Foreign aid spent in recipient countries in Iceland

Iceland: Foreign aid spent in recipient countries was 85.25 million constant 2024 US$ in 2024. ▲ Rising

Latest (2024)
85.25 million constant 2024 US$
Change on year
down 8.5%
World rank
37th
of 43 countries
All-time high
93.20 million constant 2024 US$
in 2023
All-time low
35.23 million constant 2024 US$
in 2011
Years of data
14
2011–2024

Foreign aid spent in recipient countries in Iceland, 2011–2024

020.0M40.0M60.0M80.0M100.0M2011201720242011: 35.2M constant 2024 US$2012: 37.7M constant 2024 US$2013: 48.0M constant 2024 US$2014: 43.8M constant 2024 US$2015: 47.1M constant 2024 US$2016: 51.4M constant 2024 US$2017: 48.0M constant 2024 US$2018: 57.9M constant 2024 US$2019: 50.5M constant 2024 US$2020: 54.7M constant 2024 US$2021: 62.7M constant 2024 US$2022: 82.9M constant 2024 US$2023: 93.2M constant 2024 US$2024: 85.2M constant 2024 US$

Source: OECD (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

In 2024, foreign aid spent in recipient countries in Iceland stood at 85.25 million constant 2024 US$.

That represents a change of down 8.5% on the previous year and up 94.5% over ten years.

Over the whole period, foreign aid spent in recipient countries in Iceland peaked at 93.20 million constant 2024 US$ in 2023 and was at its lowest, 35.23 million constant 2024 US$, in 2011.

Iceland ranks 37th of 43 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 46.62 million constant 2024 US$ 35.23 million constant 2024 US$ 57.85 million constant 2024 US$ 9
2020s 75.77 million constant 2024 US$ 54.72 million constant 2024 US$ 93.20 million constant 2024 US$ 5

Countries ranked near Iceland

  1. 34 Bulgaria 141.02 million constant 2024 US$ compare
  2. 35 Slovenia 135.93 million constant 2024 US$ compare
  3. 36 Hungary 105.01 million constant 2024 US$ compare
  4. 38 Estonia 73.59 million constant 2024 US$ compare
  5. 39 Latvia 71.81 million constant 2024 US$ compare
  6. 40 Azerbaijan 59.58 million constant 2024 US$ compare

See the full ranking of 43 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is foreign aid spent in recipient countries in Iceland?
Foreign aid spent in recipient countries in Iceland was 85.25 million constant 2024 US$ in 2024, according to OECD (2026) – with minor processing by Our World in Data.
What is the highest foreign aid spent in recipient countries recorded in Iceland?
The highest recorded value was 93.20 million constant 2024 US$ in 2023.
What is the lowest foreign aid spent in recipient countries recorded in Iceland?
The lowest recorded value was 35.23 million constant 2024 US$ in 2011.
How does Iceland rank for foreign aid spent in recipient countries?
Iceland ranks 37th out of 43 countries with data for 2024.
Is foreign aid spent in recipient countries rising or falling in Iceland?
Over the last ten years it is up 94.5%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from OECD (2026) – with minor processing by Our World in Data, published as part of Foreign aid spent in recipient countries. Statizoid updates them automatically from the source API.

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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Foreign aid spent in recipient countries
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
43 places, 580 data points, 2010–2024
Last refreshed

Official development assistance component that represents overseas aid. Monetary aid is estimated as net disbursements. This data is expressed in US dollars. It is adjusted for inflation.