Initial household funding per tertiary student as a percentage of GDP in Iceland

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

Latest (2022)
0.9%
Change on year
up 77.2%
World rank
46th
of 52 countries
All-time high
1.0%
in 2019
All-time low
0.4%
in 2020
Years of data
5
2018–2022

Initial household funding per tertiary student as a percentage of GDP in Iceland, 2018–2022

00.20.40.60.812018202020222018: 0.542019: 0.9562020: 0.4052021: 0.4952022: 0.876

Source: UNESCO Institute for Statistics.

Analysis

Iceland recorded 0.9% for initial household funding per tertiary student as a percentage of gdp in 2022.

That represents a change of up 77.2% on the previous year and up 62.1% over five years.

That places Iceland 46th out of 52 countries with data for 2022, putting it in the bottom quarter.

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

Annual values for Initial household funding per tertiary student as a percentage of GDP per capita in Iceland, 2018 to 2022.
Year Value Change
2018 0.5%
2019 1.0% +76.9%
2020 0.4% -57.6%
2021 0.5% +22.1%
2022 0.9% +77.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.7% 0.5% 1.0% 2
2020s 0.6% 0.4% 0.9% 3

Countries ranked near Iceland

  1. 43 Italy 1.2% compare
  2. 44 Greece 1.1% compare
  3. 45 Türkiye 0.9% compare
  4. 47 Ireland 0.8%
  5. 48 Romania 0.3%
  6. 49 Belgium 0.0%

See the full ranking of 52 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is initial household funding per tertiary student as a percentage of gdp in Iceland?
Initial household funding per tertiary student as a percentage of gdp in Iceland was 0.9% in 2022, according to UNESCO Institute for Statistics.
What is the highest initial household funding per tertiary student as a percentage of gdp recorded in Iceland?
The highest recorded value was 1.0% in 2019.
What is the lowest initial household funding per tertiary student as a percentage of gdp recorded in Iceland?
The lowest recorded value was 0.4% in 2020.
How does Iceland rank for initial household funding per tertiary student as a percentage of gdp?
Iceland ranks 46th out of 52 countries with data for 2022.
Where does this Iceland data come from?
The figures come from UNESCO Institute for Statistics, published as part of Initial household funding per tertiary student as a percentage of GDP per capita. Statizoid updates them automatically from the source API.

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Initial household funding per tertiary student as a percentage of GDP in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 September 2026, from https://education.statizoid.com/stat/initial-household-funding-per-tertiary-student-as-a-percentage-of-gdp-per-capita-2/iceland/

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About this data

Indicator
Initial household funding per tertiary 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
52 places, 586 data points, 1998–2024
Last refreshed

February 2026 Data Release