Personal remittances, paid (current US$) (UNICEF) in Iceland

Iceland: Personal remittances, paid (current US$) (UNICEF) was 644.16 million in 2024. ◆ Volatile

Latest (2024)
644.16 million
Change on year
up 13.2%
World rank
36th
of 72 countries
All-time high
644.16 million
in 2024
All-time low
900,000
in 1977
Years of data
48
1977–2024

Personal remittances, paid in Iceland, 1977–2024

0200.0M400.0M600.0M197720002024

Source: UNICEF.

Analysis

The most recent figure for personal remittances, paid in Iceland is 644.16 million, measured in 2024. That is the highest value across all 48 years on record.

Compared with earlier readings it is up 13.2% on the previous year and up 527.0% over ten years.

Over the whole period, personal remittances, paid in Iceland peaked at 644.16 million in 2024 and was at its lowest, 900,000, in 1977.

That places Iceland 36th out of 72 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Personal remittances, paid (current US$) (UNICEF) in Iceland, year by year

Annual values for Personal remittances, paid (current US$) in Iceland, 1977 to 2024.
Year Value Change
1977 900,000 —
1978 1.80 million +100.0%
1979 1.90 million +5.6%
1980 2.00 million +5.3%
1981 1.80 million -10.0%
1982 2.40 million +33.3%
1983 1.70 million -29.2%
1984 1.40 million -17.6%
1985 1.20 million -14.3%
1986 2.20 million +83.3%
1987 4.60 million +109.1%
1988 7.80 million +69.6%
1989 9.00 million +15.4%
1990 11.71 million +30.2%
1991 14.97 million +27.8%
1992 12.56 million -16.1%
1993 10.41 million -17.1%
1994 7.37 million -29.2%
1995 21.26 million +188.6%
1996 15.57 million -26.8%
1997 19.91 million +27.9%
1998 16.11 million -19.1%
1999 13.94 million -13.5%
2000 23.40 million +67.8%
2001 14.30 million -38.9%
2002 20.68 million +44.6%
2003 19.34 million -6.5%
2004 28.35 million +46.6%
2005 136.20 million +380.4%
2006 209.37 million +53.7%
2007 375.70 million +79.4%
2008 264.08 million -29.7%
2009 80.74 million -69.4%
2010 74.56 million -7.6%
2011 85.92 million +15.2%
2012 90.30 million +5.1%
2013 97.11 million +7.5%
2014 102.73 million +5.8%
2015 139.14 million +35.4%
2016 246.67 million +77.3%
2017 500.91 million +103.1%
2018 533.02 million +6.4%
2019 448.69 million -15.8%
2020 322.05 million -28.2%
2021 375.52 million +16.6%
2022 457.24 million +21.8%
2023 568.86 million +24.4%
2024 644.16 million +13.2%

Iceland compared with similar countries

  • Iceland's 644.16 million is below the median for high income countries, which is 3.61 billion, 18% of the median. (40 countries reporting)
  • Iceland's 644.16 million is below the median for Europe & Central Asia, which is 920.50 million, 70% of the median. (50 countries reporting)

Biggest year-on-year movements

Years where Personal remittances, paid (current US$) (UNICEF) 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.

YearChange FromTo
2005 +380.4% 28.35 million 136.20 million

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.53 million 900,000 1.90 million 3
1980s 3.41 million 1.20 million 9.00 million 10
1990s 14.38 million 7.37 million 21.26 million 10
2000s 117.21 million 14.30 million 375.70 million 10
2010s 231.90 million 74.56 million 533.02 million 10
2020s 473.57 million 322.05 million 644.16 million 5

Countries ranked near Iceland

  1. 33 Iraq 735.70 million compare
  2. 34 Lithuania 676.06 million compare
  3. 35 Azerbaijan 663.70 million compare
  4. 37 Armenia 595.50 million compare
  5. 38 Spain 588.21 million compare
  6. 39 Tajikistan 586.13 million compare

See the full ranking of 72 places →

More health data for Iceland

All data for Iceland →

Frequently asked questions

What is personal remittances, paid in Iceland?
Personal remittances, paid in Iceland was 644.16 million in 2024, according to UNICEF.
What is the highest personal remittances, paid recorded in Iceland?
The highest recorded value was 644.16 million in 2024.
What is the lowest personal remittances, paid recorded in Iceland?
The lowest recorded value was 900,000 in 1977.
How does Iceland rank for personal remittances, paid?
Iceland ranks 36th out of 72 countries with data for 2024.
Is personal remittances, paid rising or falling in Iceland?
Over the last ten years it is up 527.0%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from UNICEF, published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.

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Personal remittances, paid in Iceland. Statizoid, drawing on UNICEF. Retrieved 10 November 2026, from https://health.statizoid.com/stat/personal-remittances-paid-current-us-2/iceland/

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About this data

Indicator
Personal remittances, paid (current US$)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
72 places, 2,581 data points, 1970–2024
Last refreshed