Government expenditure on tertiary education, constant US$ in Iceland
Iceland: Government expenditure on tertiary education, constant US$ was 336.81 millions in 2017. ▲ Rising
Government expenditure on tertiary education, constant US$ in Iceland, 1990–2017
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
In 2017, government expenditure on tertiary education, constant us$ in Iceland stood at 336.81 millions.
The figure is down 3.7% on the previous year and up 22.6% over ten years.
Over the whole period, government expenditure on tertiary education, constant us$ in Iceland peaked at 349.62 millions in 2016 and was at its lowest, 65.45 millions, in 1990.
That places Iceland 77th out of 153 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Government expenditure on tertiary education, constant US$ in Iceland, year by year
| Year | millions | Change |
|---|---|---|
| 1990 | 65.45 millions | — |
| 1993 | 126 millions | +92.5% |
| 1994 | 107.74 millions | -14.5% |
| 1995 | 104.43 millions | -3.1% |
| 1996 | 101.85 millions | -2.5% |
| 1999 | 162.77 millions | +59.8% |
| 2000 | 171.65 millions | +5.5% |
| 2001 | 183.72 millions | +7.0% |
| 2002 | 203.54 millions | +10.8% |
| 2003 | 212.29 millions | +4.3% |
| 2004 | 225.71 millions | +6.3% |
| 2005 | 254.54 millions | +12.8% |
| 2006 | 249.82 millions | -1.9% |
| 2007 | 274.74 millions | +10.0% |
| 2008 | 297.19 millions | +8.2% |
| 2009 | 290.09 millions | -2.4% |
| 2010 | 286.33 millions | -1.3% |
| 2011 | 257.89 millions | -9.9% |
| 2012 | 290.58 millions | +12.7% |
| 2013 | 297.99 millions | +2.5% |
| 2014 | 303.21 millions | +1.8% |
| 2015 | 311.74 millions | +2.8% |
| 2016 | 349.62 millions | +12.2% |
| 2017 | 336.81 millions | -3.7% |
Iceland compared with similar countries
- Iceland's 336.81 millions is below the median for high income countries, which is 1,521 millions, 22% of the median. (59 countries reporting)
- Iceland's 336.81 millions is below the median for Europe & Central Asia, which is 942.05 millions, 36% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Government expenditure on tertiary education, constant US$ in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +92.5% | 65.45 millions | 126 millions |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 111.37 millions | 65.45 millions | 162.77 millions | 6 |
| 2000s | 236.33 millions | 171.65 millions | 297.19 millions | 10 |
| 2010s | 304.27 millions | 257.89 millions | 349.62 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 tertiary education, constant us$ in Iceland?
- Government expenditure on tertiary education, constant us$ in Iceland was 336.81 millions in 2017, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on tertiary education, constant us$ recorded in Iceland?
- The highest recorded value was 349.62 millions in 2016.
- What is the lowest government expenditure on tertiary education, constant us$ recorded in Iceland?
- The lowest recorded value was 65.45 millions in 1990.
- How does Iceland rank for government expenditure on tertiary education, constant us$?
- Iceland ranks 77th out of 153 countries with data for 2017.
- Is government expenditure on tertiary education, constant us$ rising or falling in Iceland?
- Over the last ten years it is up 22.6%. 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 tertiary education, constant US$ (millions). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total general (local, regional and central) government expenditure on tertiary 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/