Money sent or brought back by migrants as a share of GDP in Iceland
Iceland: Money sent or brought back by migrants as a share of GDP was 0.7% in 2025. ◆ Volatile
Money sent or brought back by migrants as a share of GDP in Iceland, 1976–2025
Source: World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for money sent or brought back by migrants as a share of gdp in Iceland is 0.7%, measured in 2025.
Compared with earlier readings it is down 1.6% on the previous year and down 40.8% over ten years.
Over the whole period, money sent or brought back by migrants as a share of gdp in Iceland peaked at 1.3% in 2013 and was at its lowest, 0.0%, 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.
Money sent or brought back by migrants as a share of GDP in Iceland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1976 | 0.1% | — |
| 1977 | 0.1% | -8.2% |
| 1978 | 0.1% | -6.9% |
| 1979 | 0.1% | -16.9% |
| 1980 | 0.0% | -25.5% |
| 1981 | 0.1% | +100.1% |
| 1982 | 0.0% | -57.8% |
| 1983 | 0.1% | +122.2% |
| 1984 | 0.2% | +185.5% |
| 1985 | 0.2% | -28.0% |
| 1986 | 0.2% | +11.5% |
| 1987 | 0.3% | +39.8% |
| 1988 | 0.4% | +37.8% |
| 1989 | 0.5% | +45.1% |
| 1990 | 0.9% | +80.8% |
| 1991 | 0.9% | -1.8% |
| 1992 | 0.9% | -4.7% |
| 1993 | 0.9% | +3.2% |
| 1994 | 0.7% | -20.1% |
| 1995 | 0.5% | -31.6% |
| 1996 | 0.4% | -11.9% |
| 1997 | 0.5% | +22.5% |
| 1998 | 0.3% | -36.9% |
| 1999 | 0.3% | +2.0% |
| 2000 | 0.4% | +14.5% |
| 2001 | 0.5% | +20.8% |
| 2002 | 0.7% | +45.5% |
| 2003 | 0.4% | -38.4% |
| 2004 | 0.4% | +3.1% |
| 2005 | 0.4% | -10.5% |
| 2006 | 0.5% | +18.0% |
| 2007 | 0.5% | +10.1% |
| 2008 | 0.7% | +30.9% |
| 2009 | 0.7% | +8.0% |
| 2010 | 1.0% | +36.7% |
| 2011 | 1.0% | +0.7% |
| 2012 | 1.0% | +5.5% |
| 2013 | 1.3% | +23.2% |
| 2014 | 1.2% | -5.5% |
| 2015 | 1.2% | +1.6% |
| 2016 | 1.0% | -18.0% |
| 2017 | 0.8% | -24.0% |
| 2018 | 0.7% | -12.8% |
| 2019 | 0.8% | +12.3% |
| 2020 | 0.8% | +1.0% |
| 2021 | 0.7% | -3.0% |
| 2022 | 0.7% | -9.4% |
| 2023 | 0.7% | +4.4% |
| 2024 | 0.7% | +6.4% |
| 2025 | 0.7% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.1% | 0.1% | 4 |
| 1980s | 0.2% | 0.0% | 0.5% | 10 |
| 1990s | 0.6% | 0.3% | 0.9% | 10 |
| 2000s | 0.5% | 0.4% | 0.7% | 10 |
| 2010s | 1.0% | 0.7% | 1.3% | 10 |
| 2020s | 0.7% | 0.7% | 0.8% | 6 |
Countries ranked near Iceland
More population data for Iceland
- Population regions with projections, annual growth rate -0.4984 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -5.08 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.4984 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.2688 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 408.78 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4806 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6617 % change on previous year (2100)
- World population growth -0.5% (2100)
- Population density 3.6 people per km² (2100)
- Number of children under 5, by world region 13,661 people (2100)
Frequently asked questions
- What is money sent or brought back by migrants as a share of gdp in Iceland?
- Money sent or brought back by migrants as a share of gdp in Iceland was 0.7% in 2025, according to World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data.
- What is the highest money sent or brought back by migrants as a share of gdp recorded in Iceland?
- The highest recorded value was 1.3% in 2013.
- What is the lowest money sent or brought back by migrants as a share of gdp recorded in Iceland?
- The lowest recorded value was 0.0% in 1982.
- How does Iceland rank for money sent or brought back by migrants as a share of gdp?
- Iceland ranks 136th out of 194 countries with data for 2025.
- Is money sent or brought back by migrants as a share of gdp 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 World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data, published as part of Money sent or brought back by migrants as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
Money sent or brought back by migrants refers to remittances a country has received in this year.