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 2015

Country pages_0012_ICELAND

See full profile in the Development Co-operation Report 2015.

In 2014, Iceland delivered USD 35 million in net ODA (preliminary data), which represented 0.21% of its gross national income (GNI) and a 3.8% decrease in real terms from 2013. Iceland is committed to achieving 0.7% ODA/GNI, and this commitment has been accompanied by an increase in ODA both in terms of volume and as a share of GNI between 2011 and 2013. Iceland is the 17th largest Development Assistance Committee (DAC) donor in terms of ODA as a percentage of GNI, and the 28th (last) donor in terms of volume. The grant element of total ODA was 100% in 2013. At present, data on other official flows, private grants (funds raised by non-governmental organisations and foundations) and private flows at market terms from Iceland to developing countries are not available.

Peer review findings: 2013

Latest evaluation reports

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.

‌Access Iceland's latest evaluation reports on the DAC Evaluation Resource Centre (DEReC).

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