Iceland vs Latvia: Net and grant-equivalent foreign aid given
Net and grant-equivalent 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$.
That makes Iceland's figure about 1.4 times Latvia's.
The two have swapped places 2 times across 8 shared years of data; in 2018 it was Iceland ahead.
Iceland ranks 39th and Latvia ranks 41st of 49 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 77.78 million constant 2024 US$ | 43.31 million constant 2024 US$ | 34.47 million constant 2024 US$ | Iceland |
| 2020s | 99.57 million constant 2024 US$ | 97.23 million constant 2024 US$ | 2.33 million constant 2024 US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net and grant-equivalent foreign aid given, Iceland or Latvia?
- Iceland, at 114.19 million constant 2024 US$ against 80.27 million constant 2024 US$ in Latvia as of 2025.
- What is the difference in net and grant-equivalent foreign aid given between Iceland and Latvia?
- 33.92 million constant 2024 US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 8 years are reported by both, from 2018 to 2025.
- How do Iceland and Latvia rank globally for net and grant-equivalent foreign aid given?
- Iceland ranks 39th and Latvia ranks 41st of 49 countries.
- Where does this data come from?
- OECD (2026) – with major processing by Our World in Data, published as Net and grant-equivalent foreign aid given. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 net disbursements. This data is expressed in US dollars. It is adjusted for inflation.