Secondary income, other sectors, payments in Iceland
Iceland: Secondary income, other sectors, payments was 681.72 million BoP, current US$ in 2025. ◆ Volatile
Secondary income, other sectors, payments in Iceland, 1980–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Iceland recorded 681.72 million BoP, current US$ for secondary income, other sectors, payments in 2025. That is the highest value across all 46 years on record.
That represents a change of up 20.8% on the previous year and up 108.8% over ten years.
Over the whole period, secondary income, other sectors, payments in Iceland peaked at 681.72 million BoP, current US$ in 2025 and was at its lowest, 1.20 million BoP, current US$, in 1980.
Iceland ranks 79th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Iceland, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1980 | 1.20 million BoP, current US$ | — |
| 1981 | 2.30 million BoP, current US$ | +91.7% |
| 1982 | 1.90 million BoP, current US$ | -17.4% |
| 1983 | 1.20 million BoP, current US$ | -36.8% |
| 1984 | 1.20 million BoP, current US$ | +0.0% |
| 1985 | 1.20 million BoP, current US$ | +0.0% |
| 1986 | 1.60 million BoP, current US$ | +33.3% |
| 1987 | 2.90 million BoP, current US$ | +81.2% |
| 1988 | 18.00 million BoP, current US$ | +520.7% |
| 1989 | 27.70 million BoP, current US$ | +53.9% |
| 1990 | 22.57 million BoP, current US$ | -18.5% |
| 1991 | 13.97 million BoP, current US$ | -38.1% |
| 1992 | 14.54 million BoP, current US$ | +4.1% |
| 1993 | 12.79 million BoP, current US$ | -12.1% |
| 1994 | 13.88 million BoP, current US$ | +8.5% |
| 1995 | 18.41 million BoP, current US$ | +32.7% |
| 1996 | 15.56 million BoP, current US$ | -15.5% |
| 1997 | 18.47 million BoP, current US$ | +18.7% |
| 1998 | 16.99 million BoP, current US$ | -8.0% |
| 1999 | 14.95 million BoP, current US$ | -12.0% |
| 2000 | 16.53 million BoP, current US$ | +10.5% |
| 2001 | 16.32 million BoP, current US$ | -1.3% |
| 2002 | 19.99 million BoP, current US$ | +22.5% |
| 2003 | 26.65 million BoP, current US$ | +33.3% |
| 2004 | 27.89 million BoP, current US$ | +4.6% |
| 2005 | 34.52 million BoP, current US$ | +23.8% |
| 2006 | 43.80 million BoP, current US$ | +26.9% |
| 2007 | 59.87 million BoP, current US$ | +36.7% |
| 2008 | 88.34 million BoP, current US$ | +47.5% |
| 2009 | 70.23 million BoP, current US$ | -20.5% |
| 2010 | 87.56 million BoP, current US$ | +24.7% |
| 2011 | 115.20 million BoP, current US$ | +31.6% |
| 2012 | 122.81 million BoP, current US$ | +6.6% |
| 2013 | 148.47 million BoP, current US$ | +20.9% |
| 2014 | 158.08 million BoP, current US$ | +6.5% |
| 2015 | 326.50 million BoP, current US$ | +106.5% |
| 2016 | 206.40 million BoP, current US$ | -36.8% |
| 2017 | 315.64 million BoP, current US$ | +52.9% |
| 2018 | 363.27 million BoP, current US$ | +15.1% |
| 2019 | 399.48 million BoP, current US$ | +10.0% |
| 2020 | 321.08 million BoP, current US$ | -19.6% |
| 2021 | 380.66 million BoP, current US$ | +18.6% |
| 2022 | 407.45 million BoP, current US$ | +7.0% |
| 2023 | 486.00 million BoP, current US$ | +19.3% |
| 2024 | 564.41 million BoP, current US$ | +16.1% |
| 2025 | 681.72 million BoP, current US$ | +20.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.92 million BoP, current US$ | 1.20 million BoP, current US$ | 27.70 million BoP, current US$ | 10 |
| 1990s | 16.21 million BoP, current US$ | 12.79 million BoP, current US$ | 22.57 million BoP, current US$ | 10 |
| 2000s | 40.41 million BoP, current US$ | 16.32 million BoP, current US$ | 88.34 million BoP, current US$ | 10 |
| 2010s | 224.34 million BoP, current US$ | 87.56 million BoP, current US$ | 399.48 million BoP, current US$ | 10 |
| 2020s | 473.56 million BoP, current US$ | 321.08 million BoP, current US$ | 681.72 million BoP, current US$ | 6 |
Countries ranked near Iceland
- 76 Costa Rica 759.75 million BoP, current US$ compare
- 77 Egypt 756.10 million BoP, current US$ compare
- 78 Morocco 687.96 million BoP, current US$ compare
- 80 Maldives 669.47 million BoP, current US$ compare
- 81 Tajikistan 645.88 million BoP, current US$ compare
- 82 Jordan 633.38 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)
- GDP (current US$), annual growth rate 16.26 % change on previous year (2025)
- GDP (current US$), per capita 98,323 current US$ per person (2025)
- GDP (current LCU), annual growth rate 8.24 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 128.44 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 12.63 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.28 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5991 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 58,910 constant 2015 US$ per person (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Iceland?
- Secondary income, other sectors, payments in Iceland was 681.72 million BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Iceland?
- The highest recorded value was 681.72 million BoP, current US$ in 2025.
- What is the lowest secondary income, other sectors, payments recorded in Iceland?
- The lowest recorded value was 1.20 million BoP, current US$ in 1980.
- How does Iceland rank for secondary income, other sectors, payments?
- Iceland ranks 79th out of 197 countries with data for 2025.
- Is secondary income, other sectors, payments rising or falling in Iceland?
- Over the last ten years it is up 108.8%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.