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

Iceland: Capital expenditure as a percentage of total expenditure in tertiary was 2.4% in 2022. ◆ Volatile

Latest (2022)
2.4%
Change on year
up 19.9%
World rank
92nd
of 113 countries
All-time high
17.9%
in 2007
All-time low
0.1%
in 2009
Years of data
19
2004–2022

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

051015202004201320222004: 8.5 %2005: 5 %2006: 7.6 %2007: 17.9 %2008: 8.7 %2009: 0.054 %2010: 6.5 %2011: 4.3 %2012: 5.6 %2013: 5.1 %2014: 5.2 %2015: 6.4 %2016: 6.6 %2017: 2.4 %2018: 3 %2019: 3.6 %2020: 2 %2021: 2 %2022: 2.4 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

Iceland recorded 2.4% for capital expenditure as a percentage of total expenditure in tertiary in 2022.

The figure is up 19.9% on the previous year and down 56.9% over ten years.

Over the whole period, capital expenditure as a percentage of total expenditure in tertiary in Iceland peaked at 17.9% in 2007 and was at its lowest, 0.1%, in 2009.

Iceland ranks 92nd of 113 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for Capital expenditure as a percentage of total expenditure in tertiary public institutions (%) in Iceland, 2004 to 2022.
Year % Change
2004 8.5%
2005 5.0% -41.1%
2006 7.6% +51.7%
2007 17.9% +136.7%
2008 8.7% -51.5%
2009 0.1% -99.4%
2010 6.5% +11921.6%
2011 4.3% -34.0%
2012 5.6% +30.5%
2013 5.1% -9.1%
2014 5.2% +3.1%
2015 6.4% +21.9%
2016 6.6% +3.2%
2017 2.4% -63.4%
2018 3.0% +26.3%
2019 3.6% +16.7%
2020 2.0% -42.5%
2021 2.0% -1.8%
2022 2.4% +19.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.0% 0.1% 17.9% 6
2010s 4.9% 2.4% 6.6% 10
2020s 2.2% 2.0% 2.4% 3

Countries ranked near Iceland

  1. 89 Ireland 2.6% compare
  2. 90 Mexico 2.6% compare
  3. 91 India 2.5%
  4. 93 Kenya 2.4% compare
  5. 94 Lebanon 2.3% compare
  6. 95 San Marino 2.1% compare

See the full ranking of 113 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is capital expenditure as a percentage of total expenditure in tertiary in Iceland?
Capital expenditure as a percentage of total expenditure in tertiary in Iceland was 2.4% in 2022, according to UNESCO Institute for Statistics.
What is the highest capital expenditure as a percentage of total expenditure in tertiary recorded in Iceland?
The highest recorded value was 17.9% in 2007.
What is the lowest capital expenditure as a percentage of total expenditure in tertiary recorded in Iceland?
The lowest recorded value was 0.1% in 2009.
How does Iceland rank for capital expenditure as a percentage of total expenditure in tertiary?
Iceland ranks 92nd out of 113 countries with data for 2022.
Is capital expenditure as a percentage of total expenditure in tertiary rising or falling in Iceland?
Over the last ten years it is down 56.9%. The long-run trend across the full record is volatile.
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 tertiary public institutions (%). Statizoid updates them automatically from the source API.

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Capital expenditure as a percentage of total expenditure in tertiary in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 September 2026, from https://education.statizoid.com/stat/capital-expenditure-as-a-percentage-of-total-expenditure-in-tertiary-public-institutions/iceland/

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About this data

Indicator
Capital expenditure as a percentage of total expenditure in tertiary public institutions (%)
Unit
%
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
113 places, 1,585 data points, 1998–2024
Last refreshed

February 2026 Data Release