Iceland - Government Expenditure on Education
Since 2014, Iceland Government Expenditure on Education increased 0.1points year on year. At 7.74 Percent of GDP in 2019, the country was ranked number 5 comparing other countries in Government Expenditure on Education. Iceland is overtaken by Sweden, which was ranked number 4 at 7.74 Percent of GDP and is followed by Sierra Leone at 7.7 Percent of GDP. Sierra Leone witnessed the best average annual growth at +23.7points per year, while Niger recorded the worst performance at -8.2points per year.
Loading...
| Date | Percent of GDP |
|---|---|
| 2019 | 7.74 |
| 2018 | 7.69 |
| 2017 | 7.66 |
| 2016 | 7.50 |
| 2015 | 7.51 |
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
|
12.41 % | 2015 | NA | NA | View data | |
| 2 |
#2
Norway
|
8.10 % | 2019 | +1.0 % | +1.0 % | View data | |
| 4 |
#4
Sweden
|
7.74 % | 2019 | +0.9 % | +0.4 % | View data | |
| 5 |
#5
Iceland
|
7.74 % | 2019 | +0.7 % | +0.1 % | View data | |
| 6 |
#6
Sierra Leone
|
7.70 % | 2019 | +10.2 % | +23.7 % | View data | |