Share edu spending gdp vs share edu total spending in Iceland
Iceland: Share edu spending gdp vs share edu total spending was 15.65 in 2022. β² Rising
Latest (2022)
15.65
Change on year
down 5.6%
World rank
54th
of 190 countries
All-time high
17.44
in 2019
All-time low
10.96
in 1995
Years of data
30
1990β2022
Share edu spending gdp vs share edu total spending in Iceland, 1990β2022
Source: Our World in Data.
Analysis
Iceland recorded 15.65 for share edu spending gdp vs share edu total spending in 2022.
The figure is down 5.6% on the previous year and down 1.4% over ten years.
Over the whole period, share edu spending gdp vs share edu total spending in Iceland peaked at 17.44 in 2019 and was at its lowest, 10.96, in 1995.
Iceland ranks 54th of 190 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.69 | 10.96 | 16.6 | 7 |
| 2000s | 14.74 | 11.1 | 16.31 | 10 |
| 2010s | 16.14 | 13.44 | 17.44 | 10 |
| 2020s | 16.35 | 15.65 | 16.8 | 3 |
Countries ranked near Iceland
- 51 El Salvador 15.89 compare
- 52 Hong Kong (China) 15.74 compare
- 53 Afghanistan 15.66 compare
- 55 Saudi Arabia 15.64 compare
- 56 Uruguay 15.61 compare
- 57 Algeria 15.54 compare
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)
- Taxes less subsidies on products (current LCU), annual growth rate -1.47 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 12.93 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 1.27 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0058 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 171.46 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 125.2 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.008 (2025)
- Gdp worldbank constant usd, annual growth rate 1.28 % change on previous year (2025)
Frequently asked questions
- What is share edu spending gdp vs share edu total spending in Iceland?
- Share edu spending gdp vs share edu total spending in Iceland was 15.65 in 2022, according to Our World in Data.
- What is the highest share edu spending gdp vs share edu total spending recorded in Iceland?
- The highest recorded value was 17.44 in 2019.
- What is the lowest share edu spending gdp vs share edu total spending recorded in Iceland?
- The lowest recorded value was 10.96 in 1995.
- How does Iceland rank for share edu spending gdp vs share edu total spending?
- Iceland ranks 54th out of 190 countries with data for 2022.
- Is share edu spending gdp vs share edu total spending rising or falling in Iceland?
- Over the last ten years it is down 1.4%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Share edu spending gdp vs share edu total spending. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 30 observations, free to reuse under CC BY 4.0 (Our World in Data).