Government expenditure on education in Iceland
Iceland: Government expenditure on education was 7.31 in 2022. ▲ Rising
Latest (2022)
7.31
Change on year
down 11.2%
World rank
3rd
of 68 countries
All-time high
8.58
in 2020
All-time low
4.26
in 1990
Years of data
30
1990–2022
Government expenditure on education in Iceland, 1990–2022
Source: UNICEF.
Analysis
Iceland recorded 7.31 for government expenditure on education in 2022.
That represents a change of down 11.2% on the previous year and down 3.6% over ten years.
Over the whole period, government expenditure on education in Iceland peaked at 8.58 in 2020 and was at its lowest, 4.26, in 1990.
Iceland ranks 3rd of 68 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 30 years of available data.
Government expenditure on education in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 4.26 | — |
| 1993 | 5.14 | +20.7% |
| 1994 | 4.76 | -7.5% |
| 1995 | 4.78 | +0.5% |
| 1996 | 5.22 | +9.2% |
| 1998 | 6.78 | +30.0% |
| 1999 | 6.43 | -5.2% |
| 2000 | 6.43 | -0.0% |
| 2001 | 6.71 | +4.3% |
| 2002 | 7.3 | +8.8% |
| 2003 | 7.25 | -0.7% |
| 2004 | 7.16 | -1.2% |
| 2005 | 7.34 | +2.5% |
| 2006 | 7.2 | -2.0% |
| 2007 | 6.94 | -3.5% |
| 2008 | 7.04 | +1.3% |
| 2009 | 7.19 | +2.2% |
| 2010 | 6.94 | -3.4% |
| 2011 | 6.79 | -2.2% |
| 2012 | 7.58 | +11.7% |
| 2013 | 7.45 | -1.8% |
| 2014 | 7.64 | +2.6% |
| 2015 | 7.46 | -2.4% |
| 2016 | 7.43 | -0.3% |
| 2017 | 7.58 | +2.0% |
| 2018 | 7.56 | -0.3% |
| 2019 | 7.6 | +0.5% |
| 2020 | 8.58 | +12.9% |
| 2021 | 8.23 | -4.2% |
| 2022 | 7.31 | -11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.34 | 4.26 | 6.78 | 7 |
| 2000s | 7.05 | 6.43 | 7.34 | 10 |
| 2010s | 7.4 | 6.79 | 7.64 | 10 |
| 2020s | 8.04 | 7.31 | 8.58 | 3 |
Countries ranked near Iceland
- 1 Algeria 8.98 compare
- 2 Sweden 7.32 compare
- 4 Kyrgyzstan 6.83 compare
- 5 Tunisia 6.73 compare
- 6 Republic of Moldova 6.56 compare
More education data for Iceland
- 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)
- Primary education, pupils, per capita 0.0838 units per person (2023)
- Secondary education, duration (years), annual growth rate 0 % change on previous year (2025)
- Enrolment in primary education, both sexes (number), gaps filled 32,314 (2023)
- Enrolment in primary education, both sexes (number), annual growth -1.17 % change on previous year (2023)
Frequently asked questions
- What is government expenditure on education in Iceland?
- Government expenditure on education in Iceland was 7.31 in 2022, according to UNICEF.
- What is the highest government expenditure on education recorded in Iceland?
- The highest recorded value was 8.58 in 2020.
- What is the lowest government expenditure on education recorded in Iceland?
- The lowest recorded value was 4.26 in 1990.
- How does Iceland rank for government expenditure on education?
- Iceland ranks 3rd out of 68 countries with data for 2022.
- Is government expenditure on education rising or falling in Iceland?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from UNICEF, published as part of Government expenditure on education (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under UNICEF Terms of Use (attribution required).