Percentage of graduates from tertiary education graduating from in Iceland

Iceland: Percentage of graduates from tertiary education graduating from was 18.8% in 2023. ▼ Falling

Latest (2023)
18.8%
Change on year
down 5.1%
World rank
108th
of 124 countries
All-time high
27.5%
in 2009
All-time low
18.8%
in 2023
Years of data
18
1999–2023

Percentage of graduates from tertiary education graduating from in Iceland, 1999–2023

01020301999201120231999: 22.3 %2000: 21.9 %2001: 25.3 %2002: 27.4 %2003: 23.8 %2004: 24.9 %2005: 23.1 %2006: 24.4 %2007: 27.1 %2008: 25.2 %2009: 27.5 %2010: 26.2 %2018: 21.8 %2019: 20.4 %2020: 20.8 %2021: 21 %2022: 19.8 %2023: 18.8 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

In 2023, percentage of graduates from tertiary education graduating from in Iceland stood at 18.8%. That is the lowest value across all 18 years on record.

That represents a change of down 5.1% on the previous year and down 28.0% over ten years.

Over the whole period, percentage of graduates from tertiary education graduating from in Iceland peaked at 27.5% in 2009 and was at its lowest, 18.8%, in 2023.

Iceland ranks 108th of 124 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 18 years of available data.

Percentage of graduates from tertiary education graduating from in Iceland, year by year

Annual values for Percentage of graduates from tertiary education graduating from Business, Administration and Law programmes, both sexes (%) in Iceland, 1999 to 2023.
Year % Change
1999 22.3%
2000 21.9% -1.8%
2001 25.3% +15.5%
2002 27.4% +8.5%
2003 23.8% -13.0%
2004 24.9% +4.2%
2005 23.1% -7.0%
2006 24.4% +5.7%
2007 27.1% +11.0%
2008 25.2% -7.0%
2009 27.5% +9.3%
2010 26.2% -5.1%
2018 21.8% -16.5%
2019 20.4% -6.5%
2020 20.8% +2.1%
2021 21.0% +0.7%
2022 19.8% -5.5%
2023 18.8% -5.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 22.3% 22.3% 22.3% 1
2000s 25.1% 21.9% 27.5% 10
2010s 22.8% 20.4% 26.2% 3
2020s 20.1% 18.8% 21.0% 4

Countries ranked near Iceland

  1. 105 Israel 19.0% compare
  2. 106 Jordan 18.9% compare
  3. 107 Indonesia 18.9% compare
  4. 109 Czechia 18.7% compare
  5. 110 United States of America 18.5% compare
  6. 111 Norway 17.1% compare

See the full ranking of 124 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is percentage of graduates from tertiary education graduating from in Iceland?
Percentage of graduates from tertiary education graduating from in Iceland was 18.8% in 2023, according to UNESCO Institute for Statistics.
What is the highest percentage of graduates from tertiary education graduating from recorded in Iceland?
The highest recorded value was 27.5% in 2009.
What is the lowest percentage of graduates from tertiary education graduating from recorded in Iceland?
The lowest recorded value was 18.8% in 2023.
How does Iceland rank for percentage of graduates from tertiary education graduating from?
Iceland ranks 108th out of 124 countries with data for 2023.
Is percentage of graduates from tertiary education graduating from rising or falling in Iceland?
Over the last ten years it is down 28.0%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from UNESCO Institute for Statistics, published as part of Percentage of graduates from tertiary education graduating from Business, Administration and Law programmes, both sexes (%). Statizoid updates them automatically from the source API.

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Percentage of graduates from tertiary education graduating from in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 04 September 2026, from https://education.statizoid.com/stat/percentage-of-graduates-from-tertiary-education-graduating-from-business-administration-2/iceland/

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About this data

Indicator
Percentage of graduates from tertiary education graduating from Business, Administration and Law programmes, both sexes (%)
Unit
%
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
124 places, 1,758 data points, 1998–2025
Last refreshed

February 2026 Data Release