Iceland vs Latvia: Foreign aid given

Iceland

114.19 million constant 2024 US$

in 2025

Latvia

80.27 million constant 2024 US$

in 2025

Iceland rank

40th

Latvia rank

42nd

Foreign aid given over time

Iceland
Latvia

How they compare

Iceland currently reports 114.19 million constant 2024 US$ against 80.27 million constant 2024 US$ in Latvia, a difference of 33.92 million constant 2024 US$.

That makes Iceland's figure about 1.4 times Latvia's.

The two have swapped places 2 times across 8 shared years of data; in 2018 it was Iceland ahead.

Iceland ranks 40th and Latvia ranks 42nd of 49 countries.

Individual pages

About this data

Indicator: Foreign aid given
Unit: constant 2024 US$
Source: OECD (2026) – with minor processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 49 places, 383 data points, 2018–2025
Last refreshed: 07 August 2026

Official development assistance (ODA) is defined as government aid designed to promote the economic development and welfare of developing countries. Monetary aid is estimated as grant equivalents. This data is expressed in US dollars. It is adjusted for inflation.