Government expenditure on primary education, constant US$ in Iceland

Iceland: Government expenditure on primary education, constant US$ was 544.3 millions in 2017. ▲ Rising

Latest (2017)
544.3 millions
Change on year
up 11.0%
World rank
73rd
of 143 countries
All-time high
544.3 millions
in 2017
All-time low
160.11 millions
in 1994
Years of data
23
1990–2017

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

2003004005001990200320171990: 289.2 millions1993: 165.6 millions1994: 160.1 millions1996: 190 millions1999: 328.6 millions2000: 351.2 millions2001: 355.1 millions2002: 408 millions2003: 398.3 millions2004: 423.1 millions2005: 466.1 millions2006: 481.4 millions2007: 498.9 millions2008: 503.9 millions2009: 463.8 millions2010: 431.9 millions2011: 447.1 millions2012: 424.9 millions2013: 440.1 millions2014: 467.8 millions2015: 472.5 millions2016: 490.5 millions2017: 544.3 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on primary education, constant us$ in Iceland is 544.3 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 us$ in Iceland peaked at 544.3 millions in 2017 and was at its lowest, 160.11 millions, in 1994.

Iceland ranks 73rd of 143 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 226.72 millions 160.11 millions 328.65 millions 5
2000s 434.97 millions 351.2 millions 503.94 millions 10
2010s 464.89 millions 424.92 millions 544.3 millions 8

Countries ranked near Iceland

  1. 70 Tunisia 574.27 millions compare
  2. 71 Sri Lanka 572.8 millions compare
  3. 72 Honduras 570.21 millions compare
  4. 74 Ghana 503.02 millions compare
  5. 75 Bulgaria 476.82 millions compare
  6. 76 Paraguay 465.62 millions compare

See the full ranking of 143 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is government expenditure on primary education, constant us$ in Iceland?
Government expenditure on primary education, constant us$ in Iceland was 544.3 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on primary education, constant us$ recorded in Iceland?
The highest recorded value was 544.3 millions in 2017.
What is the lowest government expenditure on primary education, constant us$ recorded in Iceland?
The lowest recorded value was 160.11 millions in 1994.
How does Iceland rank for government expenditure on primary education, constant us$?
Iceland ranks 73rd out of 143 countries with data for 2017.
Is government expenditure on primary education, constant us$ 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 US$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on primary education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
143 places, 2,788 data points, 1970–2019
Last refreshed

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