Initial government funding per upper secondary student, constant PPP$ in Iceland

Iceland: Initial government funding per upper secondary student, constant PPP$ was 9,172 in 2017. ▲ Rising

Latest (2017)
9,172
Change on year
up 4.3%
World rank
16th
of 80 countries
All-time high
10,016
in 2006
All-time low
6,430
in 2000
Years of data
19
1999–2017

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

02.5k5.0k7.5k10.0k1999200820171999: 6.7k2000: 6.4k2001: 7.9k2002: 7.7k2003: 8.0k2004: 9.7k2005: 9.7k2006: 10.0k2007: 9.7k2008: 9.6k2009: 9.1k2010: 8.0k2011: 8.0k2012: 6.9k2013: 7.2k2014: 7.7k2015: 8.8k2016: 8.8k2017: 9.2k

Source: UNESCO Institute for Statistics.

Analysis

In 2017, initial government funding per upper secondary student, constant ppp$ in Iceland stood at 9,172.

That represents a change of up 4.3% on the previous year and down 5.3% over ten years.

Over the whole period, initial government funding per upper secondary student, constant ppp$ in Iceland peaked at 10,016 in 2006 and was at its lowest, 6,430, in 2000.

That places Iceland 16th out of 80 countries with data for 2017, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 6,718 6,718 6,718 1
2000s 8,805 6,430 10,016 10
2010s 8,060 6,854 9,172 8

Countries ranked near Iceland

  1. 13 Italy 9,542 compare
  2. 14 Japan 9,457 compare
  3. 15 Portugal 9,202 compare
  4. 17 Ireland 9,107 compare
  5. 18 United Kingdom 9,058 compare
  6. 19 Finland 8,663 compare

See the full ranking of 80 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is initial government funding per upper secondary student, constant ppp$ in Iceland?
Initial government funding per upper secondary student, constant ppp$ in Iceland was 9,172 in 2017, according to UNESCO Institute for Statistics.
What is the highest initial government funding per upper secondary student, constant ppp$ recorded in Iceland?
The highest recorded value was 10,016 in 2006.
What is the lowest initial government funding per upper secondary student, constant ppp$ recorded in Iceland?
The lowest recorded value was 6,430 in 2000.
How does Iceland rank for initial government funding per upper secondary student, constant ppp$?
Iceland ranks 16th out of 80 countries with data for 2017.
Is initial government funding per upper secondary student, constant ppp$ rising or falling in Iceland?
Over the last ten years it is down 5.3%. 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 upper secondary 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

Indicator
Initial government funding per upper secondary student, constant PPP$
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
80 places, 968 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/