Educational expenditure by education level, programme orientation in Iceland

Iceland: Educational expenditure by education level, programme orientation was 541.6 in 2023. ▲ Rising

Latest (2023)
541.6
Change on year
up 5.5%
World rank
26th
of 36 countries
All-time high
541.6
in 2023
All-time low
187.6
in 2012
Years of data
12
2012–2023

Educational expenditure by education level, programme orientation and in Iceland, 2012–2023

2003004005002012201720232012: 187.62013: 195.52014: 230.62015: 260.92016: 307.92017: 376.42018: 393.72019: 3942020: 389.62021: 4412022: 513.22023: 541.6

Source: Eurostat.

Analysis

Iceland recorded 541.6 for educational expenditure by education level, programme orientation and in 2023. That is the highest value across all 12 years on record.

Compared with earlier readings it is up 5.5% on the previous year and up 177.0% over ten years.

Over the whole period, educational expenditure by education level, programme orientation and in Iceland peaked at 541.6 in 2023 and was at its lowest, 187.6, in 2012.

That places Iceland 26th out of 36 countries with data for 2023, putting it in the middle of the range.

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

Educational expenditure by education level, programme orientation in Iceland, year by year

Annual values for Educational expenditure by education level, programme orientation and source in Iceland, 2012 to 2023.
Year Value Change
2012 187.6 —
2013 195.5 +4.2%
2014 230.6 +18.0%
2015 260.9 +13.1%
2016 307.9 +18.0%
2017 376.4 +22.2%
2018 393.7 +4.6%
2019 394 +0.1%
2020 389.6 -1.1%
2021 441 +13.2%
2022 513.2 +16.4%
2023 541.6 +5.5%

Iceland compared with similar countries

  • Iceland's 541.6 is below the median for Europe & Central Asia, which is 1,392, 39% of the median. (26 countries reporting)
  • Iceland's 541.6 is below the median for high income countries, which is 1,450, 37% of the median. (25 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 293.32 187.6 394 8
2020s 471.35 389.6 541.6 4

Countries ranked near Iceland

  1. 23 Ireland 770.5 compare
  2. 24 Slovenia 661.7 compare
  3. 24 Slovenia 661.7 compare
  4. 27 Croatia 525.2 compare
  5. 27 Croatia 525.2 compare
  6. 29 Latvia 484.4 compare
  7. 29 Latvia 484.4 compare

See the full ranking of 36 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is educational expenditure by education level, programme orientation and in Iceland?
Educational expenditure by education level, programme orientation and in Iceland was 541.6 in 2023, according to Eurostat.
What is the highest educational expenditure by education level, programme orientation and recorded in Iceland?
The highest recorded value was 541.6 in 2023.
What is the lowest educational expenditure by education level, programme orientation and recorded in Iceland?
The lowest recorded value was 187.6 in 2012.
How does Iceland rank for educational expenditure by education level, programme orientation and?
Iceland ranks 26th out of 36 countries with data for 2023.
Is educational expenditure by education level, programme orientation and rising or falling in Iceland?
Over the last ten years it is up 177.0%. 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 Educational expenditure by education level, programme orientation and source. Statizoid updates them automatically from the source API.

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Educational expenditure by education level, programme orientation and in Iceland. Statizoid, drawing on Eurostat. Retrieved 13 November 2026, from https://education.statizoid.com/stat/total-educational-expenditure-by-education-level-programme-orientation-and-type-of-source/iceland/

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About this data

Indicator
Educational expenditure by education level, programme orientation and source
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
36 places, 368 data points, 2012–2023
Last refreshed