Initial government funding per tertiary student, constant PPP$ in Iceland
Iceland: Initial government funding per tertiary student, constant PPP$ was 14,649 in 2017. ▼ Falling
Initial government funding per tertiary student, constant PPP$ in Iceland, 1999–2017
Source: UNESCO Institute for Statistics.
Analysis
In 2017, initial government funding per tertiary student, constant ppp$ in Iceland stood at 14,649.
The figure is down 1.9% on the previous year and up 8.3% over ten years.
Over the whole period, initial government funding per tertiary student, constant ppp$ in Iceland peaked at 14,987 in 1999 and was at its lowest, 10,663, in 2011.
That places Iceland 18th out of 113 countries with data for 2017, putting it in the top quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14,987 | 14,987 | 14,987 | 1 |
| 2000s | 13,220 | 11,956 | 14,056 | 10 |
| 2010s | 12,621 | 10,663 | 14,932 | 8 |
Countries ranked near Iceland
More reference data data for Iceland
- Spring temperature anomalies -0.5453 °C (2026)
- Summer temperature anomalies 0.1076 °C (2026)
- Temperature anomalies by month -0.09 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.653 °C (2025)
- Winter temperature anomalies 3.5 °C (2025)
- Consumer price index 179.82 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is initial government funding per tertiary student, constant ppp$ in Iceland?
- Initial government funding per tertiary student, constant ppp$ in Iceland was 14,649 in 2017, according to UNESCO Institute for Statistics.
- What is the highest initial government funding per tertiary student, constant ppp$ recorded in Iceland?
- The highest recorded value was 14,987 in 1999.
- What is the lowest initial government funding per tertiary student, constant ppp$ recorded in Iceland?
- The lowest recorded value was 10,663 in 2011.
- How does Iceland rank for initial government funding per tertiary student, constant ppp$?
- Iceland ranks 18th out of 113 countries with data for 2017.
- Is initial government funding per tertiary student, constant ppp$ rising or falling in Iceland?
- Over the last ten years it is up 8.3%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Initial government funding per tertiary student, constant PPP$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total general (local, regional and central, current and capital) initial government funding of education per student, which includes transfers paid (such as scholarships to students), but excludes transfers received, in this case international transfers to government for education (when foreign donors provide education sector budget support or other support integrated in the government budget). Calculation Method: Total general (local, regional and central) government expenditure (current and capital) on a given level of education (primary, secondary, etc) minus international transfers to government for education, divided by the number of student enrolled at that level of education. This is then expressed at constant purchasing power parity (constant PPP$). 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/