Government expenditure on education, US$ in Iceland
Iceland: Government expenditure on education, US$ was 2,097 millions in 2022. ◆ Volatile
Government expenditure on education, US$ in Iceland, 1990–2022
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
In 2022, government expenditure on education, us$ in Iceland stood at 2,097 millions.
That represents a change of down 1.1% on the previous year and up 87.5% over ten years.
Over the whole period, government expenditure on education, us$ in Iceland peaked at 2,120 millions in 2021 and was at its lowest, 275.48 millions, in 1990.
That places Iceland 84th out of 181 countries with data for 2022, putting it 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, US$ in Iceland, year by year
| Year | millions | Change |
|---|---|---|
| 1990 | 275.48 millions | — |
| 1993 | 319.73 millions | +16.1% |
| 1994 | 303.86 millions | -5.0% |
| 1995 | 340.55 millions | +12.1% |
| 1996 | 387.52 millions | +13.8% |
| 1998 | 576.88 millions | +48.9% |
| 1999 | 577.91 millions | +0.2% |
| 2000 | 580.48 millions | +0.4% |
| 2001 | 552.22 millions | -4.9% |
| 2002 | 680.14 millions | +23.2% |
| 2003 | 828.07 millions | +21.7% |
| 2004 | 990.05 millions | +19.6% |
| 2005 | 1,237 millions | +24.9% |
| 2006 | 1,257 millions | +1.6% |
| 2007 | 1,504 millions | +19.7% |
| 2008 | 1,272 millions | -15.4% |
| 2009 | 945.78 millions | -25.6% |
| 2010 | 954.91 millions | +1.0% |
| 2011 | 1,034 millions | +8.2% |
| 2012 | 1,118 millions | +8.2% |
| 2013 | 1,201 millions | +7.4% |
| 2014 | 1,365 millions | +13.7% |
| 2015 | 1,306 millions | -4.3% |
| 2016 | 1,545 millions | +18.3% |
| 2017 | 1,875 millions | +21.4% |
| 2018 | 1,986 millions | +5.9% |
| 2019 | 1,876 millions | -5.5% |
| 2020 | 1,857 millions | -1.0% |
| 2021 | 2,120 millions | +14.2% |
| 2022 | 2,097 millions | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 397.42 millions | 275.48 millions | 577.91 millions | 7 |
| 2000s | 984.55 millions | 552.22 millions | 1,504 millions | 10 |
| 2010s | 1,426 millions | 954.91 millions | 1,986 millions | 10 |
| 2020s | 2,025 millions | 1,857 millions | 2,120 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, us$ in Iceland?
- Government expenditure on education, us$ in Iceland was 2,097 millions in 2022, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on education, us$ recorded in Iceland?
- The highest recorded value was 2,120 millions in 2021.
- What is the lowest government expenditure on education, us$ recorded in Iceland?
- The lowest recorded value was 275.48 millions in 1990.
- How does Iceland rank for government expenditure on education, us$?
- Iceland ranks 84th out of 181 countries with data for 2022.
- Is government expenditure on education, us$ rising or falling in Iceland?
- Over the last ten years it is up 87.5%. 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, US$ (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