Expenditure on education in current prices in Iceland
Iceland: Expenditure on education in current prices was 674.9 in 2011. ▲ Rising
Latest (2011)
674.9
Change on year
down 0.0%
World rank
31st
of 31 countries
All-time high
743.4
in 2008
All-time low
248
in 1995
Years of data
17
1995–2011
Expenditure on education in current prices in Iceland, 1995–2011
Source: Eurostat.
Analysis
Iceland recorded 674.9 for expenditure on education in current prices in 2011.
Compared with earlier readings it is up 45.5% over ten years.
Over the whole period, expenditure on education in current prices in Iceland peaked at 743.4 in 2008 and was at its lowest, 248, in 1995.
That places Iceland 31st out of 31 countries with data for 2011, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Expenditure on education in current prices in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 248 | — |
| 1996 | 293 | +18.1% |
| 1997 | 319 | +8.9% |
| 1998 | 366 | +14.7% |
| 1999 | 394 | +7.7% |
| 2000 | 420 | +6.6% |
| 2001 | 463.8 | +10.4% |
| 2002 | 517.3 | +11.5% |
| 2003 | 578.6 | +11.8% |
| 2004 | 619.9 | +7.1% |
| 2005 | 657 | +6.0% |
| 2006 | 668.9 | +1.8% |
| 2007 | 690.4 | +3.2% |
| 2008 | 743.4 | +7.7% |
| 2009 | 703.1 | -5.4% |
| 2010 | 675.1 | -4.0% |
| 2011 | 674.9 | -0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 324 | 248 | 394 | 5 |
| 2000s | 606.24 | 420 | 743.4 | 10 |
| 2010s | 675 | 674.9 | 675.1 | 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)
- GNI, Atlas method (current US$), annual growth rate 11.95 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9074 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 89,219 current US$ per person (2025)
- GNI (current US$), annual growth rate 17.05 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9978 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 98,107 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.97 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 128.16 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is expenditure on education in current prices in Iceland?
- Expenditure on education in current prices in Iceland was 674.9 in 2011, according to Eurostat.
- What is the highest expenditure on education in current prices recorded in Iceland?
- The highest recorded value was 743.4 in 2008.
- What is the lowest expenditure on education in current prices recorded in Iceland?
- The lowest recorded value was 248 in 1995.
- How does Iceland rank for expenditure on education in current prices?
- Iceland ranks 31st out of 31 countries with data for 2011.
- Is expenditure on education in current prices rising or falling in Iceland?
- Over the last ten years it is up 45.5%. 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 current prices (1995-2011). Statizoid updates them automatically from the source API.
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