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

Iceland: Initial household funding per secondary student as a percentage of was 0.9% in 2022. ▲ Rising

Latest (2022)
0.9%
Change on year
down 9.7%
World rank
42nd
of 50 countries
All-time high
1.7%
in 2018
All-time low
0.5%
in 2010
Years of data
13
2007–2022

Initial household funding per secondary student as a percentage of in Iceland, 2007–2022

0.50.7511.21.51.82007201420222007: 0.9032008: 0.7642009: 0.7162010: 0.5162011: 0.6942012: 0.6232013: 0.6352014: 0.7032018: 1.72019: 1.12020: 1.12021: 12022: 0.945

Source: UNESCO Institute for Statistics.

Analysis

In 2022, initial household funding per secondary student as a percentage of in Iceland stood at 0.9%.

Compared with earlier readings it is down 9.7% on the previous year and up 51.7% over ten years.

Over the whole period, initial household funding per secondary student as a percentage of in Iceland peaked at 1.7% in 2018 and was at its lowest, 0.5%, in 2010.

That places Iceland 42nd out of 50 countries with data for 2022, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 13 years of available data.

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

Annual values for Initial household funding per secondary student as a percentage of GDP per capita in Iceland, 2007 to 2022.
Year Value Change
2007 0.9%
2008 0.8% -15.5%
2009 0.7% -6.2%
2010 0.5% -27.9%
2011 0.7% +34.4%
2012 0.6% -10.3%
2013 0.6% +1.8%
2014 0.7% +10.7%
2018 1.7% +140.5%
2019 1.1% -37.5%
2020 1.1% +8.7%
2021 1.0% -8.9%
2022 0.9% -9.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.8% 0.7% 0.9% 3
2010s 0.8% 0.5% 1.7% 7
2020s 1.0% 0.9% 1.1% 3

Countries ranked near Iceland

  1. 39 Latvia 1.2% compare
  2. 40 Netherlands 1.2% compare
  3. 41 Czechia 1.2% compare
  4. 43 Lithuania 0.9% compare
  5. 44 Italy 0.9% compare
  6. 45 Ukraine 0.9% compare

See the full ranking of 50 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is initial household funding per secondary student as a percentage of in Iceland?
Initial household funding per secondary student as a percentage of in Iceland was 0.9% in 2022, according to UNESCO Institute for Statistics.
What is the highest initial household funding per secondary student as a percentage of recorded in Iceland?
The highest recorded value was 1.7% in 2018.
What is the lowest initial household funding per secondary student as a percentage of recorded in Iceland?
The lowest recorded value was 0.5% in 2010.
How does Iceland rank for initial household funding per secondary student as a percentage of?
Iceland ranks 42nd out of 50 countries with data for 2022.
Is initial household funding per secondary student as a percentage of rising or falling in Iceland?
Over the last ten years it is up 51.7%. 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 household funding per secondary student as a percentage of GDP per capita. Statizoid updates them automatically from the source API.

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Initial household funding per secondary student as a percentage of in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 07 September 2026, from https://education.statizoid.com/stat/initial-household-funding-per-secondary-student-as-a-percentage-of-gdp-per-capita-2/iceland/

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About this data

Indicator
Initial household 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
50 places, 626 data points, 1999–2024
Last refreshed

February 2026 Data Release