Foreign aid given in Iceland

Iceland: Foreign aid given was 114.19 million constant 2024 US$ in 2025. ▲ Rising

Latest (2025)
114.19 million constant 2024 US$
Change on year
up 3.6%
World rank
40th
of 49 countries
All-time high
117.37 million constant 2024 US$
in 2023
All-time low
73.24 million constant 2024 US$
in 2020
Years of data
8
2018–2025

Foreign aid given in Iceland, 2018–2025

025.0M50.0M75.0M100.0M125.0M2018202120252018: 82.1M constant 2024 US$2019: 73.4M constant 2024 US$2020: 73.2M constant 2024 US$2021: 79.2M constant 2024 US$2022: 103.3M constant 2024 US$2023: 117.4M constant 2024 US$2024: 110.2M constant 2024 US$2025: 114.2M constant 2024 US$

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

Analysis

In 2025, foreign aid given in Iceland stood at 114.19 million constant 2024 US$.

Compared with earlier readings it is up 3.6% on the previous year and up 39.0% over ten years.

That places Iceland 40th out of 49 countries with data for 2025, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 77.78 million constant 2024 US$ 73.43 million constant 2024 US$ 82.12 million constant 2024 US$ 2
2020s 99.57 million constant 2024 US$ 73.24 million constant 2024 US$ 117.37 million constant 2024 US$ 6

Countries ranked near Iceland

  1. 37 Lithuania 177.79 million constant 2024 US$ compare
  2. 38 Slovenia 157.97 million constant 2024 US$ compare
  3. 39 Bulgaria 125.12 million constant 2024 US$ compare
  4. 41 Estonia 82.02 million constant 2024 US$ compare
  5. 42 Latvia 80.27 million constant 2024 US$ compare
  6. 43 Thailand 60.36 million constant 2024 US$ compare

See the full ranking of 49 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is foreign aid given in Iceland?
Foreign aid given in Iceland was 114.19 million constant 2024 US$ in 2025, according to OECD (2026) – with minor processing by Our World in Data.
What is the highest foreign aid given recorded in Iceland?
The highest recorded value was 117.37 million constant 2024 US$ in 2023.
What is the lowest foreign aid given recorded in Iceland?
The lowest recorded value was 73.24 million constant 2024 US$ in 2020.
How does Iceland rank for foreign aid given?
Iceland ranks 40th out of 49 countries with data for 2025.
Is foreign aid given rising or falling in Iceland?
Over the last ten years it is up 39.0%. 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 given. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (Our World in Data).

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

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.