Government expenditure on primary education, constant PPP$ in Iceland

Iceland: Government expenditure on primary education, constant PPP$ was 424.09 millions in 2017. ▲ Rising

Latest (2017)
424.09 millions
Change on year
up 11.0%
World rank
95th
of 133 countries
All-time high
424.09 millions
in 2017
All-time low
124.75 millions
in 1994
Years of data
23
1990–2017

Government expenditure on primary education, constant PPP$ in Iceland, 1990–2017

1002003004001990200320171990: 225.4 millions1993: 129 millions1994: 124.8 millions1996: 148.1 millions1999: 256.1 millions2000: 273.6 millions2001: 276.7 millions2002: 317.9 millions2003: 310.3 millions2004: 329.6 millions2005: 363.1 millions2006: 375.1 millions2007: 388.7 millions2008: 392.7 millions2009: 361.3 millions2010: 336.5 millions2011: 348.4 millions2012: 331.1 millions2013: 342.9 millions2014: 364.5 millions2015: 368.1 millions2016: 382.2 millions2017: 424.1 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on primary education, constant ppp$ in Iceland is 424.09 millions, measured in 2017. That is the highest value across all 23 years on record.

That represents a change of up 11.0% on the previous year and up 9.1% over ten years.

Over the whole period, government expenditure on primary education, constant ppp$ in Iceland peaked at 424.09 millions in 2017 and was at its lowest, 124.75 millions, in 1994.

Iceland ranks 95th of 133 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 176.65 millions 124.75 millions 256.07 millions 5
2000s 338.91 millions 273.64 millions 392.65 millions 10
2010s 362.22 millions 331.08 millions 424.09 millions 8

Countries ranked near Iceland

  1. 92 Mongolia 463.94 millions compare
  2. 93 Guinea 442.82 millions compare
  3. 94 Moldova 424.96 millions compare
  4. 96 North Macedonia 421.56 millions compare
  5. 97 Sierra Leone 401.88 millions compare
  6. 98 Madagascar 381.06 millions compare

See the full ranking of 133 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is government expenditure on primary education, constant ppp$ in Iceland?
Government expenditure on primary education, constant ppp$ in Iceland was 424.09 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on primary education, constant ppp$ recorded in Iceland?
The highest recorded value was 424.09 millions in 2017.
What is the lowest government expenditure on primary education, constant ppp$ recorded in Iceland?
The lowest recorded value was 124.75 millions in 1994.
How does Iceland rank for government expenditure on primary education, constant ppp$?
Iceland ranks 95th out of 133 countries with data for 2017.
Is government expenditure on primary education, constant ppp$ rising or falling in Iceland?
Over the last ten years it is up 9.1%. 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 primary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on primary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
133 places, 1,899 data points, 1990–2019
Last refreshed

Total general (local, regional and central) government expenditure on primary education (current, capital, and transfers), in millions PPP$ (at purchasing power parity) 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 PPP$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant PPP$ 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/