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

Iceland: Current expenditure as a percentage of total expenditure in public was 94.3% in 2022. ▲ Rising

Latest (2022)
94.3%
Change on year
down 0.6%
World rank
50th
of 125 countries
All-time high
95.5%
in 2020
All-time low
90.0%
in 2006
Years of data
19
2004–2022

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

0204060801002004201320222004: 90.3 %2005: 91.5 %2006: 90 %2007: 90.3 %2008: 91.9 %2009: 92.2 %2010: 93.4 %2011: 94.5 %2012: 94.2 %2013: 94.7 %2014: 93.9 %2015: 94.5 %2016: 95.5 %2017: 95.4 %2018: 93.9 %2019: 94.3 %2020: 95.5 %2021: 94.9 %2022: 94.3 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

In 2022, current expenditure as a percentage of total expenditure in public in Iceland stood at 94.3%.

That represents a change of down 0.6% on the previous year and up 0.0% over ten years.

Over the whole period, current expenditure as a percentage of total expenditure in public in Iceland peaked at 95.5% in 2020 and was at its lowest, 90.0%, in 2006.

That places Iceland 50th out of 125 countries with data for 2022, putting it in the middle of the range.

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

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

Annual values for Current expenditure as a percentage of total expenditure in public institutions (%) in Iceland, 2004 to 2022.
Year % Change
2004 90.3%
2005 91.5% +1.3%
2006 90.0% -1.6%
2007 90.3% +0.3%
2008 91.9% +1.9%
2009 92.2% +0.3%
2010 93.4% +1.2%
2011 94.5% +1.3%
2012 94.2% -0.3%
2013 94.7% +0.5%
2014 93.9% -0.9%
2015 94.5% +0.7%
2016 95.5% +1.0%
2017 95.4% -0.0%
2018 93.9% -1.6%
2019 94.3% +0.4%
2020 95.5% +1.3%
2021 94.9% -0.7%
2022 94.3% -0.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 91.0% 90.0% 92.2% 6
2010s 94.4% 93.4% 95.5% 10
2020s 94.9% 94.3% 95.5% 3

Countries ranked near Iceland

  1. 47 Croatia 94.4% compare
  2. 48 Malaysia 94.4% compare
  3. 49 Thailand 94.3% compare
  4. 51 Bolivia, Plurinational State of 94.3% compare
  5. 52 Sweden 93.7% compare
  6. 53 Lithuania 93.6% compare

See the full ranking of 125 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is current expenditure as a percentage of total expenditure in public in Iceland?
Current expenditure as a percentage of total expenditure in public in Iceland was 94.3% in 2022, according to UNESCO Institute for Statistics.
What is the highest current expenditure as a percentage of total expenditure in public recorded in Iceland?
The highest recorded value was 95.5% in 2020.
What is the lowest current expenditure as a percentage of total expenditure in public recorded in Iceland?
The lowest recorded value was 90.0% in 2006.
How does Iceland rank for current expenditure as a percentage of total expenditure in public?
Iceland ranks 50th out of 125 countries with data for 2022.
Is current expenditure as a percentage of total expenditure in public rising or falling in Iceland?
Over the last ten years it is up 0.0%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from UNESCO Institute for Statistics, published as part of Current expenditure as a percentage of total expenditure in public institutions (%). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

Share, cite or embed this page

Cite this page

Current expenditure as a percentage of total expenditure in public in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 10 September 2026, from https://education.statizoid.com/stat/current-expenditure-as-a-percentage-of-total-expenditure-in-public-institutions-percent/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics); please keep the attribution.

<a href="https://education.statizoid.com/stat/current-expenditure-as-a-percentage-of-total-expenditure-in-public-institutions-percent/iceland/">Current expenditure as a percentage of total expenditure in public in Iceland</a> — Statizoid

About this data

Indicator
Current 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
125 places, 1,698 data points, 1998–2024
Last refreshed

February 2026 Data Release