Iceland - General Government Expenditure on Education
Since 2014, Iceland General Government Expenditure on Education decreased by 0.1points year on year. In 2019, the country was number 2 among other countries in General Government Expenditure on Education with 7.34 Percent of GDP. Costa Rica ranked the highest with 7.99 Percent of GDP in 2019, +0.6points compared to 2018. Chile witnessed the best average annual growth at +4.7points per year, while Ireland witnessed the worst performance at -6.8points 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?
| # | 27 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
Costa Rica
|
7.99 % | 2019 | +0.6 % | +1.2 % | View data |
| 2 |
#2
Iceland
|
7.34 % | 2019 | -0.4 % | -0.1 % | View data |
| 3 |
#3
Israel
|
6.97 % | 2019 | -1.9 % | +0.1 % | View data |
| 4 |
#4
Sweden
|
6.85 % | 2019 | -0.5 % | +1.0 % | View data |
| 5 |
#5
Denmark
|
6.42 % | 2019 | +0.3 % | -2.1 % | View data |