What is the difference in government expenditure on education, us$ between Iceland and Macau (China)?

366 millions, with Iceland ahead.

How many years of comparable data are there for Iceland and Macau (China)?

20 years are reported by both, from 1998 to 2017.

Where does this data come from?

UNESCO Institute for Statistics, published as Government expenditure on education, US$ (millions). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Iceland vs Macau (China): Government expenditure on education, US$

Iceland

1,875 millions

in 2017

Macau (China)

1,509 millions

in 2018

Iceland rank

79th

Macau (China) rank

82nd

Government expenditure on education, US$ over time

Iceland
Macau (China)

How they compare

Iceland currently reports 1,875 millions against 1,509 millions in Macau (China), a difference of 366 millions.

That makes Iceland's figure about 1.2 times Macau (China)'s.

The two have swapped places 4 times across 20 shared years of data; in 1998 it was Iceland ahead.

Iceland ranks 79th and Macau (China) ranks 82nd of 174 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade	Iceland	Macau (China)	Difference	Ahead
1990s	577.39 millions	223.1 millions	354.29 millions	Iceland
2000s	984.55 millions	307.61 millions	676.94 millions	Iceland
2010s	1,300 millions	1,182 millions	117.89 millions	Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government expenditure on education, us$, Iceland or Macau (China)?: Iceland, at 1,875 millions against 1,509 millions in Macau (China) as of 2017.
What is the difference in government expenditure on education, us$ between Iceland and Macau (China)?: 366 millions, with Iceland ahead.
How many years of comparable data are there for Iceland and Macau (China)?: 20 years are reported by both, from 1998 to 2017.
How do Iceland and Macau (China) rank globally for government expenditure on education, us$?: Iceland ranks 79th and Macau (China) ranks 82nd of 174 countries.
Where does this data come from?: UNESCO Institute for Statistics, published as Government expenditure on education, US$ (millions). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Macau (China): Government expenditure on education, US$. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 22 August 2026, from https://reference.statizoid.com/compare/government-expenditure-on-education-us-millions/iceland/macao-sar-china/

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About this data

Indicator: Government expenditure on education, US$ (millions)
Unit: millions
Source: UNESCO Institute for Statistics
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 174 places, 3,881 data points, 1970–2019
Last refreshed: 21 August 2026

Total general (local, regional and central) government expenditure on education (current, capital, and transfers) in millions US$ (nominal value). 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$. 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/