Remittances in Iceland
Iceland: Remittances was 0.7297 in 2025. ◆ Volatile
Remittances in Iceland, 1976–2025
Source: Our World in Data.
Analysis
Iceland recorded 0.7297 for remittances in 2025.
The figure is down 1.6% on the previous year and down 40.8% over ten years.
Over the whole period, remittances in Iceland peaked at 1.28 in 2013 and was at its lowest, 0.0362, in 1982.
That places Iceland 136th out of 194 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 0.081 | — |
| 1977 | 0.0744 | -8.2% |
| 1978 | 0.0692 | -6.9% |
| 1979 | 0.0576 | -16.9% |
| 1980 | 0.0429 | -25.5% |
| 1981 | 0.0858 | +100.1% |
| 1982 | 0.0362 | -57.8% |
| 1983 | 0.0803 | +122.2% |
| 1984 | 0.2294 | +185.5% |
| 1985 | 0.1651 | -28.0% |
| 1986 | 0.1841 | +11.5% |
| 1987 | 0.2573 | +39.8% |
| 1988 | 0.3544 | +37.8% |
| 1989 | 0.5144 | +45.1% |
| 1990 | 0.93 | +80.8% |
| 1991 | 0.9134 | -1.8% |
| 1992 | 0.8709 | -4.7% |
| 1993 | 0.8991 | +3.2% |
| 1994 | 0.7184 | -20.1% |
| 1995 | 0.4915 | -31.6% |
| 1996 | 0.4332 | -11.9% |
| 1997 | 0.5306 | +22.5% |
| 1998 | 0.3349 | -36.9% |
| 1999 | 0.3417 | +2.0% |
| 2000 | 0.3912 | +14.5% |
| 2001 | 0.4727 | +20.8% |
| 2002 | 0.6879 | +45.5% |
| 2003 | 0.4235 | -38.4% |
| 2004 | 0.4366 | +3.1% |
| 2005 | 0.3907 | -10.5% |
| 2006 | 0.461 | +18.0% |
| 2007 | 0.5076 | +10.1% |
| 2008 | 0.6647 | +30.9% |
| 2009 | 0.7178 | +8.0% |
| 2010 | 0.9813 | +36.7% |
| 2011 | 0.9882 | +0.7% |
| 2012 | 1.04 | +5.5% |
| 2013 | 1.28 | +23.2% |
| 2014 | 1.21 | -5.5% |
| 2015 | 1.23 | +1.6% |
| 2016 | 1.01 | -18.0% |
| 2017 | 0.768 | -24.0% |
| 2018 | 0.6698 | -12.8% |
| 2019 | 0.752 | +12.3% |
| 2020 | 0.7596 | +1.0% |
| 2021 | 0.7369 | -3.0% |
| 2022 | 0.6675 | -9.4% |
| 2023 | 0.6967 | +4.4% |
| 2024 | 0.7414 | +6.4% |
| 2025 | 0.7297 | -1.6% |
Iceland compared with similar countries
- Iceland's 0.7297 is above the median for high income countries, which is 0.7013, 1.0× the median. (69 countries reporting)
- Iceland's 0.7297 is below the median for Europe & Central Asia, which is 1.4, 52% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Remittances 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.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +185.5% | 0.0803 | 0.2294 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0706 | 0.0576 | 0.081 | 4 |
| 1980s | 0.195 | 0.0362 | 0.5144 | 10 |
| 1990s | 0.6464 | 0.3349 | 0.93 | 10 |
| 2000s | 0.5154 | 0.3907 | 0.7178 | 10 |
| 2010s | 0.9943 | 0.6698 | 1.28 | 10 |
| 2020s | 0.722 | 0.6675 | 0.7596 | 6 |
Countries ranked near Iceland
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is remittances in Iceland?
- Remittances in Iceland was 0.7297 in 2025, according to Our World in Data.
- What is the highest remittances recorded in Iceland?
- The highest recorded value was 1.28 in 2013.
- What is the lowest remittances recorded in Iceland?
- The lowest recorded value was 0.0362 in 1982.
- How does Iceland rank for remittances?
- Iceland ranks 136th out of 194 countries with data for 2025.
- Is remittances rising or falling in Iceland?
- Over the last ten years it is down 40.8%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (Our World in Data).