Amount of foreign aid spend in recipient countries in Iceland

Iceland: Amount of foreign aid spend in recipient countries was 85.25 million in 2024. ▲ Rising

Latest (2024)
85.25 million
Change on year
up 35.9%
World rank
37th
of 43 countries
All-time high
85.25 million
in 2024
All-time low
35.23 million
in 2011
Years of data
14
2011–2024

Amount of foreign aid spend in recipient countries in Iceland, 2011–2024

020.0M40.0M60.0M80.0M100.0M2011201720242011: 35.2M2012: 37.7M2013: 48.0M2014: 43.8M2015: 47.1M2016: 51.4M2017: 48.0M2018: 57.9M2019: 50.5M2020: 54.7M2021: 62.7M2022: 82.9M2023: 93.2M2024: 85.2M

Source: Our World in Data.

Analysis

In 2024, amount of foreign aid spend in recipient countries in Iceland stood at 85.25 million. That is the highest value across all 14 years on record.

That represents a change of up 35.9% on the previous year and up 94.5% over ten years.

Over the whole period, amount of foreign aid spend in recipient countries in Iceland peaked at 85.25 million in 2024 and was at its lowest, 35.23 million, 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.

Amount of foreign aid spend in recipient countries in Iceland, year by year

Annual values for Amount of foreign aid spend in recipient countries in Iceland, 2011 to 2024.
Year Value Change
2011 35.23 million —
2012 37.67 million +6.9%
2013 48.01 million +27.5%
2014 43.83 million -8.7%
2015 47.08 million +7.4%
2016 51.36 million +9.1%
2017 48.02 million -6.5%
2018 57.85 million +20.5%
2019 50.49 million -12.7%
2020 54.72 million +8.4%
2021 62.73 million +14.6%
2022 82.94 million +32.2%
2023 93.20 million +12.4%
2024 85.25 million -8.5%

Iceland compared with similar countries

  • Iceland's 85.25 million is below the median for high income countries, which is 1.30 billion, 7% of the median. (40 countries reporting)
  • Iceland's 85.25 million is below the median for Europe & Central Asia, which is 554.34 million, 15% of the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 46.62 million 35.23 million 57.85 million 9
2020s 75.77 million 54.72 million 93.20 million 5

Countries ranked near Iceland

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

See the full ranking of 43 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is amount of foreign aid spend in recipient countries in Iceland?
Amount of foreign aid spend in recipient countries in Iceland was 85.25 million in 2024, according to Our World in Data.
What is the highest amount of foreign aid spend in recipient countries recorded in Iceland?
The highest recorded value was 85.25 million in 2024.
What is the lowest amount of foreign aid spend in recipient countries recorded in Iceland?
The lowest recorded value was 35.23 million in 2011.
How does Iceland rank for amount of foreign aid spend in recipient countries?
Iceland ranks 37th out of 43 countries with data for 2024.
Is amount of foreign aid spend 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 Our World in Data, published as part of Amount of foreign aid spend in recipient countries. Statizoid updates them automatically from the source API.

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Amount of foreign aid spend in recipient countries in Iceland. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://reference.statizoid.com/stat/amount-of-foreign-aid-spend-in-recipient-countries/iceland/

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About this data

Indicator
Amount of foreign aid spend in recipient countries
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
43 places, 433 data points, 2011–2024
Last refreshed