Government expenditure on education not specified by level, PPP$ in Iceland
Iceland: Government expenditure on education not specified by level, PPP$ was 29.46 millions in 2022. ▲ Rising
Government expenditure on education not specified by level, PPP$ in Iceland, 1994–2022
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
The most recent figure for government expenditure on education not specified by level, ppp$ in Iceland is 29.46 millions, measured in 2022.
The figure is down 69.7% on the previous year and down 39.9% over ten years.
Over the whole period, government expenditure on education not specified by level, ppp$ in Iceland peaked at 97.25 millions in 2021 and was at its lowest, 10.33 millions, in 1994.
That places Iceland 49th out of 149 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Government expenditure on education not specified by level, PPP$ in Iceland, year by year
| Year | millions | Change |
|---|---|---|
| 1994 | 10.33 millions | — |
| 1995 | 10.73 millions | +3.8% |
| 1996 | 14.13 millions | +31.8% |
| 1999 | 25.91 millions | +83.3% |
| 2000 | 27.87 millions | +7.6% |
| 2001 | 31.95 millions | +14.6% |
| 2002 | 31.7 millions | -0.8% |
| 2003 | 35.53 millions | +12.1% |
| 2004 | 41.74 millions | +17.5% |
| 2005 | 44.84 millions | +7.4% |
| 2006 | 48.41 millions | +8.0% |
| 2007 | 46.17 millions | -4.6% |
| 2008 | 49.26 millions | +6.7% |
| 2009 | 47.62 millions | -3.3% |
| 2010 | 47.84 millions | +0.5% |
| 2011 | 46.25 millions | -3.3% |
| 2012 | 48.98 millions | +5.9% |
| 2013 | 51.84 millions | +5.8% |
| 2014 | 51.42 millions | -0.8% |
| 2015 | 54.54 millions | +6.1% |
| 2016 | 66.67 millions | +22.3% |
| 2017 | 71.9 millions | +7.8% |
| 2018 | 64.11 millions | -10.8% |
| 2019 | 72.6 millions | +13.3% |
| 2020 | 95.64 millions | +31.7% |
| 2021 | 97.25 millions | +1.7% |
| 2022 | 29.46 millions | -69.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.27 millions | 10.33 millions | 25.91 millions | 4 |
| 2000s | 40.51 millions | 27.87 millions | 49.26 millions | 10 |
| 2010s | 57.62 millions | 46.25 millions | 72.6 millions | 10 |
| 2020s | 74.11 millions | 29.46 millions | 97.25 millions | 3 |
Countries ranked near Iceland
More education data for Iceland
- Start of the academic school year (tertiary education), gaps filled 2,022 tertiary education (2023)
- Start of the academic school year (tertiary education), annual growth 0.0495 % change on previous year (2023)
- 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)
Frequently asked questions
- What is government expenditure on education not specified by level, ppp$ in Iceland?
- Government expenditure on education not specified by level, ppp$ in Iceland was 29.46 millions in 2022, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on education not specified by level, ppp$ recorded in Iceland?
- The highest recorded value was 97.25 millions in 2021.
- What is the lowest government expenditure on education not specified by level, ppp$ recorded in Iceland?
- The lowest recorded value was 10.33 millions in 1994.
- How does Iceland rank for government expenditure on education not specified by level, ppp$?
- Iceland ranks 49th out of 149 countries with data for 2022.
- Is government expenditure on education not specified by level, ppp$ rising or falling in Iceland?
- Over the last ten years it is down 39.9%. 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 not specified by level, PPP$ (millions). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release