Iceland vs Republic of Korea: Initial government funding per primary student, constant PPP$

Iceland
19,376
in 2022
Republic of Korea
19,558
in 2022
Iceland rank
5th
Republic of Korea rank
4th

Initial government funding per primary student, constant PPP$ over time

  • Iceland
  • Republic of Korea
5.0k10.0k15.0k20.0k199820102022

How they compare

Republic of Korea currently reports 19,558 against 19,376 in Iceland, a difference of 182.

The two have swapped places 1 time across 9 shared years of data; in 1999 it was Iceland ahead.

Iceland ranks 5th and Republic of Korea ranks 4th of 122 countries.

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

Head to head by decade

Decade Iceland Republic of Korea Difference Ahead
1990s 11,255 4,123 7,132 Iceland
2010s 16,974 13,043 3,930 Iceland
2020s 19,025 16,367 2,658 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher initial government funding per primary student, constant ppp$, Iceland or Republic of Korea?
Republic of Korea, at 19,558 against 19,376 in Iceland as of 2022.
What is the difference in initial government funding per primary student, constant ppp$ between Iceland and Republic of Korea?
182, with Republic of Korea ahead.
How many years of comparable data are there for Iceland and Republic of Korea?
9 years are reported by both, from 1999 to 2022.
How do Iceland and Republic of Korea rank globally for initial government funding per primary student, constant ppp$?
Iceland ranks 5th and Republic of Korea ranks 4th of 122 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Initial government funding per primary student, constant PPP$. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Republic of Korea: Initial government funding per primary student, constant PPP$. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 23 August 2026, from https://education.statizoid.com/compare/initial-government-funding-per-primary-student-constant-ppp-2/iceland/korea-rep/

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About this data

Indicator
Initial government funding per primary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
122 places, 1,818 data points, 1997–2024
Last refreshed

February 2026 Data Release