Financial aid to students (1995-2011) in Iceland

Iceland: Financial aid to students (1995-2011) was 6 in 2011. ▲ Rising

Latest (2011)
6
Change on year
down 23.1%
World rank
19th
of 41 countries
All-time high
7.8
in 2010
All-time low
4.6
in 2003
Years of data
14
1998–2011

Financial aid to students in Iceland, 1998–2011

024681998200420111998: 5.11999: 4.92000: 4.82001: 52002: 4.82003: 4.62004: 4.82005: 5.22006: 5.12007: 52008: 5.22009: 62010: 7.82011: 6

Source: Eurostat.

Analysis

The most recent figure for financial aid to students in Iceland is 6, measured in 2011.

Compared with earlier readings it is down 23.1% on the previous year and up 20.0% over ten years.

Over the whole period, financial aid to students in Iceland peaked at 7.8 in 2010 and was at its lowest, 4.6, in 2003.

That places Iceland 19th out of 41 countries with data for 2011, putting it in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Financial aid to students (1995-2011) in Iceland, year by year

Annual values for Financial aid to students (1995-2011) in Iceland, 1998 to 2011.
Year Value Change
1998 5.1 —
1999 4.9 -3.9%
2000 4.8 -2.0%
2001 5 +4.2%
2002 4.8 -4.0%
2003 4.6 -4.2%
2004 4.8 +4.3%
2005 5.2 +8.3%
2006 5.1 -1.9%
2007 5 -2.0%
2008 5.2 +4.0%
2009 6 +15.4%
2010 7.8 +30.0%
2011 6 -23.1%

Iceland compared with similar countries

  • Iceland's 6 is above the median for Europe & Central Asia, which is 5.75, 1.0× the median. (30 countries reporting)
  • Iceland's 6 is above the median for high income countries, which is 5.8, 1.0× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 5 4.9 5.1 2
2000s 5.05 4.6 6 10
2010s 6.9 6 7.8 2

Countries ranked near Iceland

  1. 16 Italy 6.4 compare
  2. 17 Latvia 6.1 compare
  3. 17 Latvia 6.1 compare
  4. 19 Türkiye 6 compare
  5. 21 Hungary 5.8 compare
  6. 22 Slovakia 5.7 compare
  7. 22 Slovakia 5.7 compare

See the full ranking of 41 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is financial aid to students in Iceland?
Financial aid to students in Iceland was 6 in 2011, according to Eurostat.
What is the highest financial aid to students recorded in Iceland?
The highest recorded value was 7.8 in 2010.
What is the lowest financial aid to students recorded in Iceland?
The lowest recorded value was 4.6 in 2003.
How does Iceland rank for financial aid to students?
Iceland ranks 19th out of 41 countries with data for 2011.
Is financial aid to students rising or falling in Iceland?
Over the last ten years it is up 20.0%. 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 Financial aid to students (1995-2011). Statizoid updates them automatically from the source API.

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Financial aid to students in Iceland. Statizoid, drawing on Eurostat. Retrieved 13 November 2026, from https://education.statizoid.com/stat/financial-aid-to-students-1995-2011/iceland/

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About this data

Indicator
Financial aid to students (1995-2011)
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
41 places, 506 data points, 1995–2011
Last refreshed