Expenditure on public educational institutions - as % of total or in Iceland

Iceland: Expenditure on public educational institutions - as % of total or was 93.4% in 2023. ▬ Flat

Latest (2023)
93.4%
Change on year
down 0.7%
World rank
9th
of 37 countries
All-time high
95.3%
in 2020
All-time low
93.4%
in 2023
Years of data
12
2012–2023

Expenditure on public educational institutions - as % of total or in Iceland, 2012–2023

0204060801002012201720232012: 93.9 Percentage2013: 94.5 Percentage2014: 93.6 Percentage2015: 94.2 Percentage2016: 95.1 Percentage2017: 95.2 Percentage2018: 93.7 Percentage2019: 94.1 Percentage2020: 95.3 Percentage2021: 94.7 Percentage2022: 94.1 Percentage2023: 93.4 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

The most recent figure for expenditure on public educational institutions - as % of total or in Iceland is 93.4%, measured in 2023. That is the lowest value across all 12 years on record.

The figure is down 0.7% on the previous year and down 1.2% over ten years.

Over the whole period, expenditure on public educational institutions - as % of total or in Iceland peaked at 95.3% in 2020 and was at its lowest, 93.4%, in 2023.

That places Iceland 9th out of 37 countries with data for 2023, putting it in the top quarter.

Expenditure on public educational institutions - as % of total or in Iceland, year by year

Annual values for Expenditure on public educational institutions - as % of total or current expenditure in Iceland, 2012 to 2023.
Year Percentage Change
2012 93.9%
2013 94.5% +0.6%
2014 93.6% -1.0%
2015 94.2% +0.6%
2016 95.1% +1.0%
2017 95.2% +0.1%
2018 93.7% -1.6%
2019 94.1% +0.4%
2020 95.3% +1.3%
2021 94.7% -0.6%
2022 94.1% -0.6%
2023 93.4% -0.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 94.3% 93.6% 95.2% 8
2020s 94.4% 93.4% 95.3% 4

Countries ranked near Iceland

  1. 6 Belgium 95.1% compare
  2. 7 Croatia 93.9% compare
  3. 7 Croatia 93.9% compare
  4. 9 Italy 93.4% compare
  5. 11 Sweden 93.3% compare
  6. 12 Denmark 93.2% compare

See the full ranking of 38 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is expenditure on public educational institutions - as % of total or in Iceland?
Expenditure on public educational institutions - as % of total or in Iceland was 93.4% in 2023, according to Eurostat.
What is the highest expenditure on public educational institutions - as % of total or recorded in Iceland?
The highest recorded value was 95.3% in 2020.
What is the lowest expenditure on public educational institutions - as % of total or recorded in Iceland?
The lowest recorded value was 93.4% in 2023.
How does Iceland rank for expenditure on public educational institutions - as % of total or?
Iceland ranks 9th out of 37 countries with data for 2023.
Is expenditure on public educational institutions - as % of total or rising or falling in Iceland?
Over the last ten years it is down 1.2%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Expenditure on public educational institutions - as % of total or current expenditure. Statizoid updates them automatically from the source API.

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Expenditure on public educational institutions - as % of total or in Iceland. Statizoid, drawing on Eurostat. Retrieved 05 September 2026, from https://education.statizoid.com/stat/expenditure-on-public-educational-institutions-as-percent-of-total-or-current-expenditure/iceland/

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About this data

Indicator
Expenditure on public educational institutions - as % of total or current expenditure
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
38 places, 422 data points, 2012–2023
Last refreshed