Government expenditure on education, constant PPP$ in Iceland
Iceland: Government expenditure on education, constant PPP$ was 2,086 millions in 2022. ▲ Rising
Government expenditure on education, constant PPP$ in Iceland, 1990–2022
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
In 2022, government expenditure on education, constant ppp$ in Iceland stood at 2,086 millions.
The figure is down 3.2% on the previous year and up 34.9% over ten years.
Over the whole period, government expenditure on education, constant ppp$ in Iceland peaked at 2,155 millions in 2021 and was at its lowest, 496.85 millions, in 1990.
That places Iceland 107th out of 166 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Government expenditure on education, constant PPP$ in Iceland, year by year
| Year | millions | Change |
|---|---|---|
| 1990 | 496.85 millions | — |
| 1993 | 585.92 millions | +17.9% |
| 1994 | 561.49 millions | -4.2% |
| 1995 | 565.11 millions | +0.6% |
| 1996 | 645.02 millions | +14.1% |
| 1998 | 952.23 millions | +47.6% |
| 1999 | 939.57 millions | -1.3% |
| 2000 | 986.01 millions | +4.9% |
| 2001 | 1,069 millions | +8.5% |
| 2002 | 1,170 millions | +9.5% |
| 2003 | 1,187 millions | +1.4% |
| 2004 | 1,264 millions | +6.6% |
| 2005 | 1,375 millions | +8.8% |
| 2006 | 1,433 millions | +4.2% |
| 2007 | 1,500 millions | +4.7% |
| 2008 | 1,554 millions | +3.6% |
| 2009 | 1,466 millions | -5.6% |
| 2010 | 1,376 millions | -6.2% |
| 2011 | 1,370 millions | -0.4% |
| 2012 | 1,546 millions | +12.9% |
| 2013 | 1,588 millions | +2.7% |
| 2014 | 1,657 millions | +4.3% |
| 2015 | 1,689 millions | +1.9% |
| 2016 | 1,789 millions | +5.9% |
| 2017 | 1,902 millions | +6.3% |
| 2018 | 1,990 millions | +4.6% |
| 2019 | 2,037 millions | +2.4% |
| 2020 | 2,141 millions | +5.1% |
| 2021 | 2,155 millions | +0.7% |
| 2022 | 2,086 millions | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 678.03 millions | 496.85 millions | 952.23 millions | 7 |
| 2000s | 1,301 millions | 986.01 millions | 1,554 millions | 10 |
| 2010s | 1,694 millions | 1,370 millions | 2,037 millions | 10 |
| 2020s | 2,127 millions | 2,086 millions | 2,155 millions | 3 |
Countries ranked near Iceland
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 government expenditure on education, constant ppp$ in Iceland?
- Government expenditure on education, constant ppp$ in Iceland was 2,086 millions in 2022, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on education, constant ppp$ recorded in Iceland?
- The highest recorded value was 2,155 millions in 2021.
- What is the lowest government expenditure on education, constant ppp$ recorded in Iceland?
- The lowest recorded value was 496.85 millions in 1990.
- How does Iceland rank for government expenditure on education, constant ppp$?
- Iceland ranks 107th out of 166 countries with data for 2022.
- Is government expenditure on education, constant ppp$ rising or falling in Iceland?
- Over the last ten years it is up 34.9%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, constant PPP$ (millions). Statizoid updates them automatically from the source API.
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CSV · JSON — 30 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release