Primary income, Debit/Expenditure in Iceland

Iceland: Primary income, Debit/Expenditure was 1.43 billion in 2024. β—† Volatile

Latest (2024)
1.43 billion
Change on year
down 4.5%
World rank
111th
of 198 countries
All-time high
5.78 billion
in 2007
All-time low
56.65 million
in 2020
Years of data
20
2005–2024

Primary income, Debit/Expenditure in Iceland, 2005–2024

02.0B4.0B6.0B2005201420242005: 2.2B2006: 3.8B2007: 5.8B2008: 5.4B2009: 3.0B2010: 2.7B2011: 3.2B2012: 2.2B2013: 1.2B2014: 1.2B2015: 1.0B2016: 788.5M2017: 856.8M2018: 646.4M2019: 248.9M2020: 56.7M2021: 787.4M2022: 1.1B2023: 1.5B2024: 1.4B

Source: International Monetary Fund.

Analysis

Iceland recorded 1.43 billion for primary income, debit/expenditure in 2024.

That represents a change of down 4.5% on the previous year and up 19.1% over ten years.

Over the whole period, primary income, debit/expenditure in Iceland peaked at 5.78 billion in 2007 and was at its lowest, 56.65 million, in 2020.

That places Iceland 111th out of 198 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.03 billion 2.19 billion 5.78 billion 5
2010s 1.41 billion 248.87 million 3.18 billion 10
2020s 973.65 million 56.65 million 1.50 billion 5

Countries ranked near Iceland

  1. 108 Guyana 1.68 billion compare
  2. 109 Armenia, Republic of 1.66 billion compare
  3. 110 Sudan 1.55 billion compare
  4. 112 Nicaragua 1.37 billion compare
  5. 113 Bosnia and Herzegovina 1.35 billion compare
  6. 114 Uganda 1.34 billion compare

See the full ranking of 207 places β†’

More trade data for Iceland

All data for Iceland β†’

Frequently asked questions

What is primary income, debit/expenditure in Iceland?
Primary income, debit/expenditure in Iceland was 1.43 billion in 2024, according to International Monetary Fund.
What is the highest primary income, debit/expenditure recorded in Iceland?
The highest recorded value was 5.78 billion in 2007.
What is the lowest primary income, debit/expenditure recorded in Iceland?
The lowest recorded value was 56.65 million in 2020.
How does Iceland rank for primary income, debit/expenditure?
Iceland ranks 111th out of 198 countries with data for 2024.
Is primary income, debit/expenditure rising or falling in Iceland?
Over the last ten years it is up 19.1%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from International Monetary Fund, published as part of Primary income, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Primary income, Debit/Expenditure in Iceland. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/primary-income-debit-expenditure-us-dollar/iceland/

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About this data

Indicator
Primary income, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.