Current education expenditure, tertiary in Iceland

Iceland: Current education expenditure, tertiary was 97.6% in 2022. ▲ Rising

Latest (2022)
97.6%
Change on year
down 0.4%
World rank
22nd
of 112 countries
All-time high
99.9%
in 2009
All-time low
82.1%
in 2007
Years of data
19
2004–2022

Current education expenditure, tertiary in Iceland, 2004–2022

0204060801002004201320222004: 91.5 % of total expenditure in tertiary public institutions2005: 95 % of total expenditure in tertiary public institutions2006: 92.4 % of total expenditure in tertiary public institutions2007: 82.1 % of total expenditure in tertiary public institutions2008: 91.3 % of total expenditure in tertiary public institutions2009: 99.9 % of total expenditure in tertiary public institutions2010: 93.5 % of total expenditure in tertiary public institutions2011: 95.7 % of total expenditure in tertiary public institutions2012: 94.4 % of total expenditure in tertiary public institutions2013: 94.9 % of total expenditure in tertiary public institutions2014: 94.8 % of total expenditure in tertiary public institutions2015: 93.6 % of total expenditure in tertiary public institutions2016: 93.4 % of total expenditure in tertiary public institutions2017: 97.6 % of total expenditure in tertiary public institutions2018: 97 % of total expenditure in tertiary public institutions2019: 96.4 % of total expenditure in tertiary public institutions2020: 98 % of total expenditure in tertiary public institutions2021: 98 % of total expenditure in tertiary public institutions2022: 97.6 % of total expenditure in tertiary public institutions

Source: Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Measured in % of total expenditure in tertiary public institutions.

Analysis

Iceland recorded 97.6% for current education expenditure, tertiary in 2022.

Compared with earlier readings it is down 0.4% on the previous year and up 3.4% over ten years.

Over the whole period, current education expenditure, tertiary in Iceland peaked at 99.9% in 2009 and was at its lowest, 82.1%, in 2007.

Iceland ranks 22nd of 112 countries on this measure, in the top quarter.

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

Current education expenditure, tertiary in Iceland, year by year

Annual values for Current education expenditure, tertiary (% of total expenditure in tertiary public institutions) in Iceland, 2004 to 2022.
Year % of total expenditure in tertiary public institutions Change
2004 91.5%
2005 95.0% +3.8%
2006 92.4% -2.7%
2007 82.1% -11.2%
2008 91.3% +11.3%
2009 99.9% +9.5%
2010 93.5% -6.4%
2011 95.7% +2.4%
2012 94.4% -1.4%
2013 94.9% +0.5%
2014 94.8% -0.2%
2015 93.6% -1.2%
2016 93.4% -0.2%
2017 97.6% +4.5%
2018 97.0% -0.6%
2019 96.4% -0.5%
2020 98.0% +1.6%
2021 98.0% +0.0%
2022 97.6% -0.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 92.0% 82.1% 99.9% 6
2010s 95.1% 93.4% 97.6% 10
2020s 97.8% 97.6% 98.0% 3

Countries ranked near Iceland

  1. 19 Kyrgyzstan 98.0% compare
  2. 20 San Marino 97.9% compare
  3. 21 Kenya 97.6% compare
  4. 23 India 97.5%
  5. 24 Mexico 97.4% compare
  6. 25 Ireland 97.4% compare

See the full ranking of 130 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is current education expenditure, tertiary in Iceland?
Current education expenditure, tertiary in Iceland was 97.6% in 2022, according to Data API, UN Educational, Scientific and Cultural Organization (UNESCO).
What is the highest current education expenditure, tertiary recorded in Iceland?
The highest recorded value was 99.9% in 2009.
What is the lowest current education expenditure, tertiary recorded in Iceland?
The lowest recorded value was 82.1% in 2007.
How does Iceland rank for current education expenditure, tertiary?
Iceland ranks 22nd out of 112 countries with data for 2022.
Is current education expenditure, tertiary rising or falling in Iceland?
Over the last ten years it is up 3.4%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Data API, UN Educational, Scientific and Cultural Organization (UNESCO), published as part of Current education expenditure, tertiary (% of total expenditure in tertiary public institutions). Statizoid updates them automatically from the source API.

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Current education expenditure, tertiary in Iceland. Statizoid, drawing on Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Retrieved 06 September 2026, from https://education.statizoid.com/stat/current-education-expenditure-tertiary-percent-of-total-expenditure-in-tertiary-public/iceland/

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About this data

Indicator
Current education expenditure, tertiary (% of total expenditure in tertiary public institutions)
Unit
% of total expenditure in tertiary public institutions
Source
Data API, UN Educational, Scientific and Cultural Organization (UNESCO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
130 places, 1,854 data points, 1998–2024
Last refreshed

Current expenditure is expressed as a percentage of direct expenditure in public educational institutions (instructional and non-instructional) of the specified level of education. Financial aid to students and other transfers are excluded from direct expenditure. Current expenditure is consumed within the current year and would have to be renewed if needed in the following year. It includes staff compensation and current expenditure other than for staff compensation (ex. on teaching materials, ancillary services and administration).