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

Iceland: Initial government funding per tertiary student, constant PPP$ was 17,580 in 2022. β–¬ Flat

Latest (2022)
17,580
Change on year
up 5.6%
World rank
19th
of 119 countries
All-time high
19,995
in 1999
All-time low
14,121
in 2011
Years of data
24
1999–2022

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

05.0k10.0k15.0k20.0k1999201020221999: 20.0k2000: 18.5k2001: 18.7k2002: 18.3k2003: 16.5k2004: 15.9k2005: 17.3k2006: 16.4k2007: 17.9k2008: 18.4k2009: 17.7k2010: 16.4k2011: 14.1k2012: 15.7k2013: 15.6k2014: 15.7k2015: 16.8k2016: 19.5k2017: 19.1k2018: 17.6k2019: 18.1k2020: 17.6k2021: 16.7k2022: 17.6k

Source: UNESCO Institute for Statistics.

Analysis

In 2022, initial government funding per tertiary student, constant ppp$ in Iceland stood at 17,580.

That represents a change of up 5.6% on the previous year and up 12.0% over ten years.

Over the whole period, initial government funding per tertiary student, constant ppp$ in Iceland peaked at 19,995 in 1999 and was at its lowest, 14,121, in 2011.

Iceland ranks 19th of 119 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 19,995 19,995 19,995 1
2000s 17,564 15,938 18,744 10
2010s 16,867 14,121 19,529 10
2020s 17,276 16,654 17,595 3

Countries ranked near Iceland

  1. 16 Macao Special Administrative Region, People's Republic of China 19,470 compare
  2. 17 Ireland 19,431 compare
  3. 18 Hong Kong Special Administrative Region, People's Republic of China 18,883 compare
  4. 20 Finland 16,125 compare
  5. 21 Slovak Republic 15,637 compare
  6. 22 Slovenia 14,855 compare

See the full ranking of 119 places β†’

More education data for Iceland

All data for Iceland β†’

Frequently asked questions

What is initial government funding per tertiary student, constant ppp$ in Iceland?
Initial government funding per tertiary student, constant ppp$ in Iceland was 17,580 in 2022, according to UNESCO Institute for Statistics.
What is the highest initial government funding per tertiary student, constant ppp$ recorded in Iceland?
The highest recorded value was 19,995 in 1999.
What is the lowest initial government funding per tertiary student, constant ppp$ recorded in Iceland?
The lowest recorded value was 14,121 in 2011.
How does Iceland rank for initial government funding per tertiary student, constant ppp$?
Iceland ranks 19th out of 119 countries with data for 2022.
Is initial government funding per tertiary student, constant ppp$ rising or falling in Iceland?
Over the last ten years it is up 12.0%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from UNESCO Institute for Statistics, published as part of Initial government funding per tertiary student, constant PPP$. Statizoid updates them automatically from the source API.

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Initial government funding per tertiary 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-tertiary-student-constant-ppp-2/iceland/

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About this data

Indicator
Initial government funding per tertiary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
119 places, 1,703 data points, 1970–2024
Last refreshed

February 2026 Data Release