Iceland vs Panama: Adjusted savings: education expenditure

Iceland
1.75 billion current US$
in 2021
Panama
1.66 billion current US$
in 2021
Iceland rank
88th
Panama rank
90th

Adjusted savings: education expenditure over time

  • Iceland
  • Panama
0500.0M1.0B1.5B2.0B197019952021

How they compare

Iceland currently reports 1.75 billion current US$ against 1.66 billion current US$ in Panama, a difference of 88.62 million current US$.

That makes Iceland's figure about 1.1 times Panama's.

The two have swapped places 5 times across 52 shared years of data; in 1970 it was Panama ahead.

Iceland ranks 88th and Panama ranks 90th of 195 countries.

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

Head to head by decade

Decade Iceland Panama Difference Ahead
1970s 62.89 million current US$ 101.72 million current US$ 38.83 million current US$ Panama
1980s 160.87 million current US$ 251.12 million current US$ 90.25 million current US$ Panama
1990s 351.25 million current US$ 407.12 million current US$ 55.87 million current US$ Panama
2000s 897.98 million current US$ 539.11 million current US$ 358.86 million current US$ Iceland
2010s 1.35 billion current US$ 1.32 billion current US$ 26.58 million current US$ Iceland
2020s 1.63 billion current US$ 1.56 billion current US$ 68.14 million current US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher adjusted savings: education expenditure, Iceland or Panama?
Iceland, at 1.75 billion current US$ against 1.66 billion current US$ in Panama as of 2021.
What is the difference in adjusted savings: education expenditure between Iceland and Panama?
88.62 million current US$, with Iceland ahead.
How many years of comparable data are there for Iceland and Panama?
52 years are reported by both, from 1970 to 2021.
How do Iceland and Panama rank globally for adjusted savings: education expenditure?
Iceland ranks 88th and Panama ranks 90th of 195 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Adjusted savings: education expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Panama: Adjusted savings: education expenditure. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 26 August 2026, from https://economy.statizoid.com/compare/adjusted-savings-education-expenditure-current-us/iceland/panama/

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About this data

Indicator
Adjusted savings: education expenditure (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
195 places, 8,370 data points, 1970–2021
Last refreshed

Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.