Which has higher government expenditure on education, us$, Iceland or Serbia?

Iceland, at 1,875 millions against 1,814 millions in Serbia as of 2017.

What is the difference in government expenditure on education, us$ between Iceland and Serbia?

61 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.

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 Serbia: Government expenditure on education, US$

Iceland

1,875 millions

in 2017

Serbia

1,814 millions

in 2018

Iceland rank

79th

Serbia rank

81st

Government expenditure on education, US$ over time

Iceland
Serbia

How they compare

Iceland currently reports 1,875 millions against 1,814 millions in Serbia, a difference of 61 millions.

The two have swapped places 1 time across 10 shared years of data; in 2007 it was Serbia ahead.

Iceland ranks 79th and Serbia ranks 81st of 174 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	1,240 millions	2,054 millions	813.29 millions	Serbia
2010s	1,314 millions	1,738 millions	424.21 millions	Serbia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government expenditure on education, us$, Iceland or Serbia?: Iceland, at 1,875 millions against 1,814 millions in Serbia as of 2017.
What is the difference in government expenditure on education, us$ between Iceland and Serbia?: 61 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, us$?: Iceland ranks 79th and Serbia ranks 81st of 174 countries.
Where does this data come from?: UNESCO Institute for Statistics, published as Government expenditure on education, US$ (millions). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Iceland vs Serbia: Government expenditure on education, US$. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 23 August 2026, from https://reference.statizoid.com/compare/government-expenditure-on-education-us-millions/iceland/serbia/

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 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/compare/government-expenditure-on-education-us-millions/iceland/serbia/">Iceland vs Serbia: Government expenditure on education, US$</a> — Statizoid

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/