Public expenditure on education in current prices, by education level in Iceland
Iceland: Public expenditure on education in current prices, by education level was 491.9 in 2023. ▲ Rising
Public expenditure on education in current prices, by education level in Iceland, 2012–2023
Source: Eurostat.
Analysis
Iceland recorded 491.9 for public expenditure on education in current prices, by education level in 2023. That is the highest value across all 12 years on record.
The figure is up 5.9% on the previous year and up 193.1% over ten years.
Over the whole period, public expenditure on education in current prices, by education level in Iceland peaked at 491.9 in 2023 and was at its lowest, 161.7, in 2012.
That places Iceland 23rd out of 31 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Public expenditure on education in current prices, by education level in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 161.7 | — |
| 2013 | 167.8 | +3.8% |
| 2014 | 199.6 | +19.0% |
| 2015 | 225.9 | +13.2% |
| 2016 | 267 | +18.2% |
| 2017 | 328.9 | +23.2% |
| 2018 | 347.9 | +5.8% |
| 2019 | 350.5 | +0.7% |
| 2020 | 349.3 | -0.3% |
| 2021 | 397.1 | +13.7% |
| 2022 | 464.4 | +16.9% |
| 2023 | 491.9 | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 256.16 | 161.7 | 350.5 | 8 |
| 2020s | 425.68 | 349.3 | 491.9 | 4 |
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)
- GDP (current US$), annual growth rate 16.26 % change on previous year (2025)
- GDP (current US$), per capita 98,323 current US$ per person (2025)
- GDP (current LCU), annual growth rate 8.24 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 128.44 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 12.63 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.28 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5991 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 58,910 constant 2015 US$ per person (2025)
Frequently asked questions
- What is public expenditure on education in current prices, by education level in Iceland?
- Public expenditure on education in current prices, by education level in Iceland was 491.9 in 2023, according to Eurostat.
- What is the highest public expenditure on education in current prices, by education level recorded in Iceland?
- The highest recorded value was 491.9 in 2023.
- What is the lowest public expenditure on education in current prices, by education level recorded in Iceland?
- The lowest recorded value was 161.7 in 2012.
- How does Iceland rank for public expenditure on education in current prices, by education level?
- Iceland ranks 23rd out of 31 countries with data for 2023.
- Is public expenditure on education in current prices, by education level rising or falling in Iceland?
- Over the last ten years it is up 193.1%. 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 Public expenditure on education in current prices, by education level and programme orientation. Statizoid updates them automatically from the source API.
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