Iceland vs Sweden: Money sent or brought back by migrants as a share of GDP

Iceland
0.7%
in 2025
Sweden
0.8%
in 2025
Iceland rank
136th
Sweden rank
134th

Money sent or brought back by migrants as a share of GDP over time

  • Iceland
  • Sweden
00.511.5197019972025

How they compare

Sweden currently reports 0.8% against 0.7% in Iceland, a difference of 0.1%.

That makes Sweden's figure about 1.1 times Iceland's.

The two have swapped places 5 times across 50 shared years of data; in 1976 it was Iceland ahead.

Iceland ranks 136th and Sweden ranks 134th of 194 countries.

Iceland has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Iceland Sweden Difference Ahead
1970s 0.1% 0.0% 0.0% Iceland
1980s 0.2% 0.0% 0.2% Iceland
1990s 0.6% 0.1% 0.6% Iceland
2000s 0.5% 0.5% 0.0% Iceland
2010s 1.0% 0.7% 0.3% Iceland
2020s 0.7% 0.7% 0.1% 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 Sweden?
Sweden, at 0.8% against 0.7% in Iceland as of 2025.
What is the difference in money sent or brought back by migrants as a share of gdp between Iceland and Sweden?
0.1%, with Sweden ahead.
How many years of comparable data are there for Iceland and Sweden?
50 years are reported by both, from 1976 to 2025.
How do Iceland and Sweden rank globally for money sent or brought back by migrants as a share of gdp?
Iceland ranks 136th and Sweden ranks 134th 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.

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Iceland vs Sweden: Money sent or brought back by migrants as a share of GDP. Statizoid, drawing on World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Retrieved 06 September 2026, from https://population.statizoid.com/compare/money-sent-or-brought-back-by-migrants-as-a-share-of-gdp/iceland/sweden/

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About this data

Indicator
Money sent or brought back by migrants as a share of GDP
Unit
% of GDP
Source
World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed

Money sent or brought back by migrants refers to remittances a country has received in this year.