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
Total educational expenditure by education level, programme in Iceland, 2012–2023
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
| 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
| Decade | Average | Lowest | Highest | 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
More education data for Iceland
- Repeaters in primary education, all grades, both sexes (number), gaps 0 (2023)
- Enrolment in pre-primary education, male (number), gaps filled 6,661 (2023)
- Enrolment in pre-primary education, female (number), gaps filled 6,167 (2023)
- Secondary education, pupils, gaps filled 37,056 (2023)
- Primary education, duration (years), annual growth rate 0 % change on previous year (2025)
- Primary education, pupils, gaps filled 32,314 (2023)
- Primary education, pupils, annual growth rate -1.17 % change on previous year (2023)
- Primary education, pupils, per unit of GDP 0 units per US$ of GDP (2023)
- Primary education, pupils, per capita 0.0838 units per person (2023)
- Secondary education, duration (years), annual growth rate 0 % change on previous year (2025)
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.
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