Iceland - Tertiary Education Expenditure from Public Sources
Since 2014, Iceland Tertiary Education Expenditure from Public Sources jumped by 0.4points year on year. At 1.16 Percent of GDP in 2019, the country was number 13 among other countries in Tertiary Education Expenditure from Public Sources. Iceland is overtaken by Lithuania, which was ranked number 12 with 1.17 Percent of GDP and is followed by Latvia with 1.15 Percent of GDP. Norway topped the ranking with 1.69 Percent of GDP in 2019, +0.7points versus 2018. Finland, Costa Rica and Austria respectively ranked number 2, 3 and 4 in this ranking. Slovakia recorded the best 5 years average growth at +9.8points per year, while United Kingdom recorded the worst performance at -21.2points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 1.16 |
| 2018 | 1.16 |
| 2017 | 1.15 |
| 2016 | 1.15 |
| 2015 | 1.15 |
How does Iceland rank in Tertiary Education Expenditure from Public Sources?
| # | 40 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Norway
|
1.69 % | 2019 | +0.7 % | +1.0 % | View data | |
| 2 |
#2
Finland
|
1.64 % | 2019 | +0.0 % | -0.8 % | View data | |
| 12 |
#12
Lithuania
|
1.17 % | 2019 | +0.7 % | -1.0 % | View data | |
| 13 |
#13
Iceland
|
1.16 % | 2019 | +0.4 % | +0.4 % | View data | |
| 14 |
#14
Latvia
|
1.15 % | 2019 | +1.9 % | +2.2 % | View data | |