Annual expenditure on educational institutions per pupil/student in Iceland

Iceland: Annual expenditure on educational institutions per pupil/student was 27,335 in 2023. ▲ Rising

Latest (2023)
27,335
Change on year
up 3.9%
World rank
2nd
of 30 countries
All-time high
27,335
in 2023
All-time low
9,729
in 2012
Years of data
12
2012–2023

Annual expenditure on educational institutions per pupil/student in Iceland, 2012–2023

010.0k20.0k30.0k2012201720232012: 9.7k2013: 10.0k2014: 11.7k2015: 13.5k2016: 16.0k2017: 19.9k2018: 21.0k2019: 21.1k2020: 20.8k2021: 23.2k2022: 26.3k2023: 27.3k

Source: Eurostat.

Analysis

The most recent figure for annual expenditure on educational institutions per pupil/student in Iceland is 27,335, measured in 2023. That is the highest value across all 12 years on record.

That represents a change of up 3.9% on the previous year and up 174.0% over ten years.

Over the whole period, annual expenditure on educational institutions per pupil/student in Iceland peaked at 27,335 in 2023 and was at its lowest, 9,729, in 2012.

Iceland ranks 2nd of 30 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 12 years of available data.

Annual expenditure on educational institutions per pupil/student in Iceland, year by year

Annual values for Annual expenditure on educational institutions per pupil/student based on FTE, by education level and programme orientation in Iceland, 2012 to 2023.
Year Value Change
2012 9,729
2013 9,977 +2.5%
2014 11,679 +17.1%
2015 13,500 +15.6%
2016 15,980 +18.4%
2017 19,906 +24.6%
2018 21,047 +5.7%
2019 21,054 +0.0%
2020 20,757 -1.4%
2021 23,202 +11.8%
2022 26,315 +13.4%
2023 27,335 +3.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 15,359 9,729 21,054 8
2020s 24,402 20,757 27,335 4

Countries ranked near Iceland

  1. 1 Bosnia and Herzegovina 172,517 compare
  2. 3 Luxembourg 24,920 compare
  3. 4 Norway 22,382 compare
  4. 5 Finland 17,463 compare

See the full ranking of 32 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is annual expenditure on educational institutions per pupil/student in Iceland?
Annual expenditure on educational institutions per pupil/student in Iceland was 27,335 in 2023, according to Eurostat.
What is the highest annual expenditure on educational institutions per pupil/student recorded in Iceland?
The highest recorded value was 27,335 in 2023.
What is the lowest annual expenditure on educational institutions per pupil/student recorded in Iceland?
The lowest recorded value was 9,729 in 2012.
How does Iceland rank for annual expenditure on educational institutions per pupil/student?
Iceland ranks 2nd out of 30 countries with data for 2023.
Is annual expenditure on educational institutions per pupil/student rising or falling in Iceland?
Over the last ten years it is up 174.0%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Annual expenditure on educational institutions per pupil/student based on FTE, by education level and programme orientation. Statizoid updates them automatically from the source API.

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Annual expenditure on educational institutions per pupil/student in Iceland. Statizoid, drawing on Eurostat. Retrieved 27 August 2026, from https://education.statizoid.com/stat/annual-expenditure-on-educational-institutions-per-pupil-student-based-on-fte-by/iceland/

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About this data

Indicator
Annual expenditure on educational institutions per pupil/student based on FTE, by education level and programme orientation
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
32 places, 350 data points, 2012–2023
Last refreshed