Government expenditure on education not specified by level, PPP$ in Iceland

Iceland: Government expenditure on education not specified by level, PPP$ was 72.51 millions in 2017. ▲ Rising

Latest (2017)
72.51 millions
Change on year
up 8.8%
World rank
37th
of 145 countries
All-time high
72.51 millions
in 2017
All-time low
10.32 millions
in 1994
Years of data
22
1994–2017

Government expenditure on education not specified by level, PPP$ in Iceland, 1994–2017

204060801994200520171994: 10.3 millions1995: 10.7 millions1996: 14.1 millions1999: 25.9 millions2000: 27.9 millions2001: 32 millions2002: 31.7 millions2003: 35.5 millions2004: 41.7 millions2005: 44.8 millions2006: 48.4 millions2007: 46.1 millions2008: 49.3 millions2009: 47.7 millions2010: 47.9 millions2011: 46.2 millions2012: 49 millions2013: 51.8 millions2014: 51.4 millions2015: 54.5 millions2016: 66.7 millions2017: 72.5 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Iceland recorded 72.51 millions for government expenditure on education not specified by level, ppp$ in 2017. That is the highest value across all 22 years on record.

Compared with earlier readings it is up 8.8% on the previous year and up 57.3% over ten years.

Over the whole period, government expenditure on education not specified by level, ppp$ in Iceland peaked at 72.51 millions in 2017 and was at its lowest, 10.32 millions, in 1994.

Iceland ranks 37th of 145 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 15.26 millions 10.32 millions 25.91 millions 4
2000s 40.49 millions 27.87 millions 49.26 millions 10
2010s 55.01 millions 46.25 millions 72.51 millions 8

Countries ranked near Iceland

  1. 34 Chad 126.83 millions compare
  2. 35 Madagascar 110.15 millions compare
  3. 36 Armenia 84.66 millions compare
  4. 38 Bahrain 68.73 millions compare
  5. 39 Malta 66.51 millions compare
  6. 40 Lebanon 64.07 millions compare

See the full ranking of 145 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is government expenditure on education not specified by level, ppp$ in Iceland?
Government expenditure on education not specified by level, ppp$ in Iceland was 72.51 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education not specified by level, ppp$ recorded in Iceland?
The highest recorded value was 72.51 millions in 2017.
What is the lowest government expenditure on education not specified by level, ppp$ recorded in Iceland?
The lowest recorded value was 10.32 millions in 1994.
How does Iceland rank for government expenditure on education not specified by level, ppp$?
Iceland ranks 37th out of 145 countries with data for 2017.
Is government expenditure on education not specified by level, ppp$ rising or falling in Iceland?
Over the last ten years it is up 57.3%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education not specified by level, PPP$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on education not specified by level, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
145 places, 2,036 data points, 1971–2019
Last refreshed

Total general (local, regional and central) government expenditure on education (current, capital, and transfers) not specified by level, in millions PPP$ (at purchasing power parity), in 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 PPP$. 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/