Expenditure on staff compensation in educational institutions (from) in Iceland
Iceland: Expenditure on staff compensation in educational institutions (from) was 319.1 US dollars, PPP converted in 2023. ▲ Rising
Expenditure on staff compensation in educational institutions (from) in Iceland, 2012–2023
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.
Analysis
In 2023, expenditure on staff compensation in educational institutions (from) in Iceland stood at 319.1 US dollars, PPP converted. That is the highest value across all 11 years on record.
That represents a change of up 4.4% on the previous year and up 58.3% over ten years.
Over the whole period, expenditure on staff compensation in educational institutions (from) in Iceland peaked at 319.1 US dollars, PPP converted in 2023 and was at its lowest, 201 US dollars, PPP converted, in 2012.
Iceland ranks 23rd of 24 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Expenditure on staff compensation in educational institutions (from) in Iceland, year by year
| Year | US dollars, PPP converted | Change |
|---|---|---|
| 2012 | 201 US dollars, PPP converted | — |
| 2013 | 201.58 US dollars, PPP converted | +0.3% |
| 2014 | 216.81 US dollars, PPP converted | +7.6% |
| 2016 | 236.67 US dollars, PPP converted | +9.2% |
| 2017 | 252.56 US dollars, PPP converted | +6.7% |
| 2018 | 264.92 US dollars, PPP converted | +4.9% |
| 2019 | 275.15 US dollars, PPP converted | +3.9% |
| 2020 | 299.63 US dollars, PPP converted | +8.9% |
| 2021 | 305.81 US dollars, PPP converted | +2.1% |
| 2022 | 305.56 US dollars, PPP converted | -0.1% |
| 2023 | 319.1 US dollars, PPP converted | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 235.53 US dollars, PPP converted | 201 US dollars, PPP converted | 275.15 US dollars, PPP converted | 7 |
| 2020s | 307.53 US dollars, PPP converted | 299.63 US dollars, PPP converted | 319.1 US dollars, PPP converted | 4 |
Countries ranked near Iceland
- 20 Ireland 651.52 US dollars, PPP converted compare
- 21 Costa Rica 527.05 US dollars, PPP converted compare
- 22 South Africa 448.38 US dollars, PPP converted compare
- 24 Luxembourg 311.86 US dollars, PPP converted compare
More education data for Iceland
- Primary education, teachers, gaps filled 3,568 (2023)
- Duration of pre primary education, annual growth rate 0 % change on previous year (2025)
- Duration of pre primary education 3 (2025)
- Official entrance age to pre primary education 3 (2025)
- Population ages 15-64 66.5% (2025)
- Population ages 0-14 17.5% (2025)
- Lower secondary school starting age 13 years (2025)
- Primary school starting age 6 years (2025)
- Primary secondary enrollment completion rates, gaps filled 98.22 (2023)
- School enrollment, primary 98.2% (2023)
Frequently asked questions
- What is expenditure on staff compensation in educational institutions (from) in Iceland?
- Expenditure on staff compensation in educational institutions (from) in Iceland was 319.1 US dollars, PPP converted in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest expenditure on staff compensation in educational institutions (from) recorded in Iceland?
- The highest recorded value was 319.1 US dollars, PPP converted in 2023.
- What is the lowest expenditure on staff compensation in educational institutions (from) recorded in Iceland?
- The lowest recorded value was 201 US dollars, PPP converted in 2012.
- How does Iceland rank for expenditure on staff compensation in educational institutions (from)?
- Iceland ranks 23rd out of 24 countries with data for 2023.
- Is expenditure on staff compensation in educational institutions (from) rising or falling in Iceland?
- Over the last ten years it is up 58.3%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Expenditure on staff compensation in educational institutions (from all sources) — Expenditure on education. Statizoid updates them automatically from the source API.
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About this data
This dataset contains data on staff compensation in educational institutions. The default table displays information on expenditure for salaries, pensions and other non-salary benefits in 2020 constant USD PPP, for the combined primary to tertiary levels of education, for public and government dependent private institutions. This can be changed to display data by: level of education, type of institution, type of expenditure, local currency/USD PPP, and current/constant prices. Please note that the filters are inter related, meaning that selection in one category may impact the possibility to select options in another category. Data for the latest available year are preliminary. Final data will be released on 29 September 2026. For more information, please consult the Education at a Glance web page.