Development Co-operation Directorate (DCD-DAC)

DAC member profile: Iceland


Member of the OECD Development Assistance Committee (DAC) since 2013.

Statistics from the Development Co-operation Report 2014

DCR 2014 Iceland

See full profile in the Development Co-operation Report 2014.

In 2013, Iceland delivered USD 35 million ODA (preliminary data), which represented 0.26% of gross national income (GNI) and a 27.4% increase in real terms from 2012. Iceland’s ODA has been increasing since 2011, both in volume and as a share of GNI to ODA. It is committed to achieve 0.7% ODA/GNI. All of its ODA (excluding administrative costs and in-donor refugee costs) was untied in 2012, compared with the DAC average of 81%. The grant element of total ODA was 100% in 2012.

Peer review findings

Latest evaluation report

The DAC conducted a special review of Iceland from November 2012 to January 2013 and concluded that Iceland has established a legal foundation for its development co-operation, a comprehensive strategy and a clear commitment to increase its development co-operation budget despite a challenging economic context.

‌The Mid Term Review of the Programme of Assistance to the Fisheries Sector of Mozambique co-financed by Norway and Iceland took place in Mozambique from 27 February to 9 March 2012. The review team benefited from the guidance of His Excellency Victor Borges, Minister of Fisheries and met with all the institutions directly benefiting from the Programme.

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