Initial government funding per primary student, constant PPP$ in Iceland

Iceland: Initial government funding per primary student, constant PPP$ was 19,376 in 2022. β–² Rising

Latest (2022)
19,376
Change on year
up 2.6%
World rank
5th
of 122 countries
All-time high
19,376
in 2022
All-time low
11,255
in 1999
Years of data
24
1999–2022

Initial government funding per primary student, constant PPP$ in Iceland, 1999–2022

05.0k10.0k15.0k20.0k1999201020221999: 11.3k2000: 11.7k2001: 11.6k2002: 13.5k2003: 13.1k2004: 14.2k2005: 15.6k2006: 16.3k2007: 17.1k2008: 17.3k2009: 16.0k2010: 15.1k2011: 15.7k2012: 14.8k2013: 15.3k2014: 15.9k2015: 15.5k2016: 15.8k2017: 17.2k2018: 18.3k2019: 18.2k2020: 18.8k2021: 18.9k2022: 19.4k

Source: UNESCO Institute for Statistics.

Analysis

In 2022, initial government funding per primary student, constant ppp$ in Iceland stood at 19,376. That is the highest value across all 24 years on record.

The figure is up 2.6% on the previous year and up 30.7% over ten years.

Over the whole period, initial government funding per primary student, constant ppp$ in Iceland peaked at 19,376 in 2022 and was at its lowest, 11,255, in 1999.

Iceland ranks 5th of 122 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 11,255 11,255 11,255 1
2000s 14,649 11,607 17,338 10
2010s 16,156 14,823 18,256 10
2020s 19,025 18,808 19,376 3

Countries ranked near Iceland

  1. 2 Luxembourg 26,139 compare
  2. 3 Switzerland 22,052 compare
  3. 4 Korea 19,558 compare
  4. 6 Singapore 18,612 compare
  5. 7 Austria 16,668 compare
  6. 8 Norway 16,202 compare

See the full ranking of 122 places β†’

More education data for Iceland

All data for Iceland β†’

Frequently asked questions

What is initial government funding per primary student, constant ppp$ in Iceland?
Initial government funding per primary student, constant ppp$ in Iceland was 19,376 in 2022, according to UNESCO Institute for Statistics.
What is the highest initial government funding per primary student, constant ppp$ recorded in Iceland?
The highest recorded value was 19,376 in 2022.
What is the lowest initial government funding per primary student, constant ppp$ recorded in Iceland?
The lowest recorded value was 11,255 in 1999.
How does Iceland rank for initial government funding per primary student, constant ppp$?
Iceland ranks 5th out of 122 countries with data for 2022.
Is initial government funding per primary student, constant ppp$ rising or falling in Iceland?
Over the last ten years it is up 30.7%. 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 Initial government funding per primary student, constant PPP$. Statizoid updates them automatically from the source API.

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Initial government funding per primary student, constant PPP$ in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 19 August 2026, from https://education.statizoid.com/stat/initial-government-funding-per-primary-student-constant-ppp-2/iceland/

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About this data

Indicator
Initial government funding per primary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
122 places, 1,818 data points, 1997–2024
Last refreshed

February 2026 Data Release