Foreign aid spent domestically within donor countries in Iceland

Iceland: Foreign aid spent domestically within donor countries was 420,000 constant 2024 US$ in 2024. ▲ Rising

Latest (2024)
420,000 constant 2024 US$
Change on year
up 16.6%
World rank
21st
of 33 countries
All-time high
785,679 constant 2024 US$
in 2018
All-time low
220,203 constant 2024 US$
in 2011
Years of data
14
2011–2024

Foreign aid spent domestically within donor countries in Iceland, 2011–2024

200.0k400.0k600.0k800.0k2011201720242011: 220.2k constant 2024 US$2012: 266.6k constant 2024 US$2013: 328.6k constant 2024 US$2014: 383.4k constant 2024 US$2015: 391.5k constant 2024 US$2016: 388.0k constant 2024 US$2017: 258.9k constant 2024 US$2018: 785.7k constant 2024 US$2019: 585.8k constant 2024 US$2020: 468.0k constant 2024 US$2021: 502.9k constant 2024 US$2022: 514.2k constant 2024 US$2023: 360.3k constant 2024 US$2024: 420.0k constant 2024 US$

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

Analysis

In 2024, foreign aid spent domestically within donor countries in Iceland stood at 420,000 constant 2024 US$.

Compared with earlier readings it is up 16.6% on the previous year and up 9.5% over ten years.

Over the whole period, foreign aid spent domestically within donor countries in Iceland peaked at 785,679 constant 2024 US$ in 2018 and was at its lowest, 220,203 constant 2024 US$, in 2011.

Iceland ranks 21st of 33 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Foreign aid spent domestically within donor countries in Iceland, year by year

Annual values for Foreign aid spent domestically within donor countries in Iceland, 2011 to 2024.
Year constant 2024 US$ Change
2011 220,203 constant 2024 US$ —
2012 266,602 constant 2024 US$ +21.1%
2013 328,648 constant 2024 US$ +23.3%
2014 383,411 constant 2024 US$ +16.7%
2015 391,473 constant 2024 US$ +2.1%
2016 387,952 constant 2024 US$ -0.9%
2017 258,913 constant 2024 US$ -33.3%
2018 785,679 constant 2024 US$ +203.5%
2019 585,846 constant 2024 US$ -25.4%
2020 468,031 constant 2024 US$ -20.1%
2021 502,855 constant 2024 US$ +7.4%
2022 514,222 constant 2024 US$ +2.3%
2023 360,299 constant 2024 US$ -29.9%
2024 420,000 constant 2024 US$ +16.6%

Iceland compared with similar countries

  • Iceland's 420,000 constant 2024 US$ is below the median for high income countries, which is 1.46 million constant 2024 US$, 29% of the median. (32 countries reporting)
  • Iceland's 420,000 constant 2024 US$ is below the median for Europe & Central Asia, which is 1.53 million constant 2024 US$, 27% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Foreign aid spent domestically within donor countries 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
2018 +203.5% 258,913 constant 2024 US$ 785,679 constant 2024 US$

Averages by decade

DecadeAverage LowestHighest Years
2010s 400,970 constant 2024 US$ 220,203 constant 2024 US$ 785,679 constant 2024 US$ 9
2020s 453,081 constant 2024 US$ 360,299 constant 2024 US$ 514,222 constant 2024 US$ 5

Countries ranked near Iceland

  1. 18 Japan 980,000 constant 2024 US$ compare
  2. 19 Poland 890,000 constant 2024 US$ compare
  3. 20 Czechia 490,000 constant 2024 US$ compare
  4. 22 Estonia 250,000 constant 2024 US$ compare
  5. 23 Slovakia 200,000 constant 2024 US$ compare
  6. 23 Slovenia 200,000 constant 2024 US$ compare

See the full ranking of 33 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is foreign aid spent domestically within donor countries in Iceland?
Foreign aid spent domestically within donor countries in Iceland was 420,000 constant 2024 US$ in 2024, according to OECD (2026) – with minor processing by Our World in Data.
What is the highest foreign aid spent domestically within donor countries recorded in Iceland?
The highest recorded value was 785,679 constant 2024 US$ in 2018.
What is the lowest foreign aid spent domestically within donor countries recorded in Iceland?
The lowest recorded value was 220,203 constant 2024 US$ in 2011.
How does Iceland rank for foreign aid spent domestically within donor countries?
Iceland ranks 21st out of 33 countries with data for 2024.
Is foreign aid spent domestically within donor countries rising or falling in Iceland?
Over the last ten years it is up 9.5%. 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 spent domestically within donor countries. Statizoid updates them automatically from the source API.

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Foreign aid spent domestically within donor countries in Iceland. Statizoid, drawing on OECD (2026) – with minor processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/foreign-aid-given-to-donor-countries/iceland/

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About this data

Indicator
Foreign aid spent domestically within donor countries
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
33 places, 866 data points, 1987–2024
Last refreshed

Official development assistance component that represents development awareness. Monetary aid is estimated as net disbursements. This data is expressed in US dollars. It is adjusted for inflation.