Iceland vs Sweden: Government spending on education as a share of GDP

Iceland
7.3%
in 2022
Sweden
7.3%
in 2022
Iceland rank
14th
Sweden rank
13th

Government spending on education as a share of GDP over time

  • Iceland
  • Sweden
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How they compare

Sweden currently reports 7.3% against 7.3% in Iceland, a difference of 0.0%.

The two have swapped places 6 times across 29 shared years of data; in 1990 it was Sweden ahead.

Iceland ranks 14th and Sweden ranks 13th of 199 countries.

Across the 4 decades both report, Iceland averaged higher in 3 and Sweden in 1.

Head to head by decade

Decade Iceland Sweden Difference Ahead
1990s 5.4% 6.3% 0.8% Sweden
2000s 7.1% 6.6% 0.5% Iceland
2010s 7.4% 7.4% 0.0% Iceland
2020s 8.0% 7.6% 0.4% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending on education as a share of gdp, Iceland or Sweden?
Sweden, at 7.3% against 7.3% in Iceland as of 2022.
What is the difference in government spending on education as a share of gdp between Iceland and Sweden?
0.0%, with Sweden ahead.
How many years of comparable data are there for Iceland and Sweden?
29 years are reported by both, from 1990 to 2022.
How do Iceland and Sweden rank globally for government spending on education as a share of gdp?
Iceland ranks 14th and Sweden ranks 13th of 199 countries.
Where does this data come from?
UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data, published as Government spending on education as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Government spending on education as a share of GDP
Unit
% of GDP
Source
UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 5,187 data points, 1870–2025
Last refreshed

Total annual general government spending on all levels of education, expressed as a percentage of GDP.