Capital expenditure as a percentage of total expenditure in public in Iceland

Iceland: Capital expenditure as a percentage of total expenditure in public was 5.7% in 2022. ▼ Falling

Latest (2022)
5.7%
Change on year
up 11.9%
World rank
78th
of 124 countries
All-time high
10.0%
in 2006
All-time low
4.5%
in 2020
Years of data
19
2004–2022

Capital expenditure as a percentage of total expenditure in public in Iceland, 2004–2022

02468102004201320222004: 9.7 %2005: 8.5 %2006: 10 %2007: 9.7 %2008: 8.1 %2009: 7.8 %2010: 6.6 %2011: 5.5 %2012: 5.8 %2013: 5.3 %2014: 6.1 %2015: 5.5 %2016: 4.5 %2017: 4.6 %2018: 6.1 %2019: 5.7 %2020: 4.5 %2021: 5.1 %2022: 5.7 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

Iceland recorded 5.7% for capital expenditure as a percentage of total expenditure in public in 2022.

The figure is up 11.9% on the previous year and down 0.4% over ten years.

Over the whole period, capital expenditure as a percentage of total expenditure in public in Iceland peaked at 10.0% in 2006 and was at its lowest, 4.5%, in 2020.

Iceland ranks 78th of 124 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 19 years of available data.

Capital expenditure as a percentage of total expenditure in public in Iceland, year by year

Annual values for Capital expenditure as a percentage of total expenditure in public institutions (%) in Iceland, 2004 to 2022.
Year % Change
2004 9.7%
2005 8.5% -12.3%
2006 10.0% +17.4%
2007 9.7% -2.5%
2008 8.1% -17.3%
2009 7.8% -3.5%
2010 6.6% -14.7%
2011 5.5% -17.7%
2012 5.8% +5.5%
2013 5.3% -8.6%
2014 6.1% +16.2%
2015 5.5% -10.1%
2016 4.5% -17.8%
2017 4.6% +1.1%
2018 6.1% +33.6%
2019 5.7% -6.3%
2020 4.5% -21.3%
2021 5.1% +13.8%
2022 5.7% +11.9%

Iceland compared with similar countries

  • Iceland's 5.7% is below the median for high income countries, which is 7.9%, 73% of the median. (54 countries reporting)
  • Iceland's 5.7% is below the median for Europe & Central Asia, which is 7.6%, 76% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.0% 7.8% 10.0% 6
2010s 5.6% 4.5% 6.6% 10
2020s 5.1% 4.5% 5.7% 3

Countries ranked near Iceland

  1. 75 Lithuania 6.4% compare
  2. 76 Sweden 6.3% compare
  3. 77 Bolivia, Plurinational State of 5.7% compare
  4. 79 Thailand 5.7% compare
  5. 80 Malaysia 5.6% compare
  6. 81 Croatia 5.6% compare

See the full ranking of 124 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is capital expenditure as a percentage of total expenditure in public in Iceland?
Capital expenditure as a percentage of total expenditure in public in Iceland was 5.7% in 2022, according to UNESCO Institute for Statistics.
What is the highest capital expenditure as a percentage of total expenditure in public recorded in Iceland?
The highest recorded value was 10.0% in 2006.
What is the lowest capital expenditure as a percentage of total expenditure in public recorded in Iceland?
The lowest recorded value was 4.5% in 2020.
How does Iceland rank for capital expenditure as a percentage of total expenditure in public?
Iceland ranks 78th out of 124 countries with data for 2022.
Is capital expenditure as a percentage of total expenditure in public rising or falling in Iceland?
Over the last ten years it is down 0.4%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from UNESCO Institute for Statistics, published as part of Capital expenditure as a percentage of total expenditure in public institutions (%). Statizoid updates them automatically from the source API.

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Capital expenditure as a percentage of total expenditure in public in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 14 September 2026, from https://education.statizoid.com/stat/capital-expenditure-as-a-percentage-of-total-expenditure-in-public-institutions-percent/iceland/

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About this data

Indicator
Capital expenditure as a percentage of total expenditure in public institutions (%)
Unit
%
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
124 places, 1,684 data points, 1998–2024
Last refreshed

February 2026 Data Release