Official development assistance to least developed countries in Iceland

Iceland: Official development assistance to least developed countries was 40.38 million in 2024. ▲ Rising

Latest (2024)
40.38 million
Change on year
down 3.5%
World rank
31st
of 47 countries
All-time high
41.84 million
in 2023
All-time low
7.02 million
in 2000
Years of data
25
2000–2024

Official development assistance to least developed countries in Iceland, 2000–2024

10.0M20.0M30.0M40.0M2000201220242000: 7.0M2001: 10.8M2002: 8.2M2003: 8.5M2004: 9.0M2005: 14.0M2006: 24.8M2007: 22.4M2008: 27.7M2009: 24.4M2010: 22.1M2011: 17.5M2012: 18.5M2013: 24.0M2014: 20.8M2015: 23.6M2016: 22.6M2017: 21.9M2018: 35.8M2019: 29.2M2020: 28.4M2021: 30.9M2022: 41.1M2023: 41.8M2024: 40.4M

Source: Our World in Data.

Analysis

The most recent figure for official development assistance to least developed countries in Iceland is 40.38 million, measured in 2024.

That represents a change of down 3.5% on the previous year and up 94.3% over ten years.

Over the whole period, official development assistance to least developed countries in Iceland peaked at 41.84 million in 2023 and was at its lowest, 7.02 million, in 2000.

That places Iceland 31st out of 47 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Official development assistance to least developed countries in Iceland, year by year

Annual values for Official development assistance to least developed countries in Iceland, 2000 to 2024.
Year Value Change
2000 7.02 million —
2001 10.84 million +54.4%
2002 8.15 million -24.8%
2003 8.53 million +4.7%
2004 8.96 million +5.0%
2005 13.98 million +56.0%
2006 24.82 million +77.5%
2007 22.37 million -9.9%
2008 27.70 million +23.8%
2009 24.43 million -11.8%
2010 22.15 million -9.3%
2011 17.47 million -21.1%
2012 18.47 million +5.7%
2013 23.98 million +29.8%
2014 20.78 million -13.3%
2015 23.59 million +13.5%
2016 22.63 million -4.1%
2017 21.94 million -3.0%
2018 35.80 million +63.2%
2019 29.16 million -18.5%
2020 28.41 million -2.6%
2021 30.92 million +8.8%
2022 41.15 million +33.1%
2023 41.84 million +1.7%
2024 40.38 million -3.5%

Iceland compared with similar countries

  • Iceland's 40.38 million is below the median for high income countries, which is 149.03 million, 27% of the median. (43 countries reporting)
  • Iceland's 40.38 million is below the median for Europe & Central Asia, which is 81.23 million, 50% of the median. (35 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.68 million 7.02 million 27.70 million 10
2010s 23.60 million 17.47 million 35.80 million 10
2020s 36.54 million 28.41 million 41.84 million 5

Countries ranked near Iceland

  1. 28 Portugal 49.45 million compare
  2. 29 Romania 46.94 million compare
  3. 30 Hungary 44.83 million compare
  4. 32 Greece 31.20 million compare
  5. 33 Thailand 25.37 million compare
  6. 34 Bulgaria 17.82 million compare

See the full ranking of 47 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is official development assistance to least developed countries in Iceland?
Official development assistance to least developed countries in Iceland was 40.38 million in 2024, according to Our World in Data.
What is the highest official development assistance to least developed countries recorded in Iceland?
The highest recorded value was 41.84 million in 2023.
What is the lowest official development assistance to least developed countries recorded in Iceland?
The lowest recorded value was 7.02 million in 2000.
How does Iceland rank for official development assistance to least developed countries?
Iceland ranks 31st out of 47 countries with data for 2024.
Is official development assistance to least developed countries rising or falling in Iceland?
Over the last ten years it is up 94.3%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Our World in Data, published as part of Official development assistance to least developed countries. Statizoid updates them automatically from the source API.

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Official development assistance to least developed countries in Iceland. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/official-development-assistance-to-least-developed-countries/iceland/

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About this data

Indicator
Official development assistance to least developed countries
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
47 places, 1,077 data points, 2000–2024
Last refreshed