Iceland vs Serbia: Government expenditure on education not specified by level, constant

Iceland
29.98 millions
in 2022
Serbia
25.14 millions
in 2023
Iceland rank
50th
Serbia rank
52nd

Government expenditure on education not specified by level, constant over time

  • Iceland
  • Serbia
01.0k2.0k3.0k4.0k199420082023

How they compare

Iceland currently reports 29.98 millions against 25.14 millions in Serbia, a difference of 4.84 millions.

That makes Iceland's figure about 1.2 times Serbia's.

Across all 9 years both countries report, Serbia has been ahead every year.

Iceland ranks 50th and Serbia ranks 52nd of 147 countries.

Serbia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Serbia Difference Ahead
2000s 75.01 millions 78.43 millions 3.41 millions Serbia
2010s 85.61 millions 2,412 millions 2,327 millions Serbia
2020s 70.48 millions 4,100 millions 4,029 millions Serbia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government expenditure on education not specified by level, constant, Iceland or Serbia?
Iceland, at 29.98 millions against 25.14 millions in Serbia as of 2022.
What is the difference in government expenditure on education not specified by level, constant between Iceland and Serbia?
4.84 millions, with Iceland ahead.
How many years of comparable data are there for Iceland and Serbia?
9 years are reported by both, from 2007 to 2022.
How do Iceland and Serbia rank globally for government expenditure on education not specified by level, constant?
Iceland ranks 50th and Serbia ranks 52nd of 147 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Government expenditure on education not specified by level, constant PPP$ (millions). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Serbia: Government expenditure on education not specified by level, constant. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 05 September 2026, from https://education.statizoid.com/compare/government-expenditure-on-education-not-specified-by-level-constant-ppp-millions-2/iceland/serbia/

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About this data

Indicator
Government expenditure on education not specified by level, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
147 places, 2,384 data points, 1971–2025
Last refreshed

February 2026 Data Release