Net and grant-equivalent foreign aid given in Iceland
Iceland: Net and grant-equivalent 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
39th
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
Net and grant-equivalent foreign aid given in Iceland, 2018–2025
Source: OECD (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.
Analysis
Iceland recorded 114.19 million constant 2024 US$ for net and grant-equivalent foreign aid given in 2025.
Compared with earlier readings it is up 3.6% on the previous year and up 39.0% over ten years.
That places Iceland 39th out of 49 countries with data for 2025, putting it in the bottom quarter.
Net and grant-equivalent foreign aid given in Iceland, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 2018 | 82.12 million constant 2024 US$ | — |
| 2019 | 73.43 million constant 2024 US$ | -10.6% |
| 2020 | 73.24 million constant 2024 US$ | -0.3% |
| 2021 | 79.16 million constant 2024 US$ | +8.1% |
| 2022 | 103.26 million constant 2024 US$ | +30.4% |
| 2023 | 117.37 million constant 2024 US$ | +13.7% |
| 2024 | 110.19 million constant 2024 US$ | -6.1% |
| 2025 | 114.19 million constant 2024 US$ | +3.6% |
Iceland compared with similar countries
- Iceland's 114.19 million constant 2024 US$ is below the median for high income countries, which is 1.07 billion constant 2024 US$, 11% of the median. (44 countries reporting)
- Iceland's 114.19 million constant 2024 US$ is below the median for Europe & Central Asia, which is 514.18 million constant 2024 US$, 22% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 77.78 million constant 2024 US$ | 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
- 36 Lithuania 177.79 million constant 2024 US$ compare
- 37 Slovenia 157.97 million constant 2024 US$ compare
- 38 Bulgaria 125.12 million constant 2024 US$ compare
- 40 Estonia 82.02 million constant 2024 US$ compare
- 41 Latvia 80.27 million constant 2024 US$ compare
- 42 Thailand 65.76 million constant 2024 US$ compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is net and grant-equivalent foreign aid given in Iceland?
- Net and grant-equivalent foreign aid given in Iceland was 114.19 million constant 2024 US$ in 2025, according to OECD (2026) – with major processing by Our World in Data.
- What is the highest net and grant-equivalent foreign aid given recorded in Iceland?
- The highest recorded value was 117.37 million constant 2024 US$ in 2023.
- What is the lowest net and grant-equivalent foreign aid given recorded in Iceland?
- The lowest recorded value was 73.24 million constant 2024 US$ in 2020.
- How does Iceland rank for net and grant-equivalent foreign aid given?
- Iceland ranks 39th out of 49 countries with data for 2025.
- Is net and grant-equivalent 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 major processing by Our World in Data, published as part of Net and grant-equivalent 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
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.