Secondary income, other sectors, payments (BoP, current US$), per in Iceland
Iceland: Secondary income, other sectors, payments (BoP, current US$), per was 4,820 BoP, current US$ per square kilometre in 2023. ◆ Volatile
Secondary income, other sectors, payments (BoP, current US$), per in Iceland, 1980–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
Iceland recorded 4,820 BoP, current US$ per square kilometre for secondary income, other sectors, payments (bop, current us$), per in 2023. That is the highest value across all 44 years on record.
That represents a change of up 19.3% on the previous year and up 225.5% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), per in Iceland peaked at 4,820 BoP, current US$ per square kilometre in 2023 and was at its lowest, 11.97 BoP, current US$ per square kilometre, in 1980.
That places Iceland 103rd out of 196 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments (BoP, current US$), per in Iceland, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1980 | 11.97 BoP, current US$ per square kilometre | — |
| 1981 | 22.94 BoP, current US$ per square kilometre | +91.7% |
| 1982 | 18.95 BoP, current US$ per square kilometre | -17.4% |
| 1983 | 11.97 BoP, current US$ per square kilometre | -36.8% |
| 1984 | 11.97 BoP, current US$ per square kilometre | +0.0% |
| 1985 | 11.97 BoP, current US$ per square kilometre | +0.0% |
| 1986 | 15.96 BoP, current US$ per square kilometre | +33.3% |
| 1987 | 28.93 BoP, current US$ per square kilometre | +81.3% |
| 1988 | 179.55 BoP, current US$ per square kilometre | +520.7% |
| 1989 | 276.31 BoP, current US$ per square kilometre | +53.9% |
| 1990 | 225.13 BoP, current US$ per square kilometre | -18.5% |
| 1991 | 139.33 BoP, current US$ per square kilometre | -38.1% |
| 1992 | 145.07 BoP, current US$ per square kilometre | +4.1% |
| 1993 | 127.56 BoP, current US$ per square kilometre | -12.1% |
| 1994 | 138.43 BoP, current US$ per square kilometre | +8.5% |
| 1995 | 183.68 BoP, current US$ per square kilometre | +32.7% |
| 1996 | 155.26 BoP, current US$ per square kilometre | -15.5% |
| 1997 | 184.25 BoP, current US$ per square kilometre | +18.7% |
| 1998 | 169.44 BoP, current US$ per square kilometre | -8.0% |
| 1999 | 149.17 BoP, current US$ per square kilometre | -12.0% |
| 2000 | 164.87 BoP, current US$ per square kilometre | +10.5% |
| 2001 | 162.76 BoP, current US$ per square kilometre | -1.3% |
| 2002 | 199.37 BoP, current US$ per square kilometre | +22.5% |
| 2003 | 265.83 BoP, current US$ per square kilometre | +33.3% |
| 2004 | 278.18 BoP, current US$ per square kilometre | +4.6% |
| 2005 | 344.35 BoP, current US$ per square kilometre | +23.8% |
| 2006 | 436.89 BoP, current US$ per square kilometre | +26.9% |
| 2007 | 597.22 BoP, current US$ per square kilometre | +36.7% |
| 2008 | 881.15 BoP, current US$ per square kilometre | +47.5% |
| 2009 | 700.51 BoP, current US$ per square kilometre | -20.5% |
| 2010 | 873.39 BoP, current US$ per square kilometre | +24.7% |
| 2011 | 1,149 BoP, current US$ per square kilometre | +31.6% |
| 2012 | 1,225 BoP, current US$ per square kilometre | +6.6% |
| 2013 | 1,481 BoP, current US$ per square kilometre | +20.9% |
| 2014 | 1,577 BoP, current US$ per square kilometre | +6.5% |
| 2015 | 3,257 BoP, current US$ per square kilometre | +106.5% |
| 2016 | 2,059 BoP, current US$ per square kilometre | -36.8% |
| 2017 | 3,148 BoP, current US$ per square kilometre | +52.9% |
| 2018 | 3,603 BoP, current US$ per square kilometre | +14.4% |
| 2019 | 3,962 BoP, current US$ per square kilometre | +10.0% |
| 2020 | 3,184 BoP, current US$ per square kilometre | -19.6% |
| 2021 | 3,775 BoP, current US$ per square kilometre | +18.6% |
| 2022 | 4,041 BoP, current US$ per square kilometre | +7.0% |
| 2023 | 4,820 BoP, current US$ per square kilometre | +19.3% |
Iceland compared with similar countries
- Iceland's 4,820 BoP, current US$ per square kilometre is below the median for high income countries, which is 75,676 BoP, current US$ per square kilometre, 6% of the median. (72 countries reporting)
- Iceland's 4,820 BoP, current US$ per square kilometre is below the median for Europe & Central Asia, which is 18,045 BoP, current US$ per square kilometre, 27% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Secondary income, other sectors, payments (BoP, current US$), per in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +520.7% | 28.93 BoP, current US$ per square kilometre | 179.55 BoP, current US$ per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 59.05 BoP, current US$ per square kilometre | 11.97 BoP, current US$ per square kilometre | 276.31 BoP, current US$ per square kilometre | 10 |
| 1990s | 161.73 BoP, current US$ per square kilometre | 127.56 BoP, current US$ per square kilometre | 225.13 BoP, current US$ per square kilometre | 10 |
| 2000s | 403.11 BoP, current US$ per square kilometre | 162.76 BoP, current US$ per square kilometre | 881.15 BoP, current US$ per square kilometre | 10 |
| 2010s | 2,233 BoP, current US$ per square kilometre | 873.39 BoP, current US$ per square kilometre | 3,962 BoP, current US$ per square kilometre | 10 |
| 2020s | 3,955 BoP, current US$ per square kilometre | 3,184 BoP, current US$ per square kilometre | 4,820 BoP, current US$ per square kilometre | 4 |
Countries ranked near Iceland
- 100 Indonesia 5,215 BoP, current US$ per square kilometre compare
- 101 Ghana 5,081 BoP, current US$ per square kilometre compare
- 102 Eswatini 4,874 BoP, current US$ per square kilometre compare
- 104 Ecuador 4,656 BoP, current US$ per square kilometre compare
- 105 Belarus 4,555 BoP, current US$ per square kilometre compare
- 106 India 4,215 BoP, current US$ per square kilometre 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is secondary income, other sectors, payments (bop, current us$), per in Iceland?
- Secondary income, other sectors, payments (bop, current us$), per in Iceland was 4,820 BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), per recorded in Iceland?
- The highest recorded value was 4,820 BoP, current US$ per square kilometre in 2023.
- What is the lowest secondary income, other sectors, payments (bop, current us$), per recorded in Iceland?
- The lowest recorded value was 11.97 BoP, current US$ per square kilometre in 1980.
- How does Iceland rank for secondary income, other sectors, payments (bop, current us$), per?
- Iceland ranks 103rd out of 196 countries with data for 2023.
- Is secondary income, other sectors, payments (bop, current us$), per rising or falling in Iceland?
- Over the last ten years it is up 225.5%. 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 Secondary income, other sectors, payments (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Secondary income, other sectors, payments (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income, other sectors, payments (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.