Primary income payments (BoP, current US$), per unit of GDP in Iceland
Iceland: Primary income payments (BoP, current US$), per unit of GDP was 0.0272 BoP, current US$ per US$ of GDP in 2025. ◆ Volatile
Primary income payments (BoP, current US$), per unit of GDP in Iceland, 1976–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for primary income payments (bop, current us$), per unit of gdp in Iceland is 0.0272 BoP, current US$ per US$ of GDP, measured in 2025.
The figure is down 36.0% on the previous year and down 51.9% over ten years.
Over the whole period, primary income payments (bop, current us$), per unit of gdp in Iceland peaked at 0.2948 BoP, current US$ per US$ of GDP in 2008 and was at its lowest, 0.0026 BoP, current US$ per US$ of GDP, in 2020.
That places Iceland 154th out of 199 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments (BoP, current US$), per unit of GDP in Iceland, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0322 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.0277 BoP, current US$ per US$ of GDP | -14.1% |
| 1978 | 0.0299 BoP, current US$ per US$ of GDP | +7.9% |
| 1979 | 0.0322 BoP, current US$ per US$ of GDP | +7.6% |
| 1980 | 0.0359 BoP, current US$ per US$ of GDP | +11.7% |
| 1981 | 0.0439 BoP, current US$ per US$ of GDP | +22.2% |
| 1982 | 0.0501 BoP, current US$ per US$ of GDP | +14.1% |
| 1983 | 0.0533 BoP, current US$ per US$ of GDP | +6.4% |
| 1984 | 0.0575 BoP, current US$ per US$ of GDP | +8.0% |
| 1985 | 0.0526 BoP, current US$ per US$ of GDP | -8.6% |
| 1986 | 0.0443 BoP, current US$ per US$ of GDP | -15.8% |
| 1987 | 0.0346 BoP, current US$ per US$ of GDP | -21.8% |
| 1988 | 0.0362 BoP, current US$ per US$ of GDP | +4.4% |
| 1989 | 0.0459 BoP, current US$ per US$ of GDP | +27.1% |
| 1990 | 0.0443 BoP, current US$ per US$ of GDP | -3.6% |
| 1991 | 0.037 BoP, current US$ per US$ of GDP | -16.4% |
| 1992 | 0.0348 BoP, current US$ per US$ of GDP | -5.9% |
| 1993 | 0.0365 BoP, current US$ per US$ of GDP | +5.0% |
| 1994 | 0.0396 BoP, current US$ per US$ of GDP | +8.3% |
| 1995 | 0.0385 BoP, current US$ per US$ of GDP | -2.8% |
| 1996 | 0.036 BoP, current US$ per US$ of GDP | -6.5% |
| 1997 | 0.0357 BoP, current US$ per US$ of GDP | -0.7% |
| 1998 | 0.0352 BoP, current US$ per US$ of GDP | -1.4% |
| 1999 | 0.0338 BoP, current US$ per US$ of GDP | -4.1% |
| 2000 | 0.0428 BoP, current US$ per US$ of GDP | +26.6% |
| 2001 | 0.0518 BoP, current US$ per US$ of GDP | +21.1% |
| 2002 | 0.0339 BoP, current US$ per US$ of GDP | -34.5% |
| 2003 | 0.0485 BoP, current US$ per US$ of GDP | +42.9% |
| 2004 | 0.0757 BoP, current US$ per US$ of GDP | +56.2% |
| 2005 | 0.1278 BoP, current US$ per US$ of GDP | +68.7% |
| 2006 | 0.2138 BoP, current US$ per US$ of GDP | +67.3% |
| 2007 | 0.2632 BoP, current US$ per US$ of GDP | +23.1% |
| 2008 | 0.2948 BoP, current US$ per US$ of GDP | +12.0% |
| 2009 | 0.2294 BoP, current US$ per US$ of GDP | -22.2% |
| 2010 | 0.1942 BoP, current US$ per US$ of GDP | -15.3% |
| 2011 | 0.2063 BoP, current US$ per US$ of GDP | +6.2% |
| 2012 | 0.1475 BoP, current US$ per US$ of GDP | -28.5% |
| 2013 | 0.0767 BoP, current US$ per US$ of GDP | -48.0% |
| 2014 | 0.0664 BoP, current US$ per US$ of GDP | -13.4% |
| 2015 | 0.0566 BoP, current US$ per US$ of GDP | -14.8% |
| 2016 | 0.0374 BoP, current US$ per US$ of GDP | -34.0% |
| 2017 | 0.0342 BoP, current US$ per US$ of GDP | -8.6% |
| 2018 | 0.0242 BoP, current US$ per US$ of GDP | -29.1% |
| 2019 | 0.01 BoP, current US$ per US$ of GDP | -58.9% |
| 2020 | 0.0026 BoP, current US$ per US$ of GDP | -74.2% |
| 2021 | 0.03 BoP, current US$ per US$ of GDP | +1067.3% |
| 2022 | 0.0377 BoP, current US$ per US$ of GDP | +25.7% |
| 2023 | 0.0473 BoP, current US$ per US$ of GDP | +25.5% |
| 2024 | 0.0426 BoP, current US$ per US$ of GDP | -10.1% |
| 2025 | 0.0272 BoP, current US$ per US$ of GDP | -36.0% |
Iceland compared with similar countries
- Iceland's 0.0272 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.0777 BoP, current US$ per US$ of GDP, 35% of the median. (72 countries reporting)
- Iceland's 0.0272 BoP, current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.0732 BoP, current US$ per US$ of GDP, 37% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Primary income payments (BoP, current US$), per unit of GDP in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1067.3% | 0.0026 BoP, current US$ per US$ of GDP | 0.03 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0305 BoP, current US$ per US$ of GDP | 0.0277 BoP, current US$ per US$ of GDP | 0.0322 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.0454 BoP, current US$ per US$ of GDP | 0.0346 BoP, current US$ per US$ of GDP | 0.0575 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0371 BoP, current US$ per US$ of GDP | 0.0338 BoP, current US$ per US$ of GDP | 0.0443 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.1382 BoP, current US$ per US$ of GDP | 0.0339 BoP, current US$ per US$ of GDP | 0.2948 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0854 BoP, current US$ per US$ of GDP | 0.01 BoP, current US$ per US$ of GDP | 0.2063 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0312 BoP, current US$ per US$ of GDP | 0.0026 BoP, current US$ per US$ of GDP | 0.0473 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 151 Botswana 0.0293 BoP, current US$ per US$ of GDP compare
- 152 Bolivia 0.0291 BoP, current US$ per US$ of GDP compare
- 153 Tanzania 0.0278 BoP, current US$ per US$ of GDP compare
- 155 Philippines 0.0272 BoP, current US$ per US$ of GDP compare
- 156 Benin 0.0271 BoP, current US$ per US$ of GDP compare
- 157 Central African Republic 0.0267 BoP, 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is primary income payments (bop, current us$), per unit of gdp in Iceland?
- Primary income payments (bop, current us$), per unit of gdp in Iceland was 0.0272 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest primary income payments (bop, current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.2948 BoP, current US$ per US$ of GDP in 2008.
- What is the lowest primary income payments (bop, current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.0026 BoP, current US$ per US$ of GDP in 2020.
- How does Iceland rank for primary income payments (bop, current us$), per unit of gdp?
- Iceland ranks 154th out of 199 countries with data for 2025.
- Is primary income payments (bop, current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 51.9%. 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 Primary income payments (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Primary income payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Primary income payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.