Net ODA provided, to the least developed countries (current US$) in Iceland
Iceland: Net ODA provided, to the least developed countries (current US$) was 31.04 million current US$ in 2023. ◆ Volatile
Net ODA provided, to the least developed countries in Iceland, 1992–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
In 2023, net oda provided, to the least developed countries in Iceland stood at 31.04 million current US$. That is the highest value across all 29 years on record.
The figure is up 7.6% on the previous year and up 117.2% over ten years.
Over the whole period, net oda provided, to the least developed countries in Iceland peaked at 31.04 million current US$ in 2023 and was at its lowest, 340,000 current US$, in 1994.
Iceland ranks 24th of 32 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net ODA provided, to the least developed countries (current US$) in Iceland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 750,000 current US$ | — |
| 1994 | 340,000 current US$ | -54.7% |
| 1997 | 900,000 current US$ | +164.7% |
| 1998 | 830,000 current US$ | -7.8% |
| 1999 | 1.33 million current US$ | +60.2% |
| 2000 | 2.18 million current US$ | +63.9% |
| 2001 | 3.46 million current US$ | +58.7% |
| 2002 | 3.12 million current US$ | -9.8% |
| 2003 | 3.94 million current US$ | +26.3% |
| 2004 | 4.74 million current US$ | +20.3% |
| 2005 | 8.45 million current US$ | +78.3% |
| 2006 | 13.09 million current US$ | +54.9% |
| 2007 | 15.05 million current US$ | +15.0% |
| 2008 | 15.91 million current US$ | +5.7% |
| 2009 | 12.07 million current US$ | -24.1% |
| 2010 | 11.12 million current US$ | -7.9% |
| 2011 | 9.89 million current US$ | -11.1% |
| 2012 | 10.15 million current US$ | +2.6% |
| 2013 | 14.29 million current US$ | +40.8% |
| 2014 | 13.03 million current US$ | -8.8% |
| 2015 | 12.91 million current US$ | -0.9% |
| 2016 | 13.67 million current US$ | +5.9% |
| 2017 | 13.74 million current US$ | +0.5% |
| 2018 | 26.01 million current US$ | +89.3% |
| 2019 | 20.51 million current US$ | -21.1% |
| 2020 | 18.69 million current US$ | -8.9% |
| 2021 | 23.34 million current US$ | +24.9% |
| 2022 | 28.86 million current US$ | +23.7% |
| 2023 | 31.04 million current US$ | +7.6% |
Iceland compared with similar countries
- Iceland's 31.04 million current US$ is below the median for high income countries, which is 231.02 million current US$, 13% of the median. (32 countries reporting)
- Iceland's 31.04 million current US$ is below the median for Europe & Central Asia, which is 159.73 million current US$, 19% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Net ODA provided, to the least developed countries (current US$) 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 |
|---|---|---|---|
| 1997 | +164.7% | 340,000 current US$ | 900,000 current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 830,000 current US$ | 340,000 current US$ | 1.33 million current US$ | 5 |
| 2000s | 8.20 million current US$ | 2.18 million current US$ | 15.91 million current US$ | 10 |
| 2010s | 14.53 million current US$ | 9.89 million current US$ | 26.01 million current US$ | 10 |
| 2020s | 25.48 million current US$ | 18.69 million current US$ | 31.04 million current US$ | 4 |
Countries ranked near Iceland
More development goals data for Iceland
- Red List Index 0.8515 index (2025)
- Number of refugees per 100,000 population, by country of origin 4.27 per 100,000 people (2025)
- Manufacturing value added per capita 5,542 constant US$ (2025)
- Number of transboundary breeds 6 (2025)
- Number of transboundary breeds (not extinct) 6 (2025)
- Number of transboundary breeds with unknown risk status 1 (2025)
- Number of local breeds with unknown risk status 4 (2025)
- Number of local breeds (not extinct) 10 (2025)
- Number of local breeds kept in the country 10 (2025)
- Infant deaths 9 (2024)
Frequently asked questions
- What is net oda provided, to the least developed countries in Iceland?
- Net oda provided, to the least developed countries in Iceland was 31.04 million current US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net oda provided, to the least developed countries recorded in Iceland?
- The highest recorded value was 31.04 million current US$ in 2023.
- What is the lowest net oda provided, to the least developed countries recorded in Iceland?
- The lowest recorded value was 340,000 current US$ in 1994.
- How does Iceland rank for net oda provided, to the least developed countries?
- Iceland ranks 24th out of 32 countries with data for 2023.
- Is net oda provided, to the least developed countries rising or falling in Iceland?
- Over the last ten years it is up 117.2%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net ODA provided, to the least developed countries (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Net Official development assistance (ODA) comprises grants or loans to developing countries and territories on the OECD/DAC list of aid recipients that are undertaken by the official sector with promotion of economic development and welfare as the main objective and at concessional financial terms. The list of least developed countries (LDCs) has been agreed by the General Assembly, on the recommendation of the Committee for Development Policy, Economic and Social Council.