Iceland vs Latin America & the Caribbean (IDA & IBRD countries): Government expenditure on education, total
Government expenditure on education, total over time
- Iceland
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Iceland currently reports 7.3% against 3.8% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 3.5%.
That makes Iceland's figure about 1.9 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 25 years both countries report, Iceland has been ahead every year.
Iceland ranks 14th and Latin America & the Caribbean (IDA & IBRD countries) ranks 16th of 196 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.0% | 3.3% | 2.7% | Iceland |
| 2000s | 7.0% | 4.0% | 3.1% | Iceland |
| 2010s | 7.4% | 4.5% | 2.9% | Iceland |
| 2020s | 8.0% | 4.2% | 3.9% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government expenditure on education, total, Iceland or Latin America & the Caribbean (IDA & IBRD countries)?
- Iceland, at 7.3% against 3.8% in Latin America & the Caribbean (IDA & IBRD countries) as of 2022.
- What is the difference in government expenditure on education, total between Iceland and Latin America & the Caribbean (IDA & IBRD countries)?
- 3.5%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latin America & the Caribbean (IDA & IBRD countries)?
- 25 years are reported by both, from 1995 to 2022.
- How do Iceland and Latin America & the Caribbean (IDA & IBRD countries) rank globally for government expenditure on education, total?
- Iceland ranks 14th and Latin America & the Caribbean (IDA & IBRD countries) ranks 16th of 196 countries.
- 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.
Individual pages
About this data
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.