Iceland vs Spain: Personal remittances, paid
Personal remittances, paid over time
- Iceland
- Spain
How they compare
Spain currently reports 794.15 million current US$ against 737.49 million current US$ in Iceland, a difference of 56.66 million current US$.
That makes Spain's figure about 1.1 times Iceland's.
The two have swapped places 8 times across 49 shared years of data; in 1977 it was Spain ahead.
Globally, Iceland ranks 61st and Spain ranks 58th of 195 countries.
Individual pages
About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.