Iceland vs Venezuela, Bolivarian Republic of: Government expenditure on education, total

Iceland
7.3%
in 2022
Venezuela, Bolivarian Republic of
6.9%
in 2009
Iceland rank
14th
Venezuela, Bolivarian Republic of rank
15th

Government expenditure on education, total over time

  • Iceland
  • Venezuela, Bolivarian Republic of
2468197019962022

How they compare

Iceland currently reports 7.3% against 6.9% in Venezuela, Bolivarian Republic of, a difference of 0.4%.

That makes Iceland's figure about 1.1 times Venezuela, Bolivarian Republic of's.

The two have swapped places 2 times across 6 shared years of data; in 1990 it was Iceland ahead.

Iceland ranks 14th and Venezuela, Bolivarian Republic of ranks 15th of 196 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Iceland Venezuela, Bolivarian Republic of Difference Ahead
1990s 4.7% 3.8% 1.0% Iceland
2000s 7.1% 4.7% 2.4% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government expenditure on education, total, Iceland or Venezuela, Bolivarian Republic of?
Iceland, at 7.3% against 6.9% in Venezuela, Bolivarian Republic of as of 2022.
What is the difference in government expenditure on education, total between Iceland and Venezuela, Bolivarian Republic of?
0.4%, with Iceland ahead.
How many years of comparable data are there for Iceland and Venezuela, Bolivarian Republic of?
6 years are reported by both, from 1990 to 2009.
How do Iceland and Venezuela, Bolivarian Republic of rank globally for government expenditure on education, total?
Iceland ranks 14th and Venezuela, Bolivarian Republic of ranks 15th 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.

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Iceland vs Venezuela, Bolivarian Republic of: Government expenditure on education, total. Statizoid, drawing on Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Retrieved 13 September 2026, from https://education.statizoid.com/compare/government-expenditure-on-education-total-percent-of-gdp/iceland/venezuela-rb/

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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.