Iceland vs New Zealand: Adjusted savings: education expenditure (current US$), per unit of GDP

Iceland
0.0666 current US$ per US$ of GDP
in 2021
New Zealand
0.0713 current US$ per US$ of GDP
in 2021
Iceland rank
15th
New Zealand rank
12th

Adjusted savings: education expenditure (current US$), per unit of GDP over time

  • Iceland
  • New Zealand
00.020.040.060.08197019952021

How they compare

New Zealand currently reports 0.0713 current US$ per US$ of GDP against 0.0666 current US$ per US$ of GDP in Iceland, a difference of 0.0047 current US$ per US$ of GDP.

That makes New Zealand's figure about 1.1 times Iceland's.

The two have swapped places 15 times across 52 shared years of data; in 1970 it was Iceland ahead.

Iceland ranks 15th and New Zealand ranks 12th of 194 countries.

Across the 6 decades both report, Iceland averaged higher in 3 and New Zealand in 3.

Head to head by decade

Decade Iceland New Zealand Difference Ahead
1970s 0.0397 current US$ per US$ of GDP 0.0392 current US$ per US$ of GDP 0.0005 current US$ per US$ of GDP Iceland
1980s 0.0388 current US$ per US$ of GDP 0.0382 current US$ per US$ of GDP 0.0007 current US$ per US$ of GDP Iceland
1990s 0.0464 current US$ per US$ of GDP 0.0597 current US$ per US$ of GDP 0.0133 current US$ per US$ of GDP New Zealand
2000s 0.0634 current US$ per US$ of GDP 0.0615 current US$ per US$ of GDP 0.0019 current US$ per US$ of GDP Iceland
2010s 0.0692 current US$ per US$ of GDP 0.0702 current US$ per US$ of GDP 0.001 current US$ per US$ of GDP New Zealand
2020s 0.0676 current US$ per US$ of GDP 0.0716 current US$ per US$ of GDP 0.004 current US$ per US$ of GDP New Zealand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher adjusted savings: education expenditure (current us$), per unit of gdp, Iceland or New Zealand?
New Zealand, at 0.0713 current US$ per US$ of GDP against 0.0666 current US$ per US$ of GDP in Iceland as of 2021.
What is the difference in adjusted savings: education expenditure (current us$), per unit of gdp between Iceland and New Zealand?
0.0047 current US$ per US$ of GDP, with New Zealand ahead.
How many years of comparable data are there for Iceland and New Zealand?
52 years are reported by both, from 1970 to 2021.
How do Iceland and New Zealand rank globally for adjusted savings: education expenditure (current us$), per unit of gdp?
Iceland ranks 15th and New Zealand ranks 12th of 194 countries.
Where does this data come from?
Statizoid (derived), published as Adjusted savings: education expenditure (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs New Zealand: Adjusted savings: education expenditure (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/compare/adjusted-savings-education-expenditure-current-us-per-unit-of-gdp/iceland/new-zealand/

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About this data

Indicator
Adjusted savings: education expenditure (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 8,330 data points, 1970–2021
Last refreshed

Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.