Government expenditure on education, PPP$ (millions) (expenditure PPP) in Iceland
Iceland: Government expenditure on education, PPP$ (millions) (expenditure PPP) was 2,050 millions in 2022. ◆ Volatile
Government expenditure on education, PPP$ in Iceland, 1990–2022
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
In 2022, government expenditure on education, ppp$ in Iceland stood at 2,050 millions. That is the highest value across all 30 years on record.
That represents a change of up 8.6% on the previous year and up 100.7% over ten years.
Over the whole period, government expenditure on education, ppp$ in Iceland peaked at 2,050 millions in 2022 and was at its lowest, 238.43 millions, in 1990.
Iceland ranks 105th of 169 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Government expenditure on education, PPP$ (millions) (expenditure PPP) in Iceland, year by year
| Year | millions | Change |
|---|---|---|
| 1990 | 238.43 millions | — |
| 1993 | 304.35 millions | +27.7% |
| 1994 | 297.89 millions | -2.1% |
| 1995 | 306.09 millions | +2.8% |
| 1996 | 347.56 millions | +13.5% |
| 1998 | 533.95 millions | +53.6% |
| 1999 | 527.5 millions | -1.2% |
| 2000 | 538.64 millions | +2.1% |
| 2001 | 609.32 millions | +13.1% |
| 2002 | 684.29 millions | +12.3% |
| 2003 | 685.94 millions | +0.2% |
| 2004 | 744.97 millions | +8.6% |
| 2005 | 812.73 millions | +9.1% |
| 2006 | 867.75 millions | +6.8% |
| 2007 | 897.31 millions | +3.4% |
| 2008 | 976.59 millions | +8.8% |
| 2009 | 958.64 millions | -1.8% |
| 2010 | 878.31 millions | -8.4% |
| 2011 | 886.73 millions | +1.0% |
| 2012 | 1,021 millions | +15.2% |
| 2013 | 1,071 millions | +4.9% |
| 2014 | 1,151 millions | +7.4% |
| 2015 | 1,214 millions | +5.5% |
| 2016 | 1,333 millions | +9.8% |
| 2017 | 1,449 millions | +8.7% |
| 2018 | 1,526 millions | +5.3% |
| 2019 | 1,659 millions | +8.7% |
| 2020 | 1,755 millions | +5.8% |
| 2021 | 1,888 millions | +7.6% |
| 2022 | 2,050 millions | +8.6% |
Iceland compared with similar countries
- Iceland's 2,050 millions is below the median for high income countries, which is 12,076 millions, 17% of the median. (62 countries reporting)
- Iceland's 2,050 millions is below the median for Europe & Central Asia, which is 14,470 millions, 14% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Government expenditure on education, PPP$ (millions) (expenditure PPP) in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +53.6% | 347.56 millions | 533.95 millions |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 365.11 millions | 238.43 millions | 533.95 millions | 7 |
| 2000s | 777.62 millions | 538.64 millions | 976.59 millions | 10 |
| 2010s | 1,219 millions | 878.31 millions | 1,659 millions | 10 |
| 2020s | 1,898 millions | 1,755 millions | 2,050 millions | 3 |
Countries ranked near Iceland
- 102 Lebanon 2,281 millions compare
- 103 Rwanda 2,189 millions compare
- 104 Mozambique 2,073 millions compare
- 106 Kyrgyzstan 2,031 millions compare
- 107 Dominican Republic 1,926 millions compare
- 108 Uganda 1,847 millions compare
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 government expenditure on education, ppp$ in Iceland?
- Government expenditure on education, ppp$ in Iceland was 2,050 millions in 2022, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on education, ppp$ recorded in Iceland?
- The highest recorded value was 2,050 millions in 2022.
- What is the lowest government expenditure on education, ppp$ recorded in Iceland?
- The lowest recorded value was 238.43 millions in 1990.
- How does Iceland rank for government expenditure on education, ppp$?
- Iceland ranks 105th out of 169 countries with data for 2022.
- Is government expenditure on education, ppp$ rising or falling in Iceland?
- Over the last ten years it is up 100.7%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, PPP$ (millions). Statizoid updates them automatically from the source API.
Download this data
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