Initial government funding per secondary student as a percentage of in Iceland

Iceland: Initial government funding per secondary student as a percentage of was 20.1% in 2022. ▲ Rising

Latest (2022)
20.1%
Change on year
down 9.0%
World rank
46th
of 115 countries
All-time high
23.9%
in 2020
All-time low
17.8%
in 2012
Years of data
24
1999–2022

Initial government funding per secondary student as a percentage of in Iceland, 1999–2022

05101520251999201020221999: 18.62000: 18.32001: 20.62002: 21.42003: 212004: 22.12005: 222006: 21.72007: 20.52008: 20.32009: 20.92010: 19.32011: 19.52012: 17.82013: 182014: 19.22015: 20.22016: 19.32017: 20.42018: 21.92019: 22.42020: 23.92021: 22.12022: 20.1

Source: UNESCO Institute for Statistics.

Analysis

In 2022, initial government funding per secondary student as a percentage of in Iceland stood at 20.1%.

The figure is down 9.0% on the previous year and up 12.7% over ten years.

Over the whole period, initial government funding per secondary student as a percentage of in Iceland peaked at 23.9% in 2020 and was at its lowest, 17.8%, in 2012.

That places Iceland 46th out of 115 countries with data for 2022, putting it in the middle of the range.

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

Initial government funding per secondary student as a percentage of in Iceland, year by year

Annual values for Initial government funding per secondary student as a percentage of GDP per capita in Iceland, 1999 to 2022.
Year Value Change
1999 18.6%
2000 18.3% -1.8%
2001 20.6% +13.0%
2002 21.4% +3.9%
2003 21.0% -2.3%
2004 22.1% +5.6%
2005 22.0% -0.6%
2006 21.7% -1.4%
2007 20.5% -5.6%
2008 20.3% -0.7%
2009 20.9% +2.7%
2010 19.3% -7.5%
2011 19.5% +1.1%
2012 17.8% -8.8%
2013 18.0% +1.1%
2014 19.2% +6.8%
2015 20.2% +4.8%
2016 19.3% -4.1%
2017 20.4% +5.4%
2018 21.9% +7.8%
2019 22.4% +2.3%
2020 23.9% +6.6%
2021 22.1% -7.8%
2022 20.1% -9.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 18.6% 18.6% 18.6% 1
2000s 20.9% 18.3% 22.1% 10
2010s 19.8% 17.8% 22.4% 10
2020s 22.0% 20.1% 23.9% 3

Countries ranked near Iceland

  1. 43 Puerto Rico 20.4% compare
  2. 44 Rwanda 20.3% compare
  3. 45 Denmark 20.2% compare
  4. 47 Costa Rica 20.1% compare
  5. 48 Spain 20.1% compare
  6. 49 San Marino 19.7% compare

See the full ranking of 115 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is initial government funding per secondary student as a percentage of in Iceland?
Initial government funding per secondary student as a percentage of in Iceland was 20.1% in 2022, according to UNESCO Institute for Statistics.
What is the highest initial government funding per secondary student as a percentage of recorded in Iceland?
The highest recorded value was 23.9% in 2020.
What is the lowest initial government funding per secondary student as a percentage of recorded in Iceland?
The lowest recorded value was 17.8% in 2012.
How does Iceland rank for initial government funding per secondary student as a percentage of?
Iceland ranks 46th out of 115 countries with data for 2022.
Is initial government funding per secondary student as a percentage of rising or falling in Iceland?
Over the last ten years it is up 12.7%. 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 secondary student as a percentage of GDP per capita. Statizoid updates them automatically from the source API.

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Initial government funding per secondary student as a percentage of in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 06 September 2026, from https://education.statizoid.com/stat/initial-government-funding-per-secondary-student-as-a-percentage-of-gdp-per-capita-2/iceland/

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About this data

Indicator
Initial government funding per secondary student as a percentage of GDP per capita
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
115 places, 1,678 data points, 1971–2024
Last refreshed

February 2026 Data Release