Government expenditure on primary education, PPP$ in Iceland

Iceland: Government expenditure on primary education, PPP$ was 619.51 millions in 2022. ▲ Rising

Latest (2022)
619.51 millions
Change on year
up 13.8%
World rank
91st
of 138 countries
All-time high
619.51 millions
in 2022
All-time low
88.32 millions
in 1994
Years of data
28
1990–2022

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

02004006001990200620221990: 144.3 millions1993: 89.4 millions1994: 88.3 millions1996: 106.5 millions1999: 191.8 millions2000: 199.4 millions2001: 210.2 millions2002: 247.8 millions2003: 239.2 millions2004: 258.9 millions2005: 284.7 millions2006: 300.6 millions2007: 307.6 millions2008: 326.3 millions2009: 312.6 millions2010: 284.4 millions2011: 298.6 millions2012: 289.6 millions2013: 306.3 millions2014: 333.9 millions2015: 347.6 millions2016: 372.5 millions2017: 420.5 millions2018: 458.4 millions2019: 486.2 millions2020: 507.6 millions2021: 544.3 millions2022: 619.5 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2022, government expenditure on primary education, ppp$ in Iceland stood at 619.51 millions. That is the highest value across all 28 years on record.

The figure is up 13.8% on the previous year and up 113.9% over ten years.

Over the whole period, government expenditure on primary education, ppp$ in Iceland peaked at 619.51 millions in 2022 and was at its lowest, 88.32 millions, in 1994.

Iceland ranks 91st of 138 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, PPP$ in Iceland, year by year

Annual values for Government expenditure on primary education, PPP$ (millions) in Iceland, 1990 to 2022.
Year millions Change
1990 144.31 millions
1993 89.43 millions -38.0%
1994 88.32 millions -1.2%
1996 106.48 millions +20.6%
1999 191.81 millions +80.1%
2000 199.36 millions +3.9%
2001 210.23 millions +5.5%
2002 247.81 millions +17.9%
2003 239.18 millions -3.5%
2004 258.89 millions +8.2%
2005 284.66 millions +10.0%
2006 300.61 millions +5.6%
2007 307.65 millions +2.3%
2008 326.3 millions +6.1%
2009 312.6 millions -4.2%
2010 284.36 millions -9.0%
2011 298.56 millions +5.0%
2012 289.62 millions -3.0%
2013 306.29 millions +5.8%
2014 333.86 millions +9.0%
2015 347.61 millions +4.1%
2016 372.52 millions +7.2%
2017 420.55 millions +12.9%
2018 458.36 millions +9.0%
2019 486.15 millions +6.1%
2020 507.55 millions +4.4%
2021 544.33 millions +7.2%
2022 619.51 millions +13.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 124.07 millions 88.32 millions 191.81 millions 5
2000s 268.73 millions 199.36 millions 326.3 millions 10
2010s 359.79 millions 284.36 millions 486.15 millions 10
2020s 557.13 millions 507.55 millions 619.51 millions 3

Countries ranked near Iceland

  1. 88 Rwanda 661.94 millions compare
  2. 89 Jamaica 634.34 millions compare
  3. 90 Cameroon 623.64 millions compare
  4. 92 Sierra Leone 617.36 millions compare
  5. 93 Albania 607.07 millions compare
  6. 94 Republic of Moldova 533.65 millions compare

See the full ranking of 138 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is government expenditure on primary education, ppp$ in Iceland?
Government expenditure on primary education, ppp$ in Iceland was 619.51 millions in 2022, according to UNESCO Institute for Statistics.
What is the highest government expenditure on primary education, ppp$ recorded in Iceland?
The highest recorded value was 619.51 millions in 2022.
What is the lowest government expenditure on primary education, ppp$ recorded in Iceland?
The lowest recorded value was 88.32 millions in 1994.
How does Iceland rank for government expenditure on primary education, ppp$?
Iceland ranks 91st out of 138 countries with data for 2022.
Is government expenditure on primary education, ppp$ rising or falling in Iceland?
Over the last ten years it is up 113.9%. 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, PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on primary education, PPP$ in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 25 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-primary-education-ppp-millions-2/iceland/

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About this data

Indicator
Government expenditure on primary education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
138 places, 2,288 data points, 1990–2024
Last refreshed

February 2026 Data Release