Foreign aid given for social infrastructure and services in Iceland

Iceland: Foreign aid given for social infrastructure and services was 303,598 constant 2024 US$ in 2024. ◆ Volatile

Latest (2024)
303,598 constant 2024 US$
Change on year
down 0.1%
World rank
37th
of 41 countries
All-time high
8.86 million constant 2024 US$
in 2017
All-time low
303,598 constant 2024 US$
in 2024
Years of data
14
2011–2024

Foreign aid given for social infrastructure and services in Iceland, 2011–2024

02.0M4.0M6.0M8.0M2011201720242011: 3.0M constant 2024 US$2012: 3.5M constant 2024 US$2013: 4.1M constant 2024 US$2014: 4.6M constant 2024 US$2015: 6.7M constant 2024 US$2016: 7.6M constant 2024 US$2017: 8.9M constant 2024 US$2018: 8.4M constant 2024 US$2019: 1.2M constant 2024 US$2020: 598.0k constant 2024 US$2021: 593.9k constant 2024 US$2022: 3.2M constant 2024 US$2023: 303.8k constant 2024 US$2024: 303.6k constant 2024 US$

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

Analysis

Iceland recorded 303,598 constant 2024 US$ for foreign aid given for social infrastructure and services in 2024. That is the lowest value across all 14 years on record.

Compared with earlier readings it is down 0.1% on the previous year and down 93.4% over ten years.

Over the whole period, foreign aid given for social infrastructure and services in Iceland peaked at 8.86 million constant 2024 US$ in 2017 and was at its lowest, 303,598 constant 2024 US$, in 2024.

That places Iceland 37th out of 41 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Foreign aid given for social infrastructure and services in Iceland, year by year

Annual values for Foreign aid given for social infrastructure and services in Iceland, 2011 to 2024.
Year constant 2024 US$ Change
2011 3.04 million constant 2024 US$
2012 3.53 million constant 2024 US$ +16.0%
2013 4.12 million constant 2024 US$ +16.8%
2014 4.60 million constant 2024 US$ +11.5%
2015 6.74 million constant 2024 US$ +46.6%
2016 7.59 million constant 2024 US$ +12.5%
2017 8.86 million constant 2024 US$ +16.7%
2018 8.45 million constant 2024 US$ -4.6%
2019 1.22 million constant 2024 US$ -85.6%
2020 598,045 constant 2024 US$ -50.9%
2021 593,852 constant 2024 US$ -0.7%
2022 3.18 million constant 2024 US$ +435.6%
2023 303,760 constant 2024 US$ -90.5%
2024 303,598 constant 2024 US$ -0.1%

Iceland compared with similar countries

  • Iceland's 303,598 constant 2024 US$ is below the median for high income countries, which is 16.16 million constant 2024 US$, 2% of the median. (38 countries reporting)
  • Iceland's 303,598 constant 2024 US$ is below the median for Europe & Central Asia, which is 10.94 million constant 2024 US$, 3% of the median. (32 countries reporting)

Biggest year-on-year movements

Years where Foreign aid given for social infrastructure and services in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2022 +435.6% 593,852 constant 2024 US$ 3.18 million constant 2024 US$

Averages by decade

DecadeAverage LowestHighest Years
2010s 5.35 million constant 2024 US$ 1.22 million constant 2024 US$ 8.86 million constant 2024 US$ 9
2020s 996,019 constant 2024 US$ 303,598 constant 2024 US$ 3.18 million constant 2024 US$ 5

Countries ranked near Iceland

  1. 34 Kazakhstan 549,276 constant 2024 US$ compare
  2. 35 Bulgaria 472,684 constant 2024 US$ compare
  3. 36 Slovenia 464,490 constant 2024 US$ compare
  4. 38 Lithuania 255,828 constant 2024 US$ compare
  5. 39 Slovakia 214,127 constant 2024 US$ compare
  6. 40 Greece 111,626 constant 2024 US$ compare

See the full ranking of 48 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is foreign aid given for social infrastructure and services in Iceland?
Foreign aid given for social infrastructure and services in Iceland was 303,598 constant 2024 US$ in 2024, according to OECD (2026) – with major processing by Our World in Data.
What is the highest foreign aid given for social infrastructure and services recorded in Iceland?
The highest recorded value was 8.86 million constant 2024 US$ in 2017.
What is the lowest foreign aid given for social infrastructure and services recorded in Iceland?
The lowest recorded value was 303,598 constant 2024 US$ in 2024.
How does Iceland rank for foreign aid given for social infrastructure and services?
Iceland ranks 37th out of 41 countries with data for 2024.
Is foreign aid given for social infrastructure and services rising or falling in Iceland?
Over the last ten years it is down 93.4%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from OECD (2026) – with major processing by Our World in Data, published as part of Foreign aid given for social infrastructure and services. Statizoid updates them automatically from the source API.

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Foreign aid given for social infrastructure and services in Iceland. Statizoid, drawing on OECD (2026) – with major processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/foreign-aid-given-for-social-infrastructure-and-services/iceland/

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About this data

Indicator
Foreign aid given for social infrastructure and services
Unit
constant 2024 US$
Source
OECD (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
48 places, 1,417 data points, 1967–2024
Last refreshed

Official development assistance given that is other social infrastructure and services. Monetary aid is estimated using commitment or gross disbursement data. This data is expressed in US dollars. It is adjusted for inflation.