Government expenditure on primary education, US$ in Iceland

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

Latest (2017)
544.3 millions
Change on year
up 26.1%
World rank
75th
of 151 countries
All-time high
544.3 millions
in 2017
All-time low
90.09 millions
in 1994
Years of data
23
1990–2017

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

1002003004005001990200320171990: 166.7 millions1993: 93.9 millions1994: 90.1 millions1996: 118.7 millions1999: 210.1 millions2000: 214.8 millions2001: 190.5 millions2002: 246.3 millions2003: 288.7 millions2004: 344.1 millions2005: 433.2 millions2006: 435.3 millions2007: 515.5 millions2008: 424.9 millions2009: 308.4 millions2010: 309.2 millions2011: 348 millions2012: 317.1 millions2013: 343.5 millions2014: 396.1 millions2015: 374 millions2016: 431.8 millions2017: 544.3 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2017, government expenditure on primary education, us$ in Iceland stood at 544.3 millions. That is the highest value across all 23 years on record.

The figure is up 26.1% on the previous year and up 5.6% over ten years.

Over the whole period, government expenditure on primary education, us$ in Iceland peaked at 544.3 millions in 2017 and was at its lowest, 90.09 millions, in 1994.

Iceland ranks 75th of 151 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.

Government expenditure on primary education, US$ in Iceland, year by year

Annual values for Government expenditure on primary education, US$ (millions) in Iceland, 1990 to 2017.
Year millions Change
1990 166.74 millions —
1993 93.95 millions -43.7%
1994 90.09 millions -4.1%
1996 118.72 millions +31.8%
1999 210.13 millions +77.0%
2000 214.84 millions +2.2%
2001 190.53 millions -11.3%
2002 246.31 millions +29.3%
2003 288.74 millions +17.2%
2004 344.06 millions +19.2%
2005 433.18 millions +25.9%
2006 435.34 millions +0.5%
2007 515.52 millions +18.4%
2008 424.92 millions -17.6%
2009 308.4 millions -27.4%
2010 309.16 millions +0.2%
2011 347.99 millions +12.6%
2012 317.13 millions -8.9%
2013 343.5 millions +8.3%
2014 396.13 millions +15.3%
2015 374 millions -5.6%
2016 431.78 millions +15.4%
2017 544.3 millions +26.1%

Iceland compared with similar countries

  • Iceland's 544.3 millions is below the median for high income countries, which is 1,293 millions, 42% of the median. (59 countries reporting)
  • Iceland's 544.3 millions is below the median for Europe & Central Asia, which is 1,479 millions, 37% of the median. (38 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 135.92 millions 90.09 millions 210.13 millions 5
2000s 340.18 millions 190.53 millions 515.52 millions 10
2010s 383 millions 309.16 millions 544.3 millions 8

Countries ranked near Iceland

  1. 72 Zambia 649.8 millions compare
  2. 73 Zimbabwe 571.65 millions compare
  3. 74 Sri Lanka 560.79 millions compare
  4. 76 Honduras 531.47 millions compare
  5. 77 Ghana 522.98 millions compare
  6. 78 Bulgaria 476.82 millions compare

See the full ranking of 151 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is government expenditure on primary education, us$ in Iceland?
Government expenditure on primary education, us$ in Iceland was 544.3 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on primary education, us$ recorded in Iceland?
The highest recorded value was 544.3 millions in 2017.
What is the lowest government expenditure on primary education, us$ recorded in Iceland?
The lowest recorded value was 90.09 millions in 1994.
How does Iceland rank for government expenditure on primary education, us$?
Iceland ranks 75th out of 151 countries with data for 2017.
Is government expenditure on primary education, us$ rising or falling in Iceland?
Over the last ten years it is up 5.6%. 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, US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on primary education, US$ in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/government-expenditure-on-primary-education-us-millions/iceland/

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About this data

Indicator
Government expenditure on primary education, US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 2,967 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on primary 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/