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 |