Government expenditure on education, US$ in Iceland
Iceland: Government expenditure on education, US$ was 1,875 millions in 2017. ▲ Rising
Government expenditure on education, US$ in Iceland, 1990–2017
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
Iceland recorded 1,875 millions for government expenditure on education, us$ in 2017. That is the highest value across all 25 years on record.
The figure is up 21.4% on the previous year and up 24.7% over ten years.
Over the whole period, government expenditure on education, us$ in Iceland peaked at 1,875 millions in 2017 and was at its lowest, 275.48 millions, in 1990.
Iceland ranks 79th of 174 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Government expenditure on education, US$ in Iceland, year by year
| Year | millions | Change |
|---|---|---|
| 1990 | 275.48 millions | — |
| 1993 | 319.73 millions | +16.1% |
| 1994 | 303.86 millions | -5.0% |
| 1995 | 340.55 millions | +12.1% |
| 1996 | 387.52 millions | +13.8% |
| 1998 | 576.88 millions | +48.9% |
| 1999 | 577.91 millions | +0.2% |
| 2000 | 580.48 millions | +0.4% |
| 2001 | 552.22 millions | -4.9% |
| 2002 | 680.14 millions | +23.2% |
| 2003 | 828.07 millions | +21.7% |
| 2004 | 990.05 millions | +19.6% |
| 2005 | 1,237 millions | +24.9% |
| 2006 | 1,257 millions | +1.6% |
| 2007 | 1,504 millions | +19.7% |
| 2008 | 1,272 millions | -15.4% |
| 2009 | 945.78 millions | -25.6% |
| 2010 | 954.91 millions | +1.0% |
| 2011 | 1,034 millions | +8.2% |
| 2012 | 1,118 millions | +8.2% |
| 2013 | 1,201 millions | +7.4% |
| 2014 | 1,365 millions | +13.7% |
| 2015 | 1,306 millions | -4.3% |
| 2016 | 1,545 millions | +18.3% |
| 2017 | 1,875 millions | +21.4% |
Iceland compared with similar countries
- Iceland's 1,875 millions is below the median for high income countries, which is 6,221 millions, 30% of the median. (63 countries reporting)
- Iceland's 1,875 millions is below the median for Europe & Central Asia, which is 4,226 millions, 44% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 397.42 millions | 275.48 millions | 577.91 millions | 7 |
| 2000s | 984.55 millions | 552.22 millions | 1,504 millions | 10 |
| 2010s | 1,300 millions | 954.91 millions | 1,875 millions | 8 |
Countries ranked near Iceland
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is government expenditure on education, us$ in Iceland?
- Government expenditure on education, us$ in Iceland was 1,875 millions in 2017, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on education, us$ recorded in Iceland?
- The highest recorded value was 1,875 millions in 2017.
- What is the lowest government expenditure on education, us$ recorded in Iceland?
- The lowest recorded value was 275.48 millions in 1990.
- How does Iceland rank for government expenditure on education, us$?
- Iceland ranks 79th out of 174 countries with data for 2017.
- Is government expenditure on education, us$ rising or falling in Iceland?
- Over the last ten years it is up 24.7%. 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, US$ (millions). Statizoid updates them automatically from the source API.
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About this data
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/