Iceland vs Serbia: Government expenditure on education, constant US$
Government expenditure on education, constant US$ over time
- Iceland
- Serbia
How they compare
Iceland currently reports 1,875 millions against 1,651 millions in Serbia, a difference of 224 millions.
That makes Iceland's figure about 1.1 times Serbia's.
The two have swapped places 1 time across 10 shared years of data; in 2007 it was Serbia ahead.
Iceland ranks 76th and Serbia ranks 79th of 167 countries.
Serbia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1,462 millions | 1,743 millions | 280.95 millions | Serbia |
| 2010s | 1,579 millions | 1,653 millions | 73.53 millions | Serbia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government expenditure on education, constant us$, Iceland or Serbia?
- Iceland, at 1,875 millions against 1,651 millions in Serbia as of 2017.
- What is the difference in government expenditure on education, constant us$ between Iceland and Serbia?
- 224 millions, with Iceland ahead.
- How many years of comparable data are there for Iceland and Serbia?
- 10 years are reported by both, from 2007 to 2017.
- How do Iceland and Serbia rank globally for government expenditure on education, constant us$?
- Iceland ranks 76th and Serbia ranks 79th of 167 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as Government expenditure on education, constant US$ (millions). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total general (local, regional and central) government expenditure on education (current, capital, and transfers) in millions US$ in constant value (taking into account inflation). It includes expenditure funded by transfers from international sources to government. Total government expenditure for a given level of education (e.g. primary, secondary, or all levels combined) in national currency is converted to US$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant US$ values are expressed in 2014 prices. Limitations: In some instances data on total government expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/