Expenditure on education in constant prices in Iceland
Iceland: Expenditure on education in constant prices was 161.3 in 2011. ▲ Rising
Latest (2011)
161.3
Change on year
down 0.6%
World rank
8th
of 28 countries
All-time high
179.99
in 2008
All-time low
95.38
in 1999
Years of data
13
1999–2011
Expenditure on education in constant prices in Iceland, 1999–2011
Source: Eurostat.
Analysis
In 2011, expenditure on education in constant prices in Iceland stood at 161.3.
Compared with earlier readings it is down 0.6% on the previous year and up 44.6% over ten years.
Over the whole period, expenditure on education in constant prices in Iceland peaked at 179.99 in 2008 and was at its lowest, 95.38, in 1999.
That places Iceland 8th out of 28 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Expenditure on education in constant prices in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 95.38 | — |
| 2000 | 100 | +4.8% |
| 2001 | 111.57 | +11.6% |
| 2002 | 121.59 | +9.0% |
| 2003 | 141.28 | +16.2% |
| 2004 | 147.85 | +4.7% |
| 2005 | 161.09 | +9.0% |
| 2006 | 167.65 | +4.1% |
| 2007 | 173.28 | +3.4% |
| 2008 | 179.99 | +3.9% |
| 2009 | 173.74 | -3.5% |
| 2010 | 162.23 | -6.6% |
| 2011 | 161.3 | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 95.38 | 95.38 | 95.38 | 1 |
| 2000s | 147.8 | 100 | 179.99 | 10 |
| 2010s | 161.76 | 161.3 | 162.23 | 2 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 115.52 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 11.36 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5382 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 52,920 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 83.85 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is expenditure on education in constant prices in Iceland?
- Expenditure on education in constant prices in Iceland was 161.3 in 2011, according to Eurostat.
- What is the highest expenditure on education in constant prices recorded in Iceland?
- The highest recorded value was 179.99 in 2008.
- What is the lowest expenditure on education in constant prices recorded in Iceland?
- The lowest recorded value was 95.38 in 1999.
- How does Iceland rank for expenditure on education in constant prices?
- Iceland ranks 8th out of 28 countries with data for 2011.
- Is expenditure on education in constant prices rising or falling in Iceland?
- Over the last ten years it is up 44.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Expenditure on education in constant prices (1999-2011). Statizoid updates them automatically from the source API.
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