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
Foreign aid given bilaterally and multilaterally in Iceland, 1990–2025
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$, in 1990.
That places Iceland 35th out of 50 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign aid given bilaterally and multilaterally in Iceland, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1990 | 2.06 million constant 2024 US$ | — |
| 1991 | 7.71 million constant 2024 US$ | +273.7% |
| 1992 | 3.50 million constant 2024 US$ | -54.5% |
| 1993 | 5.23 million constant 2024 US$ | +49.3% |
| 1994 | 4.94 million constant 2024 US$ | -5.6% |
| 1997 | 6.55 million constant 2024 US$ | +32.5% |
| 1998 | 5.48 million constant 2024 US$ | -16.3% |
| 1999 | 6.69 million constant 2024 US$ | +22.1% |
| 2000 | 7.72 million constant 2024 US$ | +15.5% |
| 2001 | 10.98 million constant 2024 US$ | +42.1% |
| 2002 | 9.45 million constant 2024 US$ | -13.9% |
| 2003 | 22.89 million constant 2024 US$ | +142.4% |
| 2004 | 23.90 million constant 2024 US$ | +4.4% |
| 2005 | 25.57 million constant 2024 US$ | +7.0% |
| 2006 | 35.95 million constant 2024 US$ | +40.6% |
| 2007 | 42.68 million constant 2024 US$ | +18.7% |
| 2008 | 52.09 million constant 2024 US$ | +22.1% |
| 2009 | 44.58 million constant 2024 US$ | -14.4% |
| 2010 | 34.08 million constant 2024 US$ | -23.6% |
| 2011 | 30.19 million constant 2024 US$ | -11.4% |
| 2012 | 33.25 million constant 2024 US$ | +10.1% |
| 2013 | 43.93 million constant 2024 US$ | +32.1% |
| 2014 | 42.37 million constant 2024 US$ | -3.6% |
| 2015 | 45.00 million constant 2024 US$ | +6.2% |
| 2016 | 61.66 million constant 2024 US$ | +37.0% |
| 2017 | 60.95 million constant 2024 US$ | -1.2% |
| 2018 | 67.63 million constant 2024 US$ | +11.0% |
| 2019 | 61.39 million constant 2024 US$ | -9.2% |
| 2020 | 58.35 million constant 2024 US$ | -5.0% |
| 2021 | 64.33 million constant 2024 US$ | +10.2% |
| 2022 | 79.22 million constant 2024 US$ | +23.1% |
| 2023 | 92.08 million constant 2024 US$ | +16.2% |
| 2024 | 89.01 million constant 2024 US$ | -3.3% |
| 2025 | 79.68 million constant 2024 US$ | -10.5% |
Iceland compared with similar countries
- Iceland's 79.68 million constant 2024 US$ is below the median for high income countries, which is 665.53 million constant 2024 US$, 12% of the median. (45 countries reporting)
- Iceland's 79.68 million constant 2024 US$ is below the median for Europe & Central Asia, which is 361.18 million constant 2024 US$, 22% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Foreign aid given bilaterally and multilaterally in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +273.7% | 2.06 million constant 2024 US$ | 7.71 million constant 2024 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 32 Croatia 109.67 million constant 2024 US$ compare
- 33 Czechia 99.29 million constant 2024 US$ compare
- 34 Portugal 88.80 million constant 2024 US$ compare
- 36 Lithuania 75.99 million constant 2024 US$ compare
- 37 Slovenia 62.20 million constant 2024 US$ compare
- 38 Greece 49.48 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 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.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.