Percentage of graduates from tertiary education graduating from in Iceland

Iceland: Percentage of graduates from tertiary education graduating from was 22.0% in 2023. ▼ Falling

Latest (2023)
22.0%
Change on year
down 7.5%
World rank
87th
of 122 countries
All-time high
35.8%
in 2007
All-time low
22.0%
in 2023
Years of data
18
1999–2023

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

0102030401999201120231999: 33.5 %2000: 31.9 %2001: 32.7 %2002: 34.2 %2003: 31.9 %2004: 31.4 %2005: 29.7 %2006: 33.2 %2007: 35.8 %2008: 34.5 %2009: 34.3 %2010: 34.7 %2018: 25.9 %2019: 23.4 %2020: 24.2 %2021: 23.9 %2022: 23.8 %2023: 22 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

In 2023, percentage of graduates from tertiary education graduating from in Iceland stood at 22.0%. That is the lowest value across all 18 years on record.

That represents a change of down 7.5% on the previous year and down 36.6% over ten years.

Over the whole period, percentage of graduates from tertiary education graduating from in Iceland peaked at 35.8% in 2007 and was at its lowest, 22.0%, in 2023.

Iceland ranks 87th of 122 countries on this measure, in the middle of the range.

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, male (%) in Iceland, 1999 to 2023.
Year % Change
1999 33.5%
2000 31.9% -4.7%
2001 32.7% +2.6%
2002 34.2% +4.4%
2003 31.9% -6.5%
2004 31.4% -1.5%
2005 29.7% -5.5%
2006 33.2% +11.9%
2007 35.8% +7.5%
2008 34.5% -3.6%
2009 34.3% -0.5%
2010 34.7% +1.2%
2018 25.9% -25.4%
2019 23.4% -9.8%
2020 24.2% +3.5%
2021 23.9% -1.2%
2022 23.8% -0.4%
2023 22.0% -7.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 33.5% 33.5% 33.5% 1
2000s 33.0% 29.7% 35.8% 10
2010s 28.0% 23.4% 34.7% 3
2020s 23.5% 22.0% 24.2% 4

Countries ranked near Iceland

  1. 84 Bulgaria 22.1% compare
  2. 85 Ghana 22.1% compare
  3. 86 Uruguay 22.1% compare
  4. 88 Greece 21.9% compare
  5. 89 Albania 21.6% compare
  6. 90 Bermuda 21.3% compare

See the full ranking of 122 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 22.0% 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 35.8% in 2007.
What is the lowest percentage of graduates from tertiary education graduating from recorded in Iceland?
The lowest recorded value was 22.0% in 2023.
How does Iceland rank for percentage of graduates from tertiary education graduating from?
Iceland ranks 87th out of 122 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 36.6%. 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, male (%). 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-4/iceland/

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About this data

Indicator
Percentage of graduates from tertiary education graduating from Business, Administration and Law programmes, male (%)
Unit
%
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
122 places, 1,698 data points, 1998–2025
Last refreshed

February 2026 Data Release