Government expenditure on primary education, constant US$ in Iceland

Iceland: Government expenditure on primary education, constant US$ was 657.54 millions in 2022. ▲ Rising

Latest (2022)
657.54 millions
Change on year
up 1.5%
World rank
72nd
of 148 countries
All-time high
657.54 millions
in 2022
All-time low
173.62 millions
in 1994
Years of data
28
1990–2022

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

2003004005006007001990200620221990: 313.6 millions1993: 179.6 millions1994: 173.6 millions1996: 206.1 millions1999: 356.3 millions2000: 380.6 millions2001: 384.8 millions2002: 442.1 millions2003: 431.6 millions2004: 458.3 millions2005: 502.3 millions2006: 517.9 millions2007: 536.5 millions2008: 541.5 millions2009: 498.6 millions2010: 464.6 millions2011: 481.2 millions2012: 457.3 millions2013: 473.7 millions2014: 501.4 millions2015: 504.2 millions2016: 521.3 millions2017: 575.8 millions2018: 623.4 millions2019: 622.6 millions2020: 645.6 millions2021: 647.9 millions2022: 657.5 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2022, government expenditure on primary education, constant us$ in Iceland stood at 657.54 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 us$ in Iceland peaked at 657.54 millions in 2022 and was at its lowest, 173.62 millions, in 1994.

Iceland ranks 72nd of 148 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 US$ in Iceland, year by year

Annual values for Government expenditure on primary education, constant US$ (millions) in Iceland, 1990 to 2022.
Year millions Change
1990 313.64 millions
1993 179.55 millions -42.8%
1994 173.62 millions -3.3%
1996 206.1 millions +18.7%
1999 356.31 millions +72.9%
2000 380.61 millions +6.8%
2001 384.8 millions +1.1%
2002 442.07 millions +14.9%
2003 431.57 millions -2.4%
2004 458.29 millions +6.2%
2005 502.34 millions +9.6%
2006 517.91 millions +3.1%
2007 536.53 millions +3.6%
2008 541.48 millions +0.9%
2009 498.62 millions -7.9%
2010 464.6 millions -6.8%
2011 481.16 millions +3.6%
2012 457.28 millions -5.0%
2013 473.73 millions +3.6%
2014 501.36 millions +5.8%
2015 504.25 millions +0.6%
2016 521.34 millions +3.4%
2017 575.79 millions +10.4%
2018 623.38 millions +8.3%
2019 622.63 millions -0.1%
2020 645.61 millions +3.7%
2021 647.91 millions +0.4%
2022 657.54 millions +1.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 245.85 millions 173.62 millions 356.31 millions 5
2000s 469.42 millions 380.61 millions 541.48 millions 10
2010s 522.55 millions 457.28 millions 623.38 millions 10
2020s 650.35 millions 645.61 millions 657.54 millions 3

Countries ranked near Iceland

  1. 69 Qatar 725.24 millions compare
  2. 70 Honduras 701.37 millions compare
  3. 71 Tunisia 686.24 millions compare
  4. 73 Estonia 652.74 millions compare
  5. 74 Lithuania 604.95 millions compare
  6. 75 Paraguay 590.27 millions compare

See the full ranking of 148 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is government expenditure on primary education, constant us$ in Iceland?
Government expenditure on primary education, constant us$ in Iceland was 657.54 millions in 2022, according to UNESCO Institute for Statistics.
What is the highest government expenditure on primary education, constant us$ recorded in Iceland?
The highest recorded value was 657.54 millions in 2022.
What is the lowest government expenditure on primary education, constant us$ recorded in Iceland?
The lowest recorded value was 173.62 millions in 1994.
How does Iceland rank for government expenditure on primary education, constant us$?
Iceland ranks 72nd out of 148 countries with data for 2022.
Is government expenditure on primary education, constant us$ 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 US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on primary education, constant US$ in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 27 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-primary-education-constant-us-millions-2/iceland/

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About this data

Indicator
Government expenditure on primary education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
148 places, 3,227 data points, 1970–2024
Last refreshed

February 2026 Data Release