Iceland vs Panama: Money sent or brought back by migrants as a share of GDP
Iceland
0.7%
in 2025
Panama
0.7%
in 2025
Iceland rank
136th
Panama rank
138th
Money sent or brought back by migrants as a share of GDP over time
- Iceland
- Panama
How they compare
Iceland currently reports 0.7% against 0.7% in Panama, a difference of 0.0%.
The two have swapped places 11 times across 49 shared years of data; in 1977 it was Panama ahead.
Iceland ranks 136th and Panama ranks 138th of 194 countries.
Across the 6 decades both report, Iceland averaged higher in 1 and Panama in 5.
Head to head by decade
| Decade | Iceland | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.1% | 3.7% | 3.7% | Panama |
| 1980s | 0.2% | 1.4% | 1.2% | Panama |
| 1990s | 0.6% | 1.1% | 0.4% | Panama |
| 2000s | 0.5% | 1.0% | 0.4% | Panama |
| 2010s | 1.0% | 1.0% | 0.0% | Panama |
| 2020s | 0.7% | 0.7% | 0.0% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher money sent or brought back by migrants as a share of gdp, Iceland or Panama?
- Iceland, at 0.7% against 0.7% in Panama as of 2025.
- What is the difference in money sent or brought back by migrants as a share of gdp between Iceland and Panama?
- 0.0%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Panama?
- 49 years are reported by both, from 1977 to 2025.
- How do Iceland and Panama rank globally for money sent or brought back by migrants as a share of gdp?
- Iceland ranks 136th and Panama ranks 138th of 194 countries.
- Where does this data come from?
- World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data, published as Money sent or brought back by migrants as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Money sent or brought back by migrants refers to remittances a country has received in this year.