Government expenditure on education, constant US$ in Iceland
Iceland: Government expenditure on education, constant US$ was 2,176 millions in 2022. ▲ Rising
Government expenditure on education, constant US$ in Iceland, 1990–2022
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
Iceland recorded 2,176 millions for government expenditure on education, constant us$ in 2022.
Compared with earlier readings it is down 3.2% on the previous year and up 34.9% over ten years.
Over the whole period, government expenditure on education, constant us$ in Iceland peaked at 2,247 millions in 2021 and was at its lowest, 518.19 millions, in 1990.
That places Iceland 83rd out of 174 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 US$ in Iceland, year by year
| Year | millions | Change |
|---|---|---|
| 1990 | 518.19 millions | — |
| 1993 | 611.09 millions | +17.9% |
| 1994 | 585.61 millions | -4.2% |
| 1995 | 589.38 millions | +0.6% |
| 1996 | 672.73 millions | +14.1% |
| 1998 | 993.14 millions | +47.6% |
| 1999 | 979.93 millions | -1.3% |
| 2000 | 1,028 millions | +4.9% |
| 2001 | 1,115 millions | +8.5% |
| 2002 | 1,221 millions | +9.5% |
| 2003 | 1,238 millions | +1.4% |
| 2004 | 1,319 millions | +6.6% |
| 2005 | 1,434 millions | +8.8% |
| 2006 | 1,495 millions | +4.2% |
| 2007 | 1,565 millions | +4.7% |
| 2008 | 1,621 millions | +3.6% |
| 2009 | 1,529 millions | -5.6% |
| 2010 | 1,435 millions | -6.2% |
| 2011 | 1,429 millions | -0.4% |
| 2012 | 1,613 millions | +12.9% |
| 2013 | 1,656 millions | +2.7% |
| 2014 | 1,728 millions | +4.3% |
| 2015 | 1,761 millions | +1.9% |
| 2016 | 1,866 millions | +5.9% |
| 2017 | 1,984 millions | +6.3% |
| 2018 | 2,075 millions | +4.6% |
| 2019 | 2,124 millions | +2.4% |
| 2020 | 2,233 millions | +5.1% |
| 2021 | 2,247 millions | +0.7% |
| 2022 | 2,176 millions | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 707.15 millions | 518.19 millions | 993.14 millions | 7 |
| 2000s | 1,356 millions | 1,028 millions | 1,621 millions | 10 |
| 2010s | 1,767 millions | 1,429 millions | 2,124 millions | 10 |
| 2020s | 2,219 millions | 2,176 millions | 2,247 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 us$ in Iceland?
- Government expenditure on education, constant us$ in Iceland was 2,176 millions in 2022, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on education, constant us$ recorded in Iceland?
- The highest recorded value was 2,247 millions in 2021.
- What is the lowest government expenditure on education, constant us$ recorded in Iceland?
- The lowest recorded value was 518.19 millions in 1990.
- How does Iceland rank for government expenditure on education, constant us$?
- Iceland ranks 83rd out of 174 countries with data for 2022.
- Is government expenditure on education, constant us$ 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 US$ (millions). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release