Iceland - Central Government Expenditure on Education

Since 2013, Iceland Central Government Expenditure on Education decreased by 4.2points year on year. In 2016, the country was ranked number 23 comparing other countries in Central Government Expenditure on Education with 8.35 Percent. Iceland is overtaken by Lithuania, which was ranked number 22 with 9.4 Percent and is followed by Estonia with 6.64 Percent. Costa Rica ranked the highest with 34.35 Percent in 2015, a growth of 1.5points versus 2014. South Korea, Israel and Netherlands respectively ranked number 2, 3 and 4 in this ranking. Germany witnessed the best average annual growth at +4.4points per year, while Belgium witnessed the worst performance at -30.1points per year.

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Date Percent
2016 8.35
2015 9.57
2014 9.00
2013 9.50
Download all data from 2013 to 2016

How does Iceland rank in Central Government Expenditure on Education?

# 33 Countries Percent Last YoY 5‑years CAGR
1 #1
Costa Rica
34.35 % 2015 +1.5 % -0.1 % View data
2 #2
South Korea
20.14 % 2019 +0.6 % +0.7 % View data
22 #22
Lithuania
9.40 % 2019 -0.2 % -2.7 % View data
23 #23
Iceland
8.35 % 2016 -12.8 % -4.2 % View data
24 #24
Estonia
6.64 % 2019 -1.8 % -2.4 % View data
Compare all 33 countries

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