Personal remittances, paid in Iceland
Iceland: Personal remittances, paid was 737.49 million current US$ in 2025. ◆ Volatile
Personal remittances, paid in Iceland, 1977–2025
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Iceland recorded 737.49 million current US$ for personal remittances, paid in 2025. That is the highest value across all 49 years on record.
The figure is up 14.5% on the previous year and up 430.0% over ten years.
Over the whole period, personal remittances, paid in Iceland peaked at 737.49 million current US$ in 2025 and was at its lowest, 900,000 current US$, in 1977.
Iceland ranks 61st of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.53 million current US$ | 900,000 current US$ | 1.90 million current US$ | 3 |
| 1980s | 3.41 million current US$ | 1.20 million current US$ | 9.00 million current US$ | 10 |
| 1990s | 14.38 million current US$ | 7.37 million current US$ | 21.26 million current US$ | 10 |
| 2000s | 117.21 million current US$ | 14.30 million current US$ | 375.70 million current US$ | 10 |
| 2010s | 231.90 million current US$ | 74.56 million current US$ | 533.02 million current US$ | 10 |
| 2020s | 517.55 million current US$ | 322.05 million current US$ | 737.49 million current US$ | 6 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Exports of goods and services 1.99 trillion current LCU (2025)
- Industry (including construction), value added 688.53 billion constant LCU (2025)
- Gross national expenditure 39.45 billion current US$ (2025)
- Gross national expenditure 5.07 trillion current LCU (2025)
- Gross national expenditure 23.89 billion constant 2015 US$ (2025)
- Industry (including construction), value added -1.2% (2025)
- Gross national expenditure 102.3% (2025)
- Exports of goods and services 15.48 billion current US$ (2025)
- Gross fixed capital formation 10.29 billion current US$ (2025)
- Exports of goods and services 40.1% (2025)
Frequently asked questions
- What is personal remittances, paid in Iceland?
- Personal remittances, paid in Iceland was 737.49 million current US$ in 2025, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Iceland?
- The highest recorded value was 737.49 million current US$ in 2025.
- What is the lowest personal remittances, paid recorded in Iceland?
- The lowest recorded value was 900,000 current US$ in 1977.
- How does Iceland rank for personal remittances, paid?
- Iceland ranks 61st out of 195 countries with data for 2025.
- Is personal remittances, paid rising or falling in Iceland?
- Over the last ten years it is up 430.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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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.