Initial government funding per primary student, constant PPP$ in Iceland

Iceland: Initial government funding per primary student, constant PPP$ was 13,188 in 2017. ▲ Rising

Latest (2017)
13,188
Change on year
up 9.1%
World rank
5th
of 114 countries
All-time high
13,188
in 2017
All-time low
8,436
in 1999
Years of data
19
1999–2017

Initial government funding per primary student, constant PPP$ in Iceland, 1999–2017

05.0k10.0k15.0k1999200820171999: 8.4k2000: 8.7k2001: 8.7k2002: 10.1k2003: 9.9k2004: 10.6k2005: 11.8k2006: 12.3k2007: 12.9k2008: 13.1k2009: 12.1k2010: 11.4k2011: 11.8k2012: 11.2k2013: 11.5k2014: 12.0k2015: 11.8k2016: 12.1k2017: 13.2k

Source: UNESCO Institute for Statistics.

Analysis

Iceland recorded 13,188 for initial government funding per primary student, constant ppp$ in 2017. That is the highest value across all 19 years on record.

Compared with earlier readings it is up 9.1% on the previous year and up 2.1% over ten years.

Over the whole period, initial government funding per primary student, constant ppp$ in Iceland peaked at 13,188 in 2017 and was at its lowest, 8,436, in 1999.

Iceland ranks 5th of 114 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 8,436 8,436 8,436 1
2000s 11,031 8,704 13,112 10
2010s 11,875 11,193 13,188 8

Countries ranked near Iceland

  1. 2 Switzerland 16,739 compare
  2. 3 Singapore 16,222 compare
  3. 4 Norway 13,906 compare
  4. 6 Denmark 13,027 compare
  5. 7 Austria 12,604 compare
  6. 8 United States 11,688 compare

See the full ranking of 114 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is initial government funding per primary student, constant ppp$ in Iceland?
Initial government funding per primary student, constant ppp$ in Iceland was 13,188 in 2017, according to UNESCO Institute for Statistics.
What is the highest initial government funding per primary student, constant ppp$ recorded in Iceland?
The highest recorded value was 13,188 in 2017.
What is the lowest initial government funding per primary student, constant ppp$ recorded in Iceland?
The lowest recorded value was 8,436 in 1999.
How does Iceland rank for initial government funding per primary student, constant ppp$?
Iceland ranks 5th out of 114 countries with data for 2017.
Is initial government funding per primary student, constant ppp$ rising or falling in Iceland?
Over the last ten years it is up 2.1%. 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 Initial government funding per primary student, constant PPP$. Statizoid updates them automatically from the source API.

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About this data

Indicator
Initial government funding per primary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 1,455 data points, 1995–2019
Last refreshed

Total general (local, regional and central, current and capital) initial government funding of education per student, which includes transfers paid (such as scholarships to students), but excludes transfers received, in this case international transfers to government for education (when foreign donors provide education sector budget support or other support integrated in the government budget). Calculation Method: Total general (local, regional and central) government expenditure (current and capital) on a given level of education (primary, secondary, etc) minus international transfers to government for education, divided by the number of student enrolled at that level of education. This is then expressed at constant purchasing power parity (constant 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. There are also cases where it may not be possible to separate international transfers to government from general government expenditure on education, in which cases they have not been subtracted in the formula. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/