Government expenditure on tertiary education, PPP$ in Iceland

Iceland: Government expenditure on tertiary education, PPP$ was 262.43 millions in 2017. ▲ Rising

Latest (2017)
262.43 millions
Change on year
down 1.2%
World rank
98th
of 145 countries
All-time high
265.49 millions
in 2016
All-time low
32.62 millions
in 1990
Years of data
24
1990–2017

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

501001502002501990200320171990: 32.6 millions1993: 68 millions1994: 59.4 millions1995: 58.7 millions1996: 57 millions1999: 95 millions2000: 97.5 millions2001: 108.8 millions2002: 123.6 millions2003: 127.3 millions2004: 138 millions2005: 155.5 millions2006: 155.8 millions2007: 169.2 millions2008: 192.4 millions2009: 195.7 millions2010: 188.7 millions2011: 172.2 millions2012: 198.1 millions2013: 207.4 millions2014: 216.4 millions2015: 229.4 millions2016: 265.5 millions2017: 262.4 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Iceland recorded 262.43 millions for government expenditure on tertiary education, ppp$ in 2017.

The figure is down 1.2% on the previous year and up 55.1% over ten years.

Over the whole period, government expenditure on tertiary education, ppp$ in Iceland peaked at 265.49 millions in 2016 and was at its lowest, 32.62 millions, in 1990.

Iceland ranks 98th of 145 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 61.78 millions 32.62 millions 94.99 millions 6
2000s 146.39 millions 97.46 millions 195.73 millions 10
2010s 217.5 millions 172.21 millions 265.49 millions 8

Countries ranked near Iceland

  1. 95 Nepal 279.06 millions compare
  2. 96 Mali 272.5 millions compare
  3. 97 Jamaica 269.39 millions compare
  4. 99 Albania 255.04 millions compare
  5. 100 Malta 244.42 millions compare
  6. 101 Uganda 224.33 millions compare

See the full ranking of 145 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is government expenditure on tertiary education, ppp$ in Iceland?
Government expenditure on tertiary education, ppp$ in Iceland was 262.43 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, ppp$ recorded in Iceland?
The highest recorded value was 265.49 millions in 2016.
What is the lowest government expenditure on tertiary education, ppp$ recorded in Iceland?
The lowest recorded value was 32.62 millions in 1990.
How does Iceland rank for government expenditure on tertiary education, ppp$?
Iceland ranks 98th out of 145 countries with data for 2017.
Is government expenditure on tertiary education, ppp$ rising or falling in Iceland?
Over the last ten years it is up 55.1%. 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 tertiary education, PPP$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on tertiary education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
145 places, 2,109 data points, 1984–2019
Last refreshed

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