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 0.7297 in 2025. ◆ Volatile

Latest (2025)
0.7297
Change on year
down 1.6%
World rank
136th
of 194 countries
All-time high
1.28
in 2013
All-time low
0.0362
in 1982
Years of data
50
1976–2025

Money sent or brought back by migrants as a share of gdp in Iceland, 1976–2025

00.250.50.7511.2197620002025

Source: Our World in Data.

Analysis

The most recent figure for money sent or brought back by migrants as a share of gdp in Iceland is 0.7297, 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 1.28 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.

Money sent or brought back by migrants as a share of gdp in Iceland, year by year

Annual values for Money sent or brought back by migrants as a share of gdp in Iceland, 1976 to 2025.
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 Money sent or brought back by migrants as a share of gdp 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 +185.5% 0.0803 0.2294

Averages by decade

DecadeAverage LowestHighest 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

  1. 133 Palau 0.8032 compare
  2. 134 Sweden 0.7814 compare
  3. 135 Trinidad and Tobago 0.7692 compare
  4. 137 Namibia 0.7074 compare
  5. 138 Panama 0.7013 compare
  6. 139 Eswatini 0.6863 compare

See the full ranking of 194 places →

More population data for Iceland

All data for Iceland →

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 0.7297 in 2025, according to 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 1.28 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 0.0362 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 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.

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Money sent or brought back by migrants as a share of gdp in Iceland. Statizoid, drawing on Our World in Data. Retrieved 11 November 2026, from https://population.statizoid.com/stat/money-sent-or-brought-back-by-migrants-as-a-share-of-gdp/iceland/

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About this data

Indicator
Money sent or brought back by migrants as a share of gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed