Expenditure of the educational institutions by education level in Iceland

Iceland: Expenditure of the educational institutions by education level was 541.6 in 2023. ▲ Rising

Latest (2023)
541.6
Change on year
up 5.5%
World rank
23rd
of 30 countries
All-time high
541.6
in 2023
All-time low
187.6
in 2012
Years of data
12
2012–2023

Expenditure of the educational institutions by education level in Iceland, 2012–2023

2003004005002012201720232012: 187.62013: 195.52014: 230.62015: 260.92016: 307.92017: 376.42018: 393.72019: 3942020: 389.62021: 4412022: 513.22023: 541.6

Source: Eurostat.

Analysis

In 2023, expenditure of the educational institutions by education level in Iceland stood at 541.6. That is the highest value across all 12 years on record.

That represents a change of up 5.5% on the previous year and up 177.0% over ten years.

Over the whole period, expenditure of the educational institutions by education level in Iceland peaked at 541.6 in 2023 and was at its lowest, 187.6, in 2012.

Iceland ranks 23rd of 30 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2010s 293.32 187.6 394 8
2020s 471.35 389.6 541.6 4

Countries ranked near Iceland

  1. 20 Bulgaria 894.6 compare
  2. 21 Ireland 770.5 compare
  3. 22 Slovenia 662 compare
  4. 24 Estonia 532.4 compare
  5. 25 Croatia 498.7 compare
  6. 26 Luxembourg 476.2 compare

See the full ranking of 32 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is expenditure of the educational institutions by education level in Iceland?
Expenditure of the educational institutions by education level in Iceland was 541.6 in 2023, according to Eurostat.
What is the highest expenditure of the educational institutions by education level recorded in Iceland?
The highest recorded value was 541.6 in 2023.
What is the lowest expenditure of the educational institutions by education level recorded in Iceland?
The lowest recorded value was 187.6 in 2012.
How does Iceland rank for expenditure of the educational institutions by education level?
Iceland ranks 23rd out of 30 countries with data for 2023.
Is expenditure of the educational institutions by education level rising or falling in Iceland?
Over the last ten years it is up 177.0%. 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 Expenditure of the educational institutions by education level, programme orientation, type of institution and expenditure category. Statizoid updates them automatically from the source API.

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Expenditure of the educational institutions by education level in Iceland. Statizoid, drawing on Eurostat. Retrieved 22 August 2026, from https://education.statizoid.com/stat/expenditure-of-the-educational-institutions-by-education-level-programme-orientation-type/iceland/

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About this data

Indicator
Expenditure of the educational institutions by education level, programme orientation, type of institution and expenditure category
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
32 places, 349 data points, 2012–2023
Last refreshed