Net ODA provided, total in Iceland

Iceland: Net ODA provided, total was 111.71 million current US$ in 2024. ◆ Volatile

Latest (2024)
111.71 million current US$
Change on year
up 0.9%
World rank
30th
of 32 countries
All-time high
111.71 million current US$
in 2024
All-time low
1.88 million current US$
in 1990
Years of data
33
1990–2024

Net ODA provided, total in Iceland, 1990–2024

025.0M50.0M75.0M100.0M1990200720241990: 1.9M current US$1991: 8.0M current US$1992: 4.9M current US$1993: 6.7M current US$1994: 6.0M current US$1997: 7.8M current US$1998: 7.2M current US$1999: 7.6M current US$2000: 8.6M current US$2001: 9.7M current US$2002: 12.7M current US$2003: 17.7M current US$2004: 21.3M current US$2005: 27.3M current US$2006: 41.5M current US$2007: 48.2M current US$2008: 48.4M current US$2009: 34.4M current US$2010: 28.8M current US$2011: 25.6M current US$2012: 26.1M current US$2013: 34.9M current US$2014: 37.3M current US$2015: 39.9M current US$2016: 58.7M current US$2017: 68.3M current US$2018: 74.2M current US$2019: 61.4M current US$2020: 57.9M current US$2021: 70.8M current US$2022: 94.4M current US$2023: 110.8M current US$2024: 111.7M current US$

Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.

Analysis

In 2024, net oda provided, total in Iceland stood at 111.71 million current US$. That is the highest value across all 33 years on record.

Compared with earlier readings it is up 0.9% on the previous year and up 199.2% over ten years.

Over the whole period, net oda provided, total in Iceland peaked at 111.71 million current US$ in 2024 and was at its lowest, 1.88 million current US$, in 1990.

That places Iceland 30th out of 32 countries with data for 2024, putting it in the bottom quarter.

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

Net ODA provided, total in Iceland, year by year

Annual values for Net ODA provided, total (current US$) in Iceland, 1990 to 2024.
Year current US$ Change
1990 1.88 million current US$
1991 8.00 million current US$ +325.5%
1992 4.92 million current US$ -38.5%
1993 6.70 million current US$ +36.2%
1994 6.00 million current US$ -10.4%
1997 7.82 million current US$ +30.3%
1998 7.15 million current US$ -8.6%
1999 7.57 million current US$ +5.9%
2000 8.61 million current US$ +13.7%
2001 9.73 million current US$ +13.0%
2002 12.65 million current US$ +30.0%
2003 17.66 million current US$ +39.6%
2004 21.26 million current US$ +20.4%
2005 27.26 million current US$ +28.2%
2006 41.50 million current US$ +52.2%
2007 48.25 million current US$ +16.3%
2008 48.41 million current US$ +0.3%
2009 34.42 million current US$ -28.9%
2010 28.75 million current US$ -16.5%
2011 25.57 million current US$ -11.1%
2012 26.12 million current US$ +2.2%
2013 34.91 million current US$ +33.7%
2014 37.33 million current US$ +6.9%
2015 39.86 million current US$ +6.8%
2016 58.72 million current US$ +47.3%
2017 68.27 million current US$ +16.3%
2018 74.21 million current US$ +8.7%
2019 61.42 million current US$ -17.2%
2020 57.90 million current US$ -5.7%
2021 70.84 million current US$ +22.3%
2022 94.38 million current US$ +33.2%
2023 110.76 million current US$ +17.4%
2024 111.71 million current US$ +0.9%

Iceland compared with similar countries

  • Iceland's 111.71 million current US$ is below the median for high income countries, which is 2.75 billion current US$, 4% of the median. (32 countries reporting)
  • Iceland's 111.71 million current US$ is below the median for Europe & Central Asia, which is 1.89 billion current US$, 6% of the median. (26 countries reporting)

Biggest year-on-year movements

Years where Net ODA provided, total 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
1991 +325.5% 1.88 million current US$ 8.00 million current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.25 million current US$ 1.88 million current US$ 8.00 million current US$ 8
2000s 26.98 million current US$ 8.61 million current US$ 48.41 million current US$ 10
2010s 45.52 million current US$ 25.57 million current US$ 74.21 million current US$ 10
2020s 89.12 million current US$ 57.90 million current US$ 111.71 million current US$ 5

Countries ranked near Iceland

  1. 27 Lithuania 193.42 million current US$ compare
  2. 28 Slovakia 191.39 million current US$ compare
  3. 29 Slovenia 164.36 million current US$ compare
  4. 31 Latvia 111.62 million current US$ compare
  5. 32 Estonia 83.44 million current US$ compare

See the full ranking of 32 places →

More development goals data for Iceland

All data for Iceland →

Frequently asked questions

What is net oda provided, total in Iceland?
Net oda provided, total in Iceland was 111.71 million current US$ in 2024, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
What is the highest net oda provided, total recorded in Iceland?
The highest recorded value was 111.71 million current US$ in 2024.
What is the lowest net oda provided, total recorded in Iceland?
The lowest recorded value was 1.88 million current US$ in 1990.
How does Iceland rank for net oda provided, total?
Iceland ranks 30th out of 32 countries with data for 2024.
Is net oda provided, total rising or falling in Iceland?
Over the last ten years it is up 199.2%. 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, total (current US$). Statizoid updates them automatically from the source API.

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Net ODA provided, total in Iceland. Statizoid, drawing on Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Retrieved 22 September 2026, from https://development-goals.statizoid.com/stat/net-oda-provided-total-current-us/iceland/

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About this data

Indicator
Net ODA provided, total (current US$)
Unit
current US$
Source
Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
32 places, 1,622 data points, 1960–2024
Last refreshed

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.