Government expenditure on education, total in Iceland

Iceland: Government expenditure on education, total was 15.7% in 2022. ▲ Rising

Latest (2022)
15.7%
Change on year
down 5.6%
World rank
54th
of 193 countries
All-time high
17.4%
in 2019
All-time low
11.0%
in 1995
Years of data
30
1990–2022

Government expenditure on education, total in Iceland, 1990–2022

0510151990200620221990: 11.5 % of government expenditure1993: 11.8 % of government expenditure1994: 11.2 % of government expenditure1995: 11 % of government expenditure1996: 12.6 % of government expenditure1998: 16.6 % of government expenditure1999: 14.2 % of government expenditure2000: 14.3 % of government expenditure2001: 14.1 % of government expenditure2002: 16.1 % of government expenditure2003: 15.2 % of government expenditure2004: 15.3 % of government expenditure2005: 16.3 % of government expenditure2006: 16 % of government expenditure2007: 15.5 % of government expenditure2008: 11.1 % of government expenditure2009: 13.4 % of government expenditure2010: 14.2 % of government expenditure2011: 13.4 % of government expenditure2012: 15.9 % of government expenditure2013: 16.2 % of government expenditure2014: 16.7 % of government expenditure2015: 17.2 % of government expenditure2016: 16 % of government expenditure2017: 17.1 % of government expenditure2018: 17.2 % of government expenditure2019: 17.4 % of government expenditure2020: 16.8 % of government expenditure2021: 16.6 % of government expenditure2022: 15.7 % of government expenditure

Source: Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Measured in % of government expenditure.

Analysis

Iceland recorded 15.7% for government expenditure on education, total in 2022.

That represents a change of down 5.6% on the previous year and down 1.4% over ten years.

Over the whole period, government expenditure on education, total in Iceland peaked at 17.4% in 2019 and was at its lowest, 11.0%, in 1995.

That places Iceland 54th out of 193 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, total in Iceland, year by year

Annual values for Government expenditure on education, total (% of government expenditure) in Iceland, 1990 to 2022.
Year % of government expenditure Change
1990 11.5%
1993 11.8% +2.9%
1994 11.2% -5.4%
1995 11.0% -2.1%
1996 12.6% +15.0%
1998 16.6% +31.7%
1999 14.2% -14.6%
2000 14.3% +1.2%
2001 14.1% -1.4%
2002 16.1% +13.5%
2003 15.2% -5.6%
2004 15.3% +1.2%
2005 16.3% +6.3%
2006 16.0% -1.6%
2007 15.5% -3.3%
2008 11.1% -28.5%
2009 13.4% +20.9%
2010 14.2% +6.0%
2011 13.4% -5.6%
2012 15.9% +18.2%
2013 16.2% +2.0%
2014 16.7% +2.9%
2015 17.2% +2.9%
2016 16.0% -6.7%
2017 17.1% +6.7%
2018 17.2% +1.0%
2019 17.4% +1.1%
2020 16.8% -3.7%
2021 16.6% -1.2%
2022 15.7% -5.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.7% 11.0% 16.6% 7
2000s 14.7% 11.1% 16.3% 10
2010s 16.1% 13.4% 17.4% 10
2020s 16.3% 15.7% 16.8% 3

Countries ranked near Iceland

  1. 51 El Salvador 15.9% compare
  2. 52 Hong Kong, China 15.7% compare
  3. 53 Afghanistan 15.7% compare
  4. 55 Saudi Arabia 15.6% compare
  5. 56 Uruguay 15.6% compare
  6. 57 Algeria 15.5% compare

See the full ranking of 239 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is government expenditure on education, total in Iceland?
Government expenditure on education, total in Iceland was 15.7% in 2022, according to Data API, UN Educational, Scientific and Cultural Organization (UNESCO).
What is the highest government expenditure on education, total recorded in Iceland?
The highest recorded value was 17.4% in 2019.
What is the lowest government expenditure on education, total recorded in Iceland?
The lowest recorded value was 11.0% in 1995.
How does Iceland rank for government expenditure on education, total?
Iceland ranks 54th out of 193 countries with data for 2022.
Is government expenditure on education, total rising or falling in Iceland?
Over the last ten years it is down 1.4%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Data API, UN Educational, Scientific and Cultural Organization (UNESCO), published as part of Government expenditure on education, total (% of government expenditure). Statizoid updates them automatically from the source API.

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Government expenditure on education, total in Iceland. Statizoid, drawing on Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Retrieved 10 September 2026, from https://education.statizoid.com/stat/government-expenditure-on-education-total-percent-of-government-expenditure/iceland/

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About this data

Indicator
Government expenditure on education, total (% of government expenditure)
Unit
% of government expenditure
Source
Data API, UN Educational, Scientific and Cultural Organization (UNESCO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
239 places, 5,722 data points, 1980–2025
Last refreshed

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.