Iceland vs Papua New Guinea: Adjusted savings: education expenditure

Iceland
1.75 billion current US$
in 2021
Papua New Guinea
1.76 billion current US$
in 2021
Iceland rank
88th
Papua New Guinea rank
87th

Adjusted savings: education expenditure over time

  • Iceland
  • Papua New Guinea
0500.0M1.0B1.5B2.0B197019952021

How they compare

Papua New Guinea currently reports 1.76 billion current US$ against 1.75 billion current US$ in Iceland, a difference of 11.54 million current US$.

The two have swapped places 8 times across 52 shared years of data; in 1970 it was Papua New Guinea ahead.

Iceland ranks 88th and Papua New Guinea ranks 87th of 195 countries.

Across the 6 decades both report, Iceland averaged higher in 2 and Papua New Guinea in 4.

Head to head by decade

Decade Iceland Papua New Guinea Difference Ahead
1970s 62.89 million current US$ 84.98 million current US$ 22.09 million current US$ Papua New Guinea
1980s 160.87 million current US$ 185.43 million current US$ 24.56 million current US$ Papua New Guinea
1990s 351.25 million current US$ 281.31 million current US$ 69.93 million current US$ Iceland
2000s 897.98 million current US$ 402.07 million current US$ 495.91 million current US$ Iceland
2010s 1.35 billion current US$ 1.40 billion current US$ 54.84 million current US$ Papua New Guinea
2020s 1.63 billion current US$ 1.69 billion current US$ 63.66 million current US$ Papua New Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher adjusted savings: education expenditure, Iceland or Papua New Guinea?
Papua New Guinea, at 1.76 billion current US$ against 1.75 billion current US$ in Iceland as of 2021.
What is the difference in adjusted savings: education expenditure between Iceland and Papua New Guinea?
11.54 million current US$, with Papua New Guinea ahead.
How many years of comparable data are there for Iceland and Papua New Guinea?
52 years are reported by both, from 1970 to 2021.
How do Iceland and Papua New Guinea rank globally for adjusted savings: education expenditure?
Iceland ranks 88th and Papua New Guinea ranks 87th of 195 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Adjusted savings: education expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Papua New Guinea: Adjusted savings: education expenditure. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 04 September 2026, from https://economy.statizoid.com/compare/adjusted-savings-education-expenditure-current-us/iceland/papua-new-guinea/

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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.