Europe & Central Asia (IDA & IBRD countries) vs Iceland: Adjusted savings: education expenditure
Adjusted savings: education expenditure over time
- Europe & Central Asia (IDA & IBRD countries)
- Iceland
How they compare
Iceland currently reports 7.2% against 4.2% in Europe & Central Asia (IDA & IBRD countries), a difference of 3.0%.
That makes Iceland's figure about 1.7 times Europe & Central Asia (IDA & IBRD countries)'s.
Across all 52 years both countries report, Iceland has been ahead every year.
Europe & Central Asia (IDA & IBRD countries) ranks 17th and Iceland ranks 14th of 47 groups.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.1% | 4.1% | 2.0% | Iceland |
| 1980s | 2.4% | 4.1% | 1.7% | Iceland |
| 1990s | 3.8% | 4.8% | 1.0% | Iceland |
| 2000s | 3.7% | 7.0% | 3.3% | Iceland |
| 2010s | 4.0% | 7.6% | 3.6% | Iceland |
| 2020s | 4.2% | 7.2% | 2.9% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: education expenditure, Europe & Central Asia (IDA & IBRD countries) or Iceland?
- Iceland, at 7.2% against 4.2% in Europe & Central Asia (IDA & IBRD countries) as of 2021.
- What is the difference in adjusted savings: education expenditure between Europe & Central Asia (IDA & IBRD countries) and Iceland?
- 3.0%, with Iceland ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Iceland?
- 52 years are reported by both, from 1970 to 2021.
- How do Europe & Central Asia (IDA & IBRD countries) and Iceland rank globally for adjusted savings: education expenditure?
- Europe & Central Asia (IDA & IBRD countries) ranks 17th and Iceland ranks 14th of 47 groups.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: education expenditure (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.