Initial private expenditure on education (household) as a percentage in Iceland

Iceland: Initial private expenditure on education (household) as a percentage was 0.4% in 2022. ▲ Rising

Latest (2022)
0.4%
Change on year
down 36.7%
World rank
61st
of 87 countries
All-time high
0.8%
in 2018
All-time low
0.2%
in 2009
Years of data
16
2007–2022

Initial private expenditure on education (household) as a percentage in Iceland, 2007–2022

0.20.40.60.82007201420222007: 0.286 %2008: 0.204 %2009: 0.155 %2010: 0.592 %2011: 0.597 %2012: 0.622 %2013: 0.632 %2014: 0.635 %2015: 0.61 %2016: 0.592 %2017: 0.585 %2018: 0.804 %2019: 0.663 %2020: 0.717 %2021: 0.677 %2022: 0.428 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

The most recent figure for initial private expenditure on education (household) as a percentage in Iceland is 0.4%, measured in 2022.

The figure is down 36.7% on the previous year and down 31.2% over ten years.

Over the whole period, initial private expenditure on education (household) as a percentage in Iceland peaked at 0.8% in 2018 and was at its lowest, 0.2%, in 2009.

That places Iceland 61st out of 87 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently rising across the 16 years of available data.

Initial private expenditure on education (household) as a percentage in Iceland, year by year

Annual values for Initial private expenditure on education (household) as a percentage of GDP (%) in Iceland, 2007 to 2022.
Year % Change
2007 0.3%
2008 0.2% -28.8%
2009 0.2% -23.7%
2010 0.6% +281.1%
2011 0.6% +0.9%
2012 0.6% +4.2%
2013 0.6% +1.6%
2014 0.6% +0.5%
2015 0.6% -3.9%
2016 0.6% -2.9%
2017 0.6% -1.1%
2018 0.8% +37.4%
2019 0.7% -17.6%
2020 0.7% +8.3%
2021 0.7% -5.7%
2022 0.4% -36.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.2% 0.2% 0.3% 3
2010s 0.6% 0.6% 0.8% 10
2020s 0.6% 0.4% 0.7% 3

Countries ranked near Iceland

  1. 58 Ireland 0.5% compare
  2. 59 Denmark 0.5% compare
  3. 60 Slovakia 0.4% compare
  4. 62 Germany 0.4% compare
  5. 63 Türkiye 0.4% compare
  6. 64 Lithuania 0.3% compare

See the full ranking of 87 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is initial private expenditure on education (household) as a percentage in Iceland?
Initial private expenditure on education (household) as a percentage in Iceland was 0.4% in 2022, according to UNESCO Institute for Statistics.
What is the highest initial private expenditure on education (household) as a percentage recorded in Iceland?
The highest recorded value was 0.8% in 2018.
What is the lowest initial private expenditure on education (household) as a percentage recorded in Iceland?
The lowest recorded value was 0.2% in 2009.
How does Iceland rank for initial private expenditure on education (household) as a percentage?
Iceland ranks 61st out of 87 countries with data for 2022.
Is initial private expenditure on education (household) as a percentage rising or falling in Iceland?
Over the last ten years it is down 31.2%. 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 private expenditure on education (household) as a percentage of GDP (%). Statizoid updates them automatically from the source API.

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Initial private expenditure on education (household) as a percentage in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 10 September 2026, from https://education.statizoid.com/stat/initial-private-expenditure-on-education-household-as-a-percentage-of-gdp-percent/iceland/

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About this data

Indicator
Initial private expenditure on education (household) as a percentage of GDP (%)
Unit
%
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
87 places, 1,097 data points, 1998–2024
Last refreshed

February 2026 Data Release