Foreign aid given bilaterally and multilaterally in Iceland

Iceland: Foreign aid given bilaterally and multilaterally was 79.68 million constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
79.68 million constant 2024 US$
Change on year
down 10.5%
World rank
35th
of 50 countries
All-time high
92.08 million constant 2024 US$
in 2023
All-time low
2.06 million constant 2024 US$
in 1990
Years of data
34
1990–2025

Foreign aid given bilaterally and multilaterally in Iceland, 1990–2025

020.0M40.0M60.0M80.0M100.0M1990200720251990: 2.1M constant 2024 US$1991: 7.7M constant 2024 US$1992: 3.5M constant 2024 US$1993: 5.2M constant 2024 US$1994: 4.9M constant 2024 US$1997: 6.5M constant 2024 US$1998: 5.5M constant 2024 US$1999: 6.7M constant 2024 US$2000: 7.7M constant 2024 US$2001: 11.0M constant 2024 US$2002: 9.4M constant 2024 US$2003: 22.9M constant 2024 US$2004: 23.9M constant 2024 US$2005: 25.6M constant 2024 US$2006: 35.9M constant 2024 US$2007: 42.7M constant 2024 US$2008: 52.1M constant 2024 US$2009: 44.6M constant 2024 US$2010: 34.1M constant 2024 US$2011: 30.2M constant 2024 US$2012: 33.2M constant 2024 US$2013: 43.9M constant 2024 US$2014: 42.4M constant 2024 US$2015: 45.0M constant 2024 US$2016: 61.7M constant 2024 US$2017: 60.9M constant 2024 US$2018: 67.6M constant 2024 US$2019: 61.4M constant 2024 US$2020: 58.4M constant 2024 US$2021: 64.3M constant 2024 US$2022: 79.2M constant 2024 US$2023: 92.1M constant 2024 US$2024: 89.0M constant 2024 US$2025: 79.7M constant 2024 US$

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

Analysis

In 2025, foreign aid given bilaterally and multilaterally in Iceland stood at 79.68 million constant 2024 US$.

Compared with earlier readings it is down 10.5% on the previous year and up 77.0% over ten years.

Over the whole period, foreign aid given bilaterally and multilaterally in Iceland peaked at 92.08 million constant 2024 US$ in 2023 and was at its lowest, 2.06 million constant 2024 US$, in 1990.

That places Iceland 35th out of 50 countries with data for 2025, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.27 million constant 2024 US$ 2.06 million constant 2024 US$ 7.71 million constant 2024 US$ 8
2000s 27.58 million constant 2024 US$ 7.72 million constant 2024 US$ 52.09 million constant 2024 US$ 10
2010s 48.05 million constant 2024 US$ 30.19 million constant 2024 US$ 67.63 million constant 2024 US$ 10
2020s 77.11 million constant 2024 US$ 58.35 million constant 2024 US$ 92.08 million constant 2024 US$ 6

Countries ranked near Iceland

  1. 32 Croatia 109.67 million constant 2024 US$ compare
  2. 33 Czechia 99.29 million constant 2024 US$ compare
  3. 34 Portugal 88.80 million constant 2024 US$ compare
  4. 36 Lithuania 75.99 million constant 2024 US$ compare
  5. 37 Slovenia 62.20 million constant 2024 US$ compare
  6. 38 Greece 49.48 million constant 2024 US$ compare

See the full ranking of 50 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is foreign aid given bilaterally and multilaterally in Iceland?
Foreign aid given bilaterally and multilaterally in Iceland was 79.68 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 bilaterally and multilaterally recorded in Iceland?
The highest recorded value was 92.08 million constant 2024 US$ in 2023.
What is the lowest foreign aid given bilaterally and multilaterally recorded in Iceland?
The lowest recorded value was 2.06 million constant 2024 US$ in 1990.
How does Iceland rank for foreign aid given bilaterally and multilaterally?
Iceland ranks 35th out of 50 countries with data for 2025.
Is foreign aid given bilaterally and multilaterally rising or falling in Iceland?
Over the last ten years it is up 77.0%. The long-run trend across the full record is volatile.
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 bilaterally and multilaterally. Statizoid updates them automatically from the source API.

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About this data

Indicator
Foreign aid given bilaterally and multilaterally
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
50 places, 2,102 data points, 1960–2025
Last refreshed

Bilateral ODA represents flows from official (government) sources directly to the recipient country. Monetary aid is estimated as net disbursements. This data is expressed in US dollars. It is adjusted for inflation.