Government expenditure on primary education, PPP$ in Iceland

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

Latest (2017)
424.09 millions
Change on year
up 13.9%
World rank
95th
of 134 countries
All-time high
424.09 millions
in 2017
All-time low
88.21 millions
in 1994
Years of data
23
1990–2017

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

1002003004001990200320171990: 144.1 millions1993: 89.3 millions1994: 88.2 millions1996: 106.3 millions1999: 191.8 millions2000: 199.4 millions2001: 210.3 millions2002: 247.8 millions2003: 238.9 millions2004: 258.6 millions2005: 284.7 millions2006: 300.2 millions2007: 307.3 millions2008: 326.3 millions2009: 312.9 millions2010: 284.6 millions2011: 298.6 millions2012: 289.6 millions2013: 306.3 millions2014: 333.9 millions2015: 347.6 millions2016: 372.5 millions2017: 424.1 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

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

Compared with earlier readings it is up 13.9% on the previous year and up 38.0% over ten years.

Over the whole period, government expenditure on primary education, ppp$ in Iceland peaked at 424.09 millions in 2017 and was at its lowest, 88.21 millions, in 1994.

That places Iceland 95th out of 134 countries with data for 2017, putting it 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 123.96 millions 88.21 millions 191.81 millions 5
2000s 268.64 millions 199.41 millions 326.3 millions 10
2010s 332.14 millions 284.6 millions 424.09 millions 8

Countries ranked near Iceland

  1. 92 Guinea 453.27 millions compare
  2. 93 Cambodia 450.14 millions compare
  3. 94 Moldova 434.98 millions compare
  4. 96 Sierra Leone 418.54 millions compare
  5. 97 Nicaragua 413.93 millions compare
  6. 98 Congo 402.01 millions compare

See the full ranking of 134 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is government expenditure on primary education, ppp$ in Iceland?
Government expenditure on primary education, ppp$ in Iceland was 424.09 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on primary education, ppp$ recorded in Iceland?
The highest recorded value was 424.09 millions in 2017.
What is the lowest government expenditure on primary education, ppp$ recorded in Iceland?
The lowest recorded value was 88.21 millions in 1994.
How does Iceland rank for government expenditure on primary education, ppp$?
Iceland ranks 95th out of 134 countries with data for 2017.
Is government expenditure on primary education, ppp$ rising or falling in Iceland?
Over the last ten years it is up 38.0%. 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, PPP$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on primary education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
134 places, 1,910 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 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/