Iceland - General Government Expenditure on Education

Since 2014, Iceland General Government Expenditure on Education was down by 0.1points year on year. In 2019, the country was ranked number 2 comparing other countries in General Government Expenditure on Education at 7.34 Percent of GDP. Costa Rica ranked the highest with 8.1 Percent of GDP in 2019, that is a growth of 0.7points versus 2018. Chile witnessed the best average annual growth at +7.7points per year, while Ireland was the worst growing country at -6.7points per year.

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Date Percent of GDP
2019 7.34
2018 7.37
2017 7.34
2016 7.05
2015 7.19
Download all data from 2012 to 2019

How does Iceland rank in General Government Expenditure on Education?

# 28 Countries Percent of GDP Last YoY 5‑years CAGR
1 #1
Costa Rica
8.10 % 2019 +0.7 % +1.5 % View data
2 #2
Iceland
7.34 % 2019 -0.5 % -0.1 % View data
3 #3
Israel
7.15 % 2019 +0.2 % +0.6 % View data
4 #4
Sweden
6.85 % 2019 -0.6 % +1.0 % View data
5 #5
Denmark
6.45 % 2019 +0.4 % -2.0 % View data
Compare all 28 countries

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