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

Iceland
29.46 millions
in 2022
Serbia
25.14 millions
in 2023
Iceland rank
49th
Serbia rank
52nd

Government expenditure on education not specified by level, PPP$ over time

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

How they compare

Iceland currently reports 29.46 millions against 25.14 millions in Serbia, a difference of 4.32 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 49th and Serbia ranks 52nd of 149 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 46.89 millions 50.25 millions 3.36 millions Serbia
2010s 64.31 millions 1,978 millions 1,914 millions Serbia
2020s 63.35 millions 3,791 millions 3,728 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, ppp$, Iceland or Serbia?
Iceland, at 29.46 millions against 25.14 millions in Serbia as of 2022.
What is the difference in government expenditure on education not specified by level, ppp$ between Iceland and Serbia?
4.32 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, ppp$?
Iceland ranks 49th and Serbia ranks 52nd of 149 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Government expenditure on education not specified by level, PPP$ (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, PPP$. 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-ppp-millions-2/iceland/serbia/

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About this data

Indicator
Government expenditure on education not specified by level, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
149 places, 2,398 data points, 1971–2025
Last refreshed

February 2026 Data Release