Funding of education (1995-2011) in Iceland
Iceland: Funding of education (1995-2011) was 39.5 in 2011. ▬ Flat
Latest (2011)
39.5
Change on year
down 4.4%
World rank
29th
of 40 countries
All-time high
42.2
in 1998
All-time low
37.5
in 2003
Years of data
14
1998–2011
Funding of education in Iceland, 1998–2011
Source: Eurostat.
Analysis
In 2011, funding of education in Iceland stood at 39.5.
Compared with earlier readings it is down 4.4% on the previous year and down 3.4% over ten years.
Over the whole period, funding of education in Iceland peaked at 42.2 in 1998 and was at its lowest, 37.5, in 2003.
Iceland ranks 29th of 40 countries on this measure, in the middle of the range.
Funding of education (1995-2011) in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 42.2 | — |
| 1999 | 41.5 | -1.7% |
| 2000 | 39.5 | -4.8% |
| 2001 | 40.9 | +3.5% |
| 2002 | 40.7 | -0.5% |
| 2003 | 37.5 | -7.9% |
| 2004 | 40.7 | +8.5% |
| 2005 | 40 | -1.7% |
| 2006 | 39.2 | -2.0% |
| 2007 | 39 | -0.5% |
| 2008 | 39.5 | +1.3% |
| 2009 | 40.6 | +2.8% |
| 2010 | 41.3 | +1.7% |
| 2011 | 39.5 | -4.4% |
Iceland compared with similar countries
- Iceland's 39.5 is below the median for Europe & Central Asia, which is 71.75, 55% of the median. (30 countries reporting)
- Iceland's 39.5 is below the median for high income countries, which is 71.9, 55% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 41.85 | 41.5 | 42.2 | 2 |
| 2000s | 39.76 | 37.5 | 40.9 | 10 |
| 2010s | 40.4 | 39.5 | 41.3 | 2 |
Countries ranked near Iceland
More education data for Iceland
- Gender gap education levels, gaps filled 98.24 (2023)
- Primary enrollment selected countries, gaps filled 98.18 (2023)
- Repeaters in primary education, all grades, both sexes (number), gaps 0 (2023)
- Enrolment in pre-primary education, male (number), gaps filled 6,661 (2023)
- Enrolment in pre-primary education, female (number), gaps filled 6,167 (2023)
- Secondary education, pupils, gaps filled 37,056 (2023)
- Primary education, duration (years), annual growth rate 0 % change on previous year (2025)
- Primary education, pupils, gaps filled 32,314 (2023)
- Primary education, pupils, annual growth rate -1.17 % change on previous year (2023)
- Primary education, pupils, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is funding of education in Iceland?
- Funding of education in Iceland was 39.5 in 2011, according to Eurostat.
- What is the highest funding of education recorded in Iceland?
- The highest recorded value was 42.2 in 1998.
- What is the lowest funding of education recorded in Iceland?
- The lowest recorded value was 37.5 in 2003.
- How does Iceland rank for funding of education?
- Iceland ranks 29th out of 40 countries with data for 2011.
- Is funding of education rising or falling in Iceland?
- Over the last ten years it is down 3.4%. 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 Funding of education (1995-2011). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Eurostat).