Remittances in Iceland increased to 2227 ISK Million in the second quarter of 2022 from 1828 ISK Million in the first quarter of 2022. source: Central Bank of Iceland

Remittances in Iceland averaged 478.23 ISK Million from 1995 until 2022, 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 September 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 2023 and 1049.24 ISK Million in 2024, according to our econometric models.

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Iceland Inward Remittances

Related Last Previous Unit Reference
Current Account -39106.00 -50273.00 ISK Million Jun 2022
External Debt 2718912.00 2672610.00 ISK Million Jun 2022
Capital Flows -51566.00 -39302.00 ISK Million Jun 2022
Remittances 2227.00 1828.00 ISK Million Jun 2022
Foreign Direct Investment 74243.00 -32378.00 ISK Million Jun 2022

Iceland Inward Remittances
In Iceland, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).
Actual Previous Highest Lowest Dates Unit Frequency
2227.00 1828.00 2448.00 18.00 1995 - 2022 ISK Million Quarterly
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