Remittances in Iceland decreased to 1654 ISK Million in the third quarter of 2021 from 1744 ISK Million in the second quarter of 2021. source: Central Bank of Iceland

Remittances in Iceland averaged 434.97 ISK Million from 1995 until 2021, reaching an all time high of 2448 ISK Million in the third quarter of 2002 and a record low of 18 ISK Million in the first quarter of 2008. This page provides - Iceland Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Inward Remittances - values, historical data and charts - was last updated on January of 2022.

Remittances in Iceland is expected to be 1055.97 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Inward Remittances is projected to trend around 1049.30 ISK Million in 2022 and 1049.24 ISK Million in 2023, according to our econometric models.

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Iceland Inward Remittances

Related Last Previous Unit Reference
Current Account 13058.00 -36892.00 ISK Million Sep/21
External Debt 2685167.00 2496679.00 ISK Million Sep/21
Capital Flows 88222.00 14590.00 ISK Million Sep/21
Remittances 1654.00 1744.00 ISK Million Sep/21
Foreign Direct Investment 17567.00 -6040.00 ISK Million Sep/21
Iceland Inward Remittances
In Iceland, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).