Secondary income, Debit/Expenditure (US dollar) in Iceland

Iceland: Secondary income, Debit/Expenditure (US dollar) was 786.49 million in 2024. ◆ Volatile

Latest (2024)
786.49 million
Change on year
up 14.2%
World rank
80th
of 198 countries
All-time high
786.49 million
in 2024
All-time low
73.80 million
in 2005
Years of data
20
2005–2024

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

0200.0M400.0M600.0M800.0M2005201420242005: 73.8M2006: 88.5M2007: 128.2M2008: 149.7M2009: 130.3M2010: 151.2M2011: 194.2M2012: 192.4M2013: 228.8M2014: 257.7M2015: 411.2M2016: 309.3M2017: 427.9M2018: 495.1M2019: 523.8M2020: 450.8M2021: 530.4M2022: 610.3M2023: 688.9M2024: 786.5M

Source: International Monetary Fund.

Analysis

The most recent figure for secondary income, debit/expenditure in Iceland is 786.49 million, measured in 2024. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 14.2% on the previous year and up 205.1% over ten years.

Over the whole period, secondary income, debit/expenditure in Iceland peaked at 786.49 million in 2024 and was at its lowest, 73.80 million, in 2005.

That places Iceland 80th 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.

Secondary income, Debit/Expenditure (US dollar) in Iceland, year by year

Annual values for Secondary income, Debit/Expenditure (US dollar) in Iceland, 2005 to 2024.
Year Value Change
2005 73.80 million —
2006 88.49 million +19.9%
2007 128.21 million +44.9%
2008 149.68 million +16.7%
2009 130.26 million -13.0%
2010 151.19 million +16.1%
2011 194.25 million +28.5%
2012 192.38 million -1.0%
2013 228.76 million +18.9%
2014 257.74 million +12.7%
2015 411.18 million +59.5%
2016 309.31 million -24.8%
2017 427.94 million +38.4%
2018 495.12 million +15.7%
2019 523.78 million +5.8%
2020 450.83 million -13.9%
2021 530.41 million +17.7%
2022 610.31 million +15.1%
2023 688.88 million +12.9%
2024 786.49 million +14.2%

Iceland compared with similar countries

  • Iceland's 786.49 million is below the median for high income countries, which is 4.46 billion, 18% of the median. (72 countries reporting)
  • Iceland's 786.49 million is below the median for Europe & Central Asia, which is 2.73 billion, 29% of the median. (50 countries reporting)

Biggest year-on-year movements

Years where Secondary income, Debit/Expenditure (US dollar) 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
2015 +59.5% 257.74 million 411.18 million

Averages by decade

DecadeAverage LowestHighest Years
2000s 114.09 million 73.80 million 149.68 million 5
2010s 319.16 million 151.19 million 523.78 million 10
2020s 613.38 million 450.83 million 786.49 million 5

Countries ranked near Iceland

  1. 77 Iraq 886.90 million compare
  2. 78 Armenia 848.19 million compare
  3. 79 Estonia 840.68 million compare
  4. 81 Costa Rica 786.46 million compare
  5. 82 Haiti 770.00 million compare
  6. 83 Morocco 717.76 million compare

See the full ranking of 207 places →

More trade data for Iceland

All data for Iceland →

Frequently asked questions

What is secondary income, debit/expenditure in Iceland?
Secondary income, debit/expenditure in Iceland was 786.49 million in 2024, according to International Monetary Fund.
What is the highest secondary income, debit/expenditure recorded in Iceland?
The highest recorded value was 786.49 million in 2024.
What is the lowest secondary income, debit/expenditure recorded in Iceland?
The lowest recorded value was 73.80 million in 2005.
How does Iceland rank for secondary income, debit/expenditure?
Iceland ranks 80th out of 198 countries with data for 2024.
Is secondary income, debit/expenditure rising or falling in Iceland?
Over the last ten years it is up 205.1%. 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 Secondary income, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Secondary income, Debit/Expenditure in Iceland. Statizoid, drawing on International Monetary Fund. Retrieved 09 November 2026, from https://trade.statizoid.com/stat/secondary-income-debit-expenditure-us-dollar/iceland/

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About this data

Indicator
Secondary income, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,850 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.