Iceland - Net current transfers from abroad
Net current transfers from abroad (constant LCU)
The value for Net current transfers from abroad (constant LCU) in Iceland was -31,126,930,000 as of 2013. As the graph below shows, over the past 53 years this indicator reached a maximum value of 3,130,782 in 1964 and a minimum value of -248,281,000,000 in 2008.
Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | -728,001,700 |
| 1961 | -563,430,100 |
| 1962 | -382,173,000 |
| 1963 | -221,392,900 |
| 1964 | 3,130,782 |
| 1965 | -442,625,100 |
| 1966 | -308,364,100 |
| 1967 | -655,498,800 |
| 1968 | -1,483,297,000 |
| 1969 | -2,034,569,000 |
| 1970 | -983,103,800 |
| 1971 | -561,809,900 |
| 1972 | -1,725,140,000 |
| 1973 | -1,597,160,000 |
| 1974 | -2,187,267,000 |
| 1975 | -5,936,769,000 |
| 1976 | -6,876,644,000 |
| 1977 | -5,802,114,000 |
| 1978 | -7,792,287,000 |
| 1979 | -8,482,821,000 |
| 1980 | -9,501,754,000 |
| 1981 | -13,382,200,000 |
| 1982 | -16,732,030,000 |
| 1983 | -20,220,870,000 |
| 1984 | -24,106,160,000 |
| 1985 | -21,842,470,000 |
| 1986 | -19,304,170,000 |
| 1987 | -14,457,820,000 |
| 1988 | -15,915,120,000 |
| 1989 | -22,347,570,000 |
| 1990 | -21,574,670,000 |
| 1991 | -16,945,960,000 |
| 1992 | -13,940,450,000 |
| 1993 | -15,245,950,000 |
| 1994 | -20,150,350,000 |
| 1995 | -18,354,820,000 |
| 1996 | -15,782,200,000 |
| 1997 | -16,410,980,000 |
| 1998 | -16,521,000,000 |
| 1999 | -15,625,030,000 |
| 2000 | -23,013,690,000 |
| 2001 | -27,175,040,000 |
| 2002 | -1,407,482,000 |
| 2003 | -13,901,360,000 |
| 2004 | -38,817,130,000 |
| 2005 | -36,954,380,000 |
| 2006 | -62,668,660,000 |
| 2007 | -56,154,610,000 |
| 2008 | -248,281,000,000 |
| 2009 | -209,735,000,000 |
| 2010 | -181,103,000,000 |
| 2011 | -150,385,000,000 |
| 2012 | -116,588,000,000 |
| 2013 | -31,126,930,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
