Europe & Central Asia (IDA & IBRD countries) vs Iceland: Government expenditure on education, total

Europe & Central Asia (IDA & IBRD countries)
3.9%
in 2023
Iceland
7.3%
in 2022
Europe & Central Asia (IDA & IBRD countries) rank
14th
Iceland rank
14th

Government expenditure on education, total over time

  • Europe & Central Asia (IDA & IBRD countries)
  • Iceland
02468199020062023

How they compare

Iceland currently reports 7.3% against 3.9% in Europe & Central Asia (IDA & IBRD countries), a difference of 3.4%.

That makes Iceland's figure about 1.9 times Europe & Central Asia (IDA & IBRD countries)'s.

Across all 25 years both countries report, Iceland has been ahead every year.

Europe & Central Asia (IDA & IBRD countries) ranks 14th and Iceland ranks 14th of 46 groups.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Europe & Central Asia (IDA & IBRD countries) Iceland Difference Ahead
1990s 3.7% 5.8% 2.1% Iceland
2000s 3.7% 7.1% 3.3% Iceland
2010s 4.0% 7.4% 3.4% Iceland
2020s 4.1% 8.0% 3.9% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government expenditure on education, total, Europe & Central Asia (IDA & IBRD countries) or Iceland?
Iceland, at 7.3% against 3.9% in Europe & Central Asia (IDA & IBRD countries) as of 2022.
What is the difference in government expenditure on education, total between Europe & Central Asia (IDA & IBRD countries) and Iceland?
3.4%, with Iceland ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Iceland?
25 years are reported by both, from 1996 to 2022.
How do Europe & Central Asia (IDA & IBRD countries) and Iceland rank globally for government expenditure on education, total?
Europe & Central Asia (IDA & IBRD countries) ranks 14th and Iceland ranks 14th of 46 groups.
Where does this data come from?
Data API, UN Educational, Scientific and Cultural Organization (UNESCO), published as Government expenditure on education, total (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (IDA & IBRD countries) vs Iceland: Government expenditure on education, total. Statizoid, drawing on Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Retrieved 17 September 2026, from https://education.statizoid.com/compare/government-expenditure-on-education-total-percent-of-gdp/europe-and-central-asia-ida-and-ibrd-countries/iceland/

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About this data

Indicator
Government expenditure on education, total (% of GDP)
Unit
% of GDP
Source
Data API, UN Educational, Scientific and Cultural Organization (UNESCO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
242 places, 6,340 data points, 1970–2025
Last refreshed

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.