Net ODA provided, to the least developed countries in Iceland
Iceland: Net ODA provided, to the least developed countries 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$, in 1994.
Iceland ranks 24th of 32 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 830,000 current US$ | 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
- Net ODA provided, total 111.71 million current US$ (2024)
- Net ODA provided, total 106.77 million constant 2023 US$ (2024)
- Net ODA provided to the least developed countries 0.1% (2023)
- Net ODA provided, total 0.3% (2017)
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
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.