Total educational expenditure by education level, programme in Iceland

Iceland: Total educational expenditure by education level, programme was 541.6 Million euro in 2023. ▲ Rising

Latest (2023)
541.6 Million euro
Change on year
up 5.5%
World rank
26th
of 35 countries
All-time high
541.6 Million euro
in 2023
All-time low
187.6 Million euro
in 2012
Years of data
12
2012–2023

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

2003004005002012201720232012: 187.6 Million euro2013: 195.5 Million euro2014: 230.6 Million euro2015: 260.9 Million euro2016: 307.9 Million euro2017: 376.4 Million euro2018: 393.7 Million euro2019: 394 Million euro2020: 389.6 Million euro2021: 441 Million euro2022: 513.2 Million euro2023: 541.6 Million euro

Source: Eurostat. Measured in Million euro.

Analysis

Iceland recorded 541.6 Million euro for total educational expenditure by education level, programme 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, total educational expenditure by education level, programme in Iceland peaked at 541.6 Million euro in 2023 and was at its lowest, 187.6 Million euro, in 2012.

That places Iceland 26th out of 35 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.

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

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

Iceland compared with similar countries

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

Averages by decade

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

Countries ranked near Iceland

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

See the full ranking of 35 places →

More education data for Iceland

All data for Iceland →

Frequently asked questions

What is total educational expenditure by education level, programme in Iceland?
Total educational expenditure by education level, programme in Iceland was 541.6 Million euro in 2023, according to Eurostat.
What is the highest total educational expenditure by education level, programme recorded in Iceland?
The highest recorded value was 541.6 Million euro in 2023.
What is the lowest total educational expenditure by education level, programme recorded in Iceland?
The lowest recorded value was 187.6 Million euro in 2012.
How does Iceland rank for total educational expenditure by education level, programme?
Iceland ranks 26th out of 35 countries with data for 2023.
Is total educational expenditure by education level, programme 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 Total educational expenditure by education level, programme orientation and type of source. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (Eurostat).

Share, cite or embed this page

Cite this page

Total educational expenditure by education level, programme in Iceland. Statizoid, drawing on Eurostat. Retrieved 27 September 2026, from https://education.statizoid.com/stat/total-educational-expenditure-by-education-level-programme-orientation-and-type-of-source/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Eurostat); please keep the attribution.

<a href="https://education.statizoid.com/stat/total-educational-expenditure-by-education-level-programme-orientation-and-type-of-source/iceland/">Total educational expenditure by education level, programme in Iceland</a> — Statizoid

About this data

Indicator
Total educational expenditure by education level, programme orientation and type of source
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
35 places, 360 data points, 2012–2023
Last refreshed