Government expenditure per student, tertiary in Iceland

Iceland: Government expenditure per student, tertiary was 27.3% in 2016. ▼ Falling

Latest (2016)
27.3%
Change on year
up 10.2%
World rank
58th
of 111 countries
All-time high
38.0%
in 1999
All-time low
22.4%
in 2011
Years of data
18
1999–2016

Government expenditure per student, tertiary in Iceland, 1999–2016

0102030401999200720161999: 38 % of GDP per capita2000: 33.9 % of GDP per capita2001: 33.6 % of GDP per capita2002: 32.8 % of GDP per capita2003: 29.2 % of GDP per capita2004: 26.3 % of GDP per capita2005: 27.5 % of GDP per capita2006: 25.4 % of GDP per capita2007: 26 % of GDP per capita2008: 26.7 % of GDP per capita2009: 27.6 % of GDP per capita2010: 26.4 % of GDP per capita2011: 22.4 % of GDP per capita2012: 24.7 % of GDP per capita2013: 23.9 % of GDP per capita2014: 23.9 % of GDP per capita2015: 24.8 % of GDP per capita2016: 27.3 % of GDP per capita

Source: Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO). Measured in % of GDP per capita.

Analysis

The most recent figure for government expenditure per student, tertiary in Iceland is 27.3%, measured in 2016.

That represents a change of up 10.2% on the previous year and up 7.7% over ten years.

Over the whole period, government expenditure per student, tertiary in Iceland peaked at 38.0% in 1999 and was at its lowest, 22.4%, in 2011.

That places Iceland 58th out of 111 countries with data for 2016, putting it in the middle of the range.

The long-run direction has been consistently falling across the 18 years of available data.

Government expenditure per student, tertiary in Iceland, year by year

Annual values for Government expenditure per student, tertiary (% of GDP per capita) in Iceland, 1999 to 2016.
Year % of GDP per capita Change
1999 38.0%
2000 33.9% -10.8%
2001 33.6% -0.9%
2002 32.8% -2.4%
2003 29.2% -10.9%
2004 26.3% -9.9%
2005 27.5% +4.5%
2006 25.4% -7.9%
2007 26.0% +2.5%
2008 26.7% +2.8%
2009 27.6% +3.3%
2010 26.4% -4.3%
2011 22.4% -15.1%
2012 24.7% +10.4%
2013 23.9% -3.5%
2014 23.9% -0.1%
2015 24.8% +3.9%
2016 27.3% +10.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 38.0% 38.0% 38.0% 1
2000s 28.9% 25.4% 33.9% 10
2010s 24.8% 22.4% 27.3% 7

Countries ranked near Iceland

  1. 55 Mexico 29.7% compare
  2. 56 Slovakia 27.6% compare
  3. 57 Belize 27.3% compare
  4. 59 Portugal 26.9% compare
  5. 60 Republic of Moldova 26.6% compare
  6. 61 Cyprus 26.5% compare

See the full ranking of 126 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is government expenditure per student, tertiary in Iceland?
Government expenditure per student, tertiary in Iceland was 27.3% in 2016, according to Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO).
What is the highest government expenditure per student, tertiary recorded in Iceland?
The highest recorded value was 38.0% in 1999.
What is the lowest government expenditure per student, tertiary recorded in Iceland?
The lowest recorded value was 22.4% in 2011.
How does Iceland rank for government expenditure per student, tertiary?
Iceland ranks 58th out of 111 countries with data for 2016.
Is government expenditure per student, tertiary rising or falling in Iceland?
Over the last ten years it is up 7.7%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), published as part of Government expenditure per student, tertiary (% of GDP per capita). Statizoid updates them automatically from the source API.

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Government expenditure per student, tertiary in Iceland. Statizoid, drawing on Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO). Retrieved 06 September 2026, from https://education.statizoid.com/stat/government-expenditure-per-student-tertiary-percent-of-gdp-per-capita/iceland/

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About this data

Indicator
Government expenditure per student, tertiary (% of GDP per capita)
Unit
% of GDP per capita
Source
Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
126 places, 1,539 data points, 1984–2018
Last refreshed

Government expenditure per student is the average general government expenditure (current, capital, and transfers) per student in the given level of education, expressed as a percentage of GDP per capita.