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

Iceland: Initial government funding per secondary student, constant PPP$ was 14,996 in 2022. ▲ Rising

Latest (2022)
14,996
Change on year
down 3.3%
World rank
13th
of 111 countries
All-time high
16,681
in 2019
All-time low
9,794
in 1999
Years of data
24
1999–2022

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

05.0k10.0k15.0k1999201020221999: 9.8k2000: 10.0k2001: 11.6k2002: 12.0k2003: 11.9k2004: 13.4k2005: 13.9k2006: 14.2k2007: 14.2k2008: 14.1k2009: 13.4k2010: 12.0k2011: 12.4k2012: 11.3k2013: 11.9k2014: 12.7k2015: 13.8k2016: 13.9k2017: 14.9k2018: 16.4k2019: 16.7k2020: 16.3k2021: 15.5k2022: 15.0k

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for initial government funding per secondary student, constant ppp$ in Iceland is 14,996, measured in 2022.

The figure is down 3.3% on the previous year and up 32.4% over ten years.

Over the whole period, initial government funding per secondary student, constant ppp$ in Iceland peaked at 16,681 in 2019 and was at its lowest, 9,794, in 1999.

Iceland ranks 13th of 111 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 9,794 9,794 9,794 1
2000s 12,850 9,962 14,214 10
2010s 13,589 11,324 16,681 10
2020s 15,592 14,996 16,278 3

Countries ranked near Iceland

  1. 10 United States of America 16,852 compare
  2. 11 Malta 16,447 compare
  3. 12 Belgium 16,032 compare
  4. 14 Sweden 14,948 compare
  5. 15 Finland 14,915 compare
  6. 16 Denmark 14,676 compare

See the full ranking of 111 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is initial government funding per secondary student, constant ppp$ in Iceland?
Initial government funding per secondary student, constant ppp$ in Iceland was 14,996 in 2022, according to UNESCO Institute for Statistics.
What is the highest initial government funding per secondary student, constant ppp$ recorded in Iceland?
The highest recorded value was 16,681 in 2019.
What is the lowest initial government funding per secondary student, constant ppp$ recorded in Iceland?
The lowest recorded value was 9,794 in 1999.
How does Iceland rank for initial government funding per secondary student, constant ppp$?
Iceland ranks 13th out of 111 countries with data for 2022.
Is initial government funding per secondary student, constant ppp$ rising or falling in Iceland?
Over the last ten years it is up 32.4%. 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, constant PPP$. Statizoid updates them automatically from the source API.

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Initial government funding per secondary student, constant PPP$ in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 22 August 2026, from https://education.statizoid.com/stat/initial-government-funding-per-secondary-student-constant-ppp-2/iceland/

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About this data

Indicator
Initial government funding per secondary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
111 places, 1,651 data points, 1971–2024
Last refreshed

February 2026 Data Release