Private educational expenditure by education level, programme in Iceland

Iceland: Private educational expenditure by education level, programme was 49.7 Million euro in 2023. ▲ Rising

Latest (2023)
49.7 Million euro
Change on year
up 1.8%
World rank
30th
of 35 countries
All-time high
49.7 Million euro
in 2023
All-time low
25.9 Million euro
in 2012
Years of data
12
2012–2023

Private educational expenditure by education level, programme in Iceland, 2012–2023

010203040502012201720232012: 25.9 Million euro2013: 27.7 Million euro2014: 31.1 Million euro2015: 35.1 Million euro2016: 40.8 Million euro2017: 47.6 Million euro2018: 45.8 Million euro2019: 43.5 Million euro2020: 40.3 Million euro2021: 43.9 Million euro2022: 48.8 Million euro2023: 49.7 Million euro

Source: Eurostat. Measured in Million euro.

Analysis

In 2023, private educational expenditure by education level, programme in Iceland stood at 49.7 Million euro. That is the highest value across all 12 years on record.

That represents a change of up 1.8% on the previous year and up 79.4% over ten years.

Over the whole period, private educational expenditure by education level, programme in Iceland peaked at 49.7 Million euro in 2023 and was at its lowest, 25.9 Million euro, in 2012.

That places Iceland 30th out of 35 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 12 years of available data.

Private educational expenditure by education level, programme in Iceland, year by year

Annual values for Private educational expenditure by education level, programme orientation, type of source and expenditure category in Iceland, 2012 to 2023.
Year Million euro Change
2012 25.9 Million euro —
2013 27.7 Million euro +6.9%
2014 31.1 Million euro +12.3%
2015 35.1 Million euro +12.9%
2016 40.8 Million euro +16.2%
2017 47.6 Million euro +16.7%
2018 45.8 Million euro -3.8%
2019 43.5 Million euro -5.0%
2020 40.3 Million euro -7.4%
2021 43.9 Million euro +8.9%
2022 48.8 Million euro +11.2%
2023 49.7 Million euro +1.8%

Iceland compared with similar countries

  • Iceland's 49.7 Million euro is below the median for Europe & Central Asia, which is 145.5 Million euro, 34% of the median. (26 countries reporting)
  • Iceland's 49.7 Million euro is below the median for high income countries, which is 149 Million euro, 33% of the median. (25 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 37.19 Million euro 25.9 Million euro 47.6 Million euro 8
2020s 45.67 Million euro 40.3 Million euro 49.7 Million euro 4

Countries ranked near Iceland

  1. 27 Cyprus 56.5 Million euro compare
  2. 28 Latvia 51.3 Million euro compare
  3. 28 Latvia 51.3 Million euro compare
  4. 31 Bosnia and Herzegovina 40.2 Million euro compare
  5. 32 Malta 12.7 Million euro compare
  6. 33 Bulgaria 12 Million euro compare

See the full ranking of 35 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is private educational expenditure by education level, programme in Iceland?
Private educational expenditure by education level, programme in Iceland was 49.7 Million euro in 2023, according to Eurostat.
What is the highest private educational expenditure by education level, programme recorded in Iceland?
The highest recorded value was 49.7 Million euro in 2023.
What is the lowest private educational expenditure by education level, programme recorded in Iceland?
The lowest recorded value was 25.9 Million euro in 2012.
How does Iceland rank for private educational expenditure by education level, programme?
Iceland ranks 30th out of 35 countries with data for 2023.
Is private educational expenditure by education level, programme rising or falling in Iceland?
Over the last ten years it is up 79.4%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Private educational expenditure by education level, programme orientation, type of source and expenditure category. Statizoid updates them automatically from the source API.

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Private educational expenditure by education level, programme in Iceland. Statizoid, drawing on Eurostat. Retrieved 29 September 2026, from https://education.statizoid.com/stat/private-educational-expenditure-by-education-level-programme-orientation-type-of-source/iceland/

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About this data

Indicator
Private educational expenditure by education level, programme orientation, type of source and expenditure category
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
35 places, 353 data points, 2012–2023
Last refreshed