Government expenditure on tertiary education, PPP$ in Iceland
Iceland: Government expenditure on tertiary education, PPP$ was 373 millions in 2022. ▲ Rising
Government expenditure on tertiary education, PPP$ in Iceland, 1990–2022
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
The most recent figure for government expenditure on tertiary education, ppp$ in Iceland is 373 millions, measured in 2022. That is the highest value across all 29 years on record.
The figure is up 14.1% on the previous year and up 88.3% over ten years.
Over the whole period, government expenditure on tertiary education, ppp$ in Iceland peaked at 373 millions in 2022 and was at its lowest, 32.65 millions, in 1990.
That places Iceland 97th out of 148 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Government expenditure on tertiary education, PPP$ in Iceland, year by year
| Year | millions | Change |
|---|---|---|
| 1990 | 32.65 millions | — |
| 1993 | 68.05 millions | +108.4% |
| 1994 | 59.43 millions | -12.7% |
| 1995 | 58.81 millions | -1.0% |
| 1996 | 57.06 millions | -3.0% |
| 1999 | 94.99 millions | +66.5% |
| 2000 | 97.44 millions | +2.6% |
| 2001 | 108.77 millions | +11.6% |
| 2002 | 123.63 millions | +13.7% |
| 2003 | 127.48 millions | +3.1% |
| 2004 | 138.12 millions | +8.3% |
| 2005 | 155.47 millions | +12.6% |
| 2006 | 156 millions | +0.3% |
| 2007 | 169.43 millions | +8.6% |
| 2008 | 192.43 millions | +13.6% |
| 2009 | 195.54 millions | +1.6% |
| 2010 | 188.52 millions | -3.6% |
| 2011 | 172.21 millions | -8.6% |
| 2012 | 198.06 millions | +15.0% |
| 2013 | 207.38 millions | +4.7% |
| 2014 | 216.38 millions | +4.3% |
| 2015 | 229.35 millions | +6.0% |
| 2016 | 265.52 millions | +15.8% |
| 2017 | 260.24 millions | -2.0% |
| 2018 | 248.38 millions | -4.6% |
| 2019 | 280.67 millions | +13.0% |
| 2020 | 299.1 millions | +6.6% |
| 2021 | 326.8 millions | +9.3% |
| 2022 | 373 millions | +14.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 61.83 millions | 32.65 millions | 94.99 millions | 6 |
| 2000s | 146.43 millions | 97.44 millions | 195.54 millions | 10 |
| 2010s | 226.67 millions | 172.21 millions | 280.67 millions | 10 |
| 2020s | 332.97 millions | 299.1 millions | 373 millions | 3 |
Countries ranked near Iceland
More education data for Iceland
- Start of the academic school year (tertiary education), gaps filled 2,022 tertiary education (2023)
- Start of the academic school year (tertiary education), annual growth 0.0495 % change on previous year (2023)
- 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)
Frequently asked questions
- What is government expenditure on tertiary education, ppp$ in Iceland?
- Government expenditure on tertiary education, ppp$ in Iceland was 373 millions in 2022, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on tertiary education, ppp$ recorded in Iceland?
- The highest recorded value was 373 millions in 2022.
- What is the lowest government expenditure on tertiary education, ppp$ recorded in Iceland?
- The lowest recorded value was 32.65 millions in 1990.
- How does Iceland rank for government expenditure on tertiary education, ppp$?
- Iceland ranks 97th out of 148 countries with data for 2022.
- Is government expenditure on tertiary education, ppp$ rising or falling in Iceland?
- Over the last ten years it is up 88.3%. 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 tertiary education, PPP$ (millions). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release