Remittances paid — all countries

Remittances paid — Iceland

Remittances paid in Iceland in 2025 — 737,485,863 US$. Ranked 45 in the world out of 95. Since 1977, the indicator has risen by 81,842.9%.

2025 737M US$ +14.49% vs 2024
World rank 45of 95
Period maximum 737M US$2025
Period minimum 900,000 US$1977

Trend over time

1977–2025 · US$

Remittances paid — Iceland, 1977–20250200M400M600M800M197719821987199219972002200720122017202220251977: 900,000 US$1978: 1,800,000 US$1979: 1,900,000 US$1980: 2,000,000 US$1981: 1,800,000 US$1982: 2,400,000 US$1983: 1,700,000 US$1984: 1,400,000 US$1985: 1,200,000 US$1986: 2,200,000 US$1987: 4,600,000 US$1988: 7,800,000 US$1989: 9,000,000 US$1990: 11,713,797 US$1991: 14,966,202 US$1992: 12,560,952 US$1993: 10,409,043 US$1994: 7,365,356 US$1995: 21,258,502 US$1996: 15,566,966 US$1997: 19,908,502 US$1998: 16,114,051 US$1999: 13,944,927 US$2000: 23,395,769 US$2001: 14,299,693 US$2002: 20,675,059 US$2003: 19,336,938 US$2004: 28,352,889 US$2005: 136,198,503 US$2006: 209,364,924 US$2007: 375,700,443 US$2008: 264,080,874 US$2009: 80,737,072 US$2010: 74,562,372 US$2011: 85,919,236 US$2012: 90,299,286 US$2013: 97,108,689 US$2014: 102,734,904 US$2015: 139,136,974 US$2016: 246,667,889 US$2017: 500,908,460 US$2018: 533,018,197 US$2019: 448,688,543 US$2020: 322,048,165 US$2021: 375,515,540 US$2022: 457,235,784 US$2023: 568,863,828 US$2024: 644,164,467 US$2025: 737,485,863 US$
Change over the period: +737M (+81,842.87%) Average annual rate: 15 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Iceland

Iceland 737M US$
World 526B US$
Remittances paid — Iceland, by year Iceland All countries CSV XLSX
Year US$ Change Change, %
2025 737M +93.32M +14.49%
2024 644M +75.3M +13.24%
2023 569M +112M +24.41%
2022 457M +81.72M +21.76%
2021 376M +53.47M +16.6%
2020 322M −127M −28.22%
2019 449M −84.33M −15.82%
2018 533M +32.11M +6.41%
2017 501M +254M +103.07%
2016 247M +108M +77.28%
2015 139M +36.4M +35.43%
2014 103M +5.63M +5.79%
2013 97.11M +6.81M +7.54%
2012 90.3M +4.38M +5.1%
2011 85.92M +11.36M +15.23%
2010 74.56M −6.17M −7.65%
2009 80.74M −183M −69.43%
2008 264M −112M −29.71%
2007 376M +166M +79.45%
2006 209M +73.17M +53.72%
2005 136M +108M +380.37%
2004 28.35M +9.02M +46.63%
2003 19.34M −1.34M −6.47%
2002 20.68M +6.38M +44.58%
2001 14.3M −9.1M −38.88%
2000 23.4M +9.45M +67.77%
1999 13.94M −2.17M −13.46%
1998 16.11M −3.79M −19.06%
1997 19.91M +4.34M +27.89%
1996 15.57M −5.69M −26.77%
1995 21.26M +13.89M +188.63%
1994 7.37M −3.04M −29.24%
1993 10.41M −2.15M −17.13%
1992 12.56M −2.41M −16.07%
1991 14.97M +3.25M +27.77%
1990 11.71M +2.71M +30.15%
1989 9M +1.2M +15.38%
1988 7.8M +3.2M +69.57%
1987 4.6M +2.4M +109.09%
1986 2.2M +1M +83.33%
1985 1.2M −200,000 −14.29%
1984 1.4M −300,000 −17.65%
1983 1.7M −700,000 −29.17%
1982 2.4M +600,000 +33.33%
1981 1.8M −200,000 −10%
1980 2M +100,000 +5.26%
1979 1.9M +100,000 +5.56%
1978 1.8M +900,000 +100%
1977 900,000

Northern Europe, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Personal remittances sent from a country abroad. This is the mirror side of remittances received, and together the two divide the world into countries that take in labor migrants and countries that send them. The largest senders are the United States and the Gulf states, and for the latter the flow is enormous relative to the size of the economy: incomers make up the majority of those working there.

Important: Remittances sent and received should match at the world level, but they do not: some countries do not record the flow, and part of the transfers goes outside the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.