Iceland - Government Expenditure on Education

Since 2014, Iceland Government Expenditure on Education was down by 0.1points year on year. At 7.65 Percent of GDP in 2019, the country was number 4 comparing other countries in Government Expenditure on Education. Iceland is overtaken by Sweden, which was number 3 with 7.9 Percent of GDP and is followed by Denmark at 7.63 Percent of GDP. Sierra Leone witnessed the best average annual growth at +19.9points per year, while Niger recorded the worst performance at -7.2points per year.

Loading...

Date Percent of GDP
2019 7.65
2018 7.61
2017 7.56
2016 7.46
2015 7.53
Download all data from 1990 to 2019

How does Iceland rank in Government Expenditure on Education?

# 140 Countries Percent of GDP Last YoY 5‑years CAGR
1 #1
Federated States of Micronesia
12.46 % 2015 NA NA View data
2 #2
Norway
8.13 % 2019 +1.0 % +1.1 % View data
3 #3
Sweden
7.90 % 2019 +0.9 % +0.6 % View data
4 #4
Iceland
7.65 % 2019 +0.6 % -0.1 % View data
5 #5
Denmark
7.63 % 2014 -10.1 % -2.0 % View data
Compare all 140 countries

Go Top