Foreign aid given in Iceland

Iceland: Foreign aid given was 114.19 million constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
114.19 million constant 2024 US$
Change on year
up 3.6%
World rank
40th
of 50 countries
All-time high
117.37 million constant 2024 US$
in 2023
All-time low
3.88 million constant 2024 US$
in 1990
Years of data
34
1990–2025

Foreign aid given in Iceland, 1990–2025

025.0M50.0M75.0M100.0M125.0M1990200720251990: 3.9M constant 2024 US$1991: 15.4M constant 2024 US$1992: 8.9M constant 2024 US$1993: 14.0M constant 2024 US$1994: 12.7M constant 2024 US$1997: 15.4M constant 2024 US$1998: 13.5M constant 2024 US$1999: 14.1M constant 2024 US$2000: 16.7M constant 2024 US$2001: 21.6M constant 2024 US$2002: 24.8M constant 2024 US$2003: 28.9M constant 2024 US$2004: 31.0M constant 2024 US$2005: 34.6M constant 2024 US$2006: 53.9M constant 2024 US$2007: 55.1M constant 2024 US$2008: 69.9M constant 2024 US$2009: 60.7M constant 2024 US$2010: 47.2M constant 2024 US$2011: 38.5M constant 2024 US$2012: 41.0M constant 2024 US$2013: 52.2M constant 2024 US$2014: 51.1M constant 2024 US$2015: 57.8M constant 2024 US$2016: 75.9M constant 2024 US$2017: 76.9M constant 2024 US$2018: 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 major processing by Our World in Data. Measured in constant 2024 US$.

Analysis

Iceland recorded 114.19 million constant 2024 US$ for foreign aid given in 2025.

That represents a change of up 3.6% on the previous year and up 97.6% over ten years.

Over the whole period, foreign aid given in Iceland peaked at 117.37 million constant 2024 US$ in 2023 and was at its lowest, 3.88 million constant 2024 US$, in 1990.

That places Iceland 40th out of 50 countries with data for 2025, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.24 million constant 2024 US$ 3.88 million constant 2024 US$ 15.42 million constant 2024 US$ 8
2000s 39.73 million constant 2024 US$ 16.75 million constant 2024 US$ 69.91 million constant 2024 US$ 10
2010s 59.60 million constant 2024 US$ 38.50 million constant 2024 US$ 82.12 million constant 2024 US$ 10
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 65.76 million constant 2024 US$ compare

See the full ranking of 62 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 major 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 3.88 million constant 2024 US$ in 1990.
How does Iceland rank for foreign aid given?
Iceland ranks 40th out of 50 countries with data for 2025.
Is foreign aid given rising or falling in Iceland?
Over the last ten years it is up 97.6%. 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. Statizoid updates them automatically from the source API.

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About this data

Indicator
Foreign aid given
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
62 places, 2,575 data points, 1960–2025
Last refreshed

Official development assistance (ODA) is defined as government aid designed to promote the economic development and welfare of developing countries. Grants by private voluntary agencies and non-government organizations (NGOs) are defined as transfers for development made by private voluntary agencies and NGOs in cash, goods or services for which no payment is required. Monetary aid is estimated as net disbursements. This data is expressed in US dollars. It is adjusted for inflation.