Remittances in Iceland increased to 1747 ISK Million in the second quarter of 2019 from 1526 ISK Million in the first quarter of 2019.

Remittances in Iceland averaged 335.02 ISK Million from 1995 until 2019, 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.

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. Looking forward, we estimate Remittances in Iceland to stand at 1048.91 in 12 months time. In the long-term, the Iceland Remittances is projected to trend around 1049.24 ISK Million in 2020, according to our econometric models.


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Iceland Remittances

Actual Previous Highest Lowest Dates Unit Frequency
1747.00 1526.00 2448.00 18.00 1995 - 2019 ISK Million Quarterly
Current Prices, NSA

Iceland Remittances
In Iceland, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).

Iceland Trade Last Previous Highest Lowest Unit
Balance of Trade -8300.00 -4367.40 24138.40 -28451.50 ISK Million [+]
Current Account 63.04 15.01 99.98 -137.24 ISK Billion [+]
Current Account to GDP 2.80 3.30 7.50 -23.00 percent [+]
Imports 52400.00 56452.30 74470.20 1.21 ISK Million [+]
Exports 44100.00 52084.88 76557.87 0.78 ISK Million [+]
External Debt 2332.92 2413.04 15748.53 280.59 ISK Billion [+]
Capital Flows 114.33 28.61 414.27 -418.16 ISK Billion [+]
Gold Reserves 1.98 1.98 2.00 1.84 Tonnes [+]
Terrorism Index 0.03 0.06 1.22 0.00 [+]
Tourist Arrivals 131054.00 163093.00 291344.00 10592.00 [+]
Remittances 1747.00 1526.00 2448.00 18.00 ISK Million [+]
Foreign Direct Investment 8.41 1.38 199.98 -553.03 ISK Billion [+]