Government expenditure on primary education, constant PPP$ in Iceland

Iceland: Government expenditure on primary education, constant PPP$ was 630.46 millions in 2022. ▲ Rising

Latest (2022)
630.46 millions
Change on year
up 1.5%
World rank
92nd
of 136 countries
All-time high
630.46 millions
in 2022
All-time low
166.47 millions
in 1994
Years of data
28
1990–2022

Government expenditure on primary education, constant PPP$ in Iceland, 1990–2022

2003004005006001990200620221990: 300.7 millions1993: 172.2 millions1994: 166.5 millions1996: 197.6 millions1999: 341.6 millions2000: 364.9 millions2001: 368.9 millions2002: 423.9 millions2003: 413.8 millions2004: 439.4 millions2005: 481.6 millions2006: 496.6 millions2007: 514.4 millions2008: 519.2 millions2009: 478.1 millions2010: 445.5 millions2011: 461.3 millions2012: 438.4 millions2013: 454.2 millions2014: 480.7 millions2015: 483.5 millions2016: 499.9 millions2017: 552.1 millions2018: 597.7 millions2019: 597 millions2020: 619 millions2021: 621.2 millions2022: 630.5 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2022, government expenditure on primary education, constant ppp$ in Iceland stood at 630.46 millions. That is the highest value across all 28 years on record.

The figure is up 1.5% on the previous year and up 43.8% over ten years.

Over the whole period, government expenditure on primary education, constant ppp$ in Iceland peaked at 630.46 millions in 2022 and was at its lowest, 166.47 millions, in 1994.

Iceland ranks 92nd of 136 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 28 years of available data.

Government expenditure on primary education, constant PPP$ in Iceland, year by year

Annual values for Government expenditure on primary education, constant PPP$ (millions) in Iceland, 1990 to 2022.
Year millions Change
1990 300.72 millions
1993 172.16 millions -42.8%
1994 166.47 millions -3.3%
1996 197.61 millions +18.7%
1999 341.64 millions +72.9%
2000 364.93 millions +6.8%
2001 368.95 millions +1.1%
2002 423.86 millions +14.9%
2003 413.79 millions -2.4%
2004 439.42 millions +6.2%
2005 481.65 millions +9.6%
2006 496.58 millions +3.1%
2007 514.43 millions +3.6%
2008 519.18 millions +0.9%
2009 478.08 millions -7.9%
2010 445.46 millions -6.8%
2011 461.34 millions +3.6%
2012 438.45 millions -5.0%
2013 454.22 millions +3.6%
2014 480.71 millions +5.8%
2015 483.48 millions +0.6%
2016 499.86 millions +3.4%
2017 552.08 millions +10.4%
2018 597.71 millions +8.3%
2019 596.99 millions -0.1%
2020 619.02 millions +3.7%
2021 621.22 millions +0.4%
2022 630.46 millions +1.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 235.72 millions 166.47 millions 341.64 millions 5
2000s 450.09 millions 364.93 millions 519.18 millions 10
2010s 501.03 millions 438.45 millions 597.71 millions 10
2020s 623.57 millions 619.02 millions 630.46 millions 3

Countries ranked near Iceland

  1. 89 Mongolia 659.77 millions compare
  2. 90 Sierra Leone 639.58 millions compare
  3. 91 Rwanda 638.95 millions compare
  4. 93 Jamaica 612.3 millions compare
  5. 94 Albania 607.07 millions compare
  6. 95 Benin 588.24 millions compare

See the full ranking of 136 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is government expenditure on primary education, constant ppp$ in Iceland?
Government expenditure on primary education, constant ppp$ in Iceland was 630.46 millions in 2022, according to UNESCO Institute for Statistics.
What is the highest government expenditure on primary education, constant ppp$ recorded in Iceland?
The highest recorded value was 630.46 millions in 2022.
What is the lowest government expenditure on primary education, constant ppp$ recorded in Iceland?
The lowest recorded value was 166.47 millions in 1994.
How does Iceland rank for government expenditure on primary education, constant ppp$?
Iceland ranks 92nd out of 136 countries with data for 2022.
Is government expenditure on primary education, constant ppp$ rising or falling in Iceland?
Over the last ten years it is up 43.8%. 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 primary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on primary education, constant PPP$ in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 26 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-primary-education-constant-ppp-millions-2/iceland/

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About this data

Indicator
Government expenditure on primary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
136 places, 2,273 data points, 1990–2024
Last refreshed

February 2026 Data Release