Government expenditure on primary education, US$ in Iceland

Iceland: Government expenditure on primary education, US$ was 633.81 millions in 2022. ▲ Rising

Latest (2022)
633.81 millions
Change on year
up 3.7%
World rank
75th
of 154 countries
All-time high
633.81 millions
in 2022
All-time low
90.09 millions
in 1994
Years of data
28
1990–2022

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

02004006001990200620221990: 166.7 millions1993: 93.9 millions1994: 90.1 millions1996: 118.7 millions1999: 210.1 millions2000: 214.8 millions2001: 190.5 millions2002: 246.3 millions2003: 288.7 millions2004: 344.1 millions2005: 433.2 millions2006: 435.3 millions2007: 515.5 millions2008: 424.9 millions2009: 308.4 millions2010: 309.2 millions2011: 348 millions2012: 317.1 millions2013: 343.5 millions2014: 396.1 millions2015: 374 millions2016: 431.8 millions2017: 544.3 millions2018: 596.6 millions2019: 549.8 millions2020: 536.9 millions2021: 611.2 millions2022: 633.8 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Iceland recorded 633.81 millions for government expenditure on primary education, us$ in 2022. That is the highest value across all 28 years on record.

That represents a change of up 3.7% on the previous year and up 99.9% over ten years.

Over the whole period, government expenditure on primary education, us$ in Iceland peaked at 633.81 millions in 2022 and was at its lowest, 90.09 millions, in 1994.

Iceland ranks 75th of 154 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, US$ in Iceland, year by year

Annual values for Government expenditure on primary education, US$ (millions) in Iceland, 1990 to 2022.
Year millions Change
1990 166.74 millions
1993 93.95 millions -43.7%
1994 90.09 millions -4.1%
1996 118.72 millions +31.8%
1999 210.13 millions +77.0%
2000 214.84 millions +2.2%
2001 190.53 millions -11.3%
2002 246.31 millions +29.3%
2003 288.74 millions +17.2%
2004 344.06 millions +19.2%
2005 433.18 millions +25.9%
2006 435.34 millions +0.5%
2007 515.52 millions +18.4%
2008 424.92 millions -17.6%
2009 308.4 millions -27.4%
2010 309.16 millions +0.2%
2011 347.99 millions +12.6%
2012 317.13 millions -8.9%
2013 343.5 millions +8.3%
2014 396.13 millions +15.3%
2015 374 millions -5.6%
2016 431.78 millions +15.4%
2017 544.3 millions +26.1%
2018 596.63 millions +9.6%
2019 549.84 millions -7.8%
2020 536.9 millions -2.4%
2021 611.19 millions +13.8%
2022 633.81 millions +3.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 135.92 millions 90.09 millions 210.13 millions 5
2000s 340.18 millions 190.53 millions 515.52 millions 10
2010s 421.05 millions 309.16 millions 596.63 millions 10
2020s 593.97 millions 536.9 millions 633.81 millions 3

Countries ranked near Iceland

  1. 72 Qatar 693.96 millions compare
  2. 73 Ethiopia 668.24 millions compare
  3. 74 Zambia 649.93 millions compare
  4. 76 Estonia 588.32 millions compare
  5. 77 Paraguay 583.8 millions compare
  6. 78 Myanmar 545.34 millions compare

See the full ranking of 154 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is government expenditure on primary education, us$ in Iceland?
Government expenditure on primary education, us$ in Iceland was 633.81 millions in 2022, according to UNESCO Institute for Statistics.
What is the highest government expenditure on primary education, us$ recorded in Iceland?
The highest recorded value was 633.81 millions in 2022.
What is the lowest government expenditure on primary education, us$ recorded in Iceland?
The lowest recorded value was 90.09 millions in 1994.
How does Iceland rank for government expenditure on primary education, us$?
Iceland ranks 75th out of 154 countries with data for 2022.
Is government expenditure on primary education, us$ rising or falling in Iceland?
Over the last ten years it is up 99.9%. 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, US$ (millions). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Government expenditure on primary education, US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
154 places, 3,328 data points, 1970–2024
Last refreshed

February 2026 Data Release