Education expenditure in the budget in Iceland in 2022 — 15.66%. Ranked 48 in the world out of 156. Since 1990, the indicator has risen by 4.15 pp.
1990–2022 · % of government expenditure
How the value compares with the world and the groups this territory belongs to: Iceland
| Year | % | Change, pp |
|---|---|---|
| 2022 | 15.66 | −0.94 pp |
| 2021 | 16.59 | −0.21 pp |
| 2020 | 16.8 | −0.65 pp |
| 2019 | 17.44 | +0.19 pp |
| 2018 | 17.25 | +0.17 pp |
| 2017 | 17.08 | +1.07 pp |
| 2016 | 16 | −1.15 pp |
| 2015 | 17.16 | +0.48 pp |
| 2014 | 16.67 | +0.47 pp |
| 2013 | 16.2 | +0.32 pp |
| 2012 | 15.88 | +2.45 pp |
| 2011 | 13.44 | −0.8 pp |
| 2010 | 14.23 | +0.81 pp |
| 2009 | 13.42 | +2.32 pp |
| 2008 | 11.1 | −4.42 pp |
| 2007 | 15.52 | −0.53 pp |
| 2006 | 16.05 | −0.26 pp |
| 2005 | 16.31 | +0.97 pp |
| 2004 | 15.34 | +0.18 pp |
| 2003 | 15.16 | −0.9 pp |
| 2002 | 16.06 | +1.91 pp |
| 2001 | 14.14 | −0.21 pp |
| 2000 | 14.35 | +0.17 pp |
| 1999 | 14.17 | −2.42 pp |
| 1998 | 16.6 | — |
| 1996 | 12.6 | +1.65 pp |
| 1995 | 10.96 | −0.24 pp |
| 1994 | 11.2 | −0.63 pp |
| 1993 | 11.83 | — |
| 1990 | 11.5 | — |
The same indicator for neighboring countries — with links to their pages
Government expenditure on education as a percentage of total government expenditure. Unlike the share of GDP, it shows the priority within the budget: a country may spend little on education as a percentage of GDP, yet with a small state that turns out to be a significant part of all expenditure. The international benchmark agreed under the Dakar Framework for Action is fifteen to twenty percent of the budget.
Important: The aggregate is weighted by government consumption in dollars: it accounts for about two thirds of all budget expenditure, and the source does not publish absolute spending. The same device is used for military expenditure in the budget.
Source: UNESCO Institute for Statistics (UIS), license CC BY-SA 3.0 IGO.
Government spending on education at all levels as a percentage of GDP.
Public Finance Government expenseHow much the state spends in a year — including wages, pensions, benefits and interest on debt.
Education Harmonized test scoresWhat children have actually learned — a score on a scale that brings different international tests together.
