BoP, current US$ in 2025 and was at its lowest, 1.94 million BoP, current US$, in 2003.
Iceland ranks 134th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal transfers, receipts (BoP, current US$) 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 | 79.84 million BoP, current US$ | +17.5% |
| 2025 | 94.66 million BoP, current US$ | +18.5% |
Iceland compared with similar countries
- Iceland's 94.66 million BoP, current US$ is below the median for high income countries, which is 187.46 million BoP, current US$, 50% of the median. (57 countries reporting)
- Iceland's 94.66 million BoP, current US$ is below the median for Europe & Central Asia, which is 993.09 million BoP, current US$, 10% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Personal transfers, receipts (BoP, current US$) 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 | 64.76 million BoP, current US$ | 40.89 million BoP, current US$ | 94.66 million BoP, current US$ | 6 |
Countries ranked near Iceland
- 131 Bhutan 106.36 million BoP, current US$ compare
- 132 Curacao 102.42 million BoP, current US$ compare
- 133 Mozambique 96.49 million BoP, current US$ compare
- 135 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
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is personal transfers, receipts in Iceland?
- Personal transfers, receipts in Iceland was 94.66 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 94.66 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 134th 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 663.0%. 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.