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

Iceland: Personal remittances, received (current US$) (US UNICEF) was 246.06 million in 2024. ◆ Volatile

Latest (2024)
246.06 million
Change on year
up 11.4%
World rank
61st
of 69 countries
All-time high
246.06 million
in 2024
All-time low
1.20 million
in 1982
Years of data
49
1976–2024

Personal remittances, received in Iceland, 1976–2024

050.0M100.0M150.0M200.0M250.0M197620002024

Source: UNICEF.

Analysis

In 2024, personal remittances, received in Iceland stood at 246.06 million. That is the highest value across all 49 years on record.

That represents a change of up 11.4% on the previous year and up 12.4% over ten years.

Over the whole period, personal remittances, received in Iceland peaked at 246.06 million in 2024 and was at its lowest, 1.20 million, in 1982.

That places Iceland 61st out of 69 countries with data for 2024, putting it in the bottom quarter.

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

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

Annual values for Personal remittances, received (current US$) in Iceland, 1976 to 2024.
Year Value Change
1976 1.40 million —
1977 1.70 million +21.4%
1978 1.80 million +5.9%
1979 1.70 million -5.6%
1980 1.50 million -11.8%
1981 3.10 million +106.7%
1982 1.20 million -61.3%
1983 2.30 million +91.7%
1984 6.80 million +195.7%
1985 5.10 million -25.0%
1986 7.60 million +49.0%
1987 14.70 million +93.4%
1988 22.40 million +52.4%
1989 30.20 million +34.8%
1990 62.26 million +106.2%
1991 65.32 million +4.9%
1992 63.82 million -2.3%
1993 57.87 million -9.3%
1994 47.51 million -17.9%
1995 36.24 million -23.7%
1996 33.30 million -8.1%
1997 40.94 million +23.0%
1998 28.93 million -29.3%
1999 31.12 million +7.6%
2000 35.75 million +14.9%
2001 39.35 million +10.0%
2002 64.77 million +64.6%
2003 48.98 million -24.4%
2004 60.96 million +24.5%
2005 67.00 million +9.9%
2006 81.47 million +21.6%
2007 111.47 million +36.8%
2008 121.29 million +8.8%
2009 94.84 million -21.8%
2010 136.62 million +44.1%
2011 152.12 million +11.3%
2012 155.73 million +2.4%
2013 208.61 million +34.0%
2014 218.97 million +5.0%
2015 218.24 million -0.3%
2016 213.16 million -2.3%
2017 192.47 million -9.7%
2018 178.68 million -7.2%
2019 187.89 million +5.2%
2020 167.37 million -10.9%
2021 193.32 million +15.5%
2022 194.75 million +0.7%
2023 220.87 million +13.4%
2024 246.06 million +11.4%

Iceland compared with similar countries

  • Iceland's 246.06 million is below the median for high income countries, which is 1.87 billion, 13% of the median. (38 countries reporting)
  • Iceland's 246.06 million is below the median for Europe & Central Asia, which is 2.50 billion, 10% of the median. (49 countries reporting)

Biggest year-on-year movements

Years where Personal remittances, received (current US$) (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
1984 +195.7% 2.30 million 6.80 million

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.65 million 1.40 million 1.80 million 4
1980s 9.49 million 1.20 million 30.20 million 10
1990s 46.73 million 28.93 million 65.32 million 10
2000s 72.59 million 35.75 million 121.29 million 10
2010s 186.25 million 136.62 million 218.97 million 10
2020s 204.47 million 167.37 million 246.06 million 5

Countries ranked near Iceland

  1. 58 Estonia 496.26 million compare
  2. 59 North Macedonia 458.21 million compare
  3. 60 Saudi Arabia 338.47 million compare
  4. 62 Kazakhstan 240.78 million compare
  5. 63 Djibouti 56.00 million compare
  6. 64 Andorra 52.34 million compare

See the full ranking of 69 places →

More health data for Iceland

All data for Iceland →

Frequently asked questions

What is personal remittances, received in Iceland?
Personal remittances, received in Iceland was 246.06 million in 2024, according to UNICEF.
What is the highest personal remittances, received recorded in Iceland?
The highest recorded value was 246.06 million in 2024.
What is the lowest personal remittances, received recorded in Iceland?
The lowest recorded value was 1.20 million in 1982.
How does Iceland rank for personal remittances, received?
Iceland ranks 61st out of 69 countries with data for 2024.
Is personal remittances, received rising or falling in Iceland?
Over the last ten years it is up 12.4%. 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, received (current US$). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Personal remittances, received (current US$)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
69 places, 2,423 data points, 1970–2024
Last refreshed