Iceland - Total Public Expenditure on Education
Since 2014, Iceland Total Public Expenditure on Education decreased by 0.3points year on year. At 7.3 Percent of GDP in 2019, the country was ranked number 3 comparing other countries in Total Public Expenditure on Education. Iceland is overtaken by Faroe Islands, which was number 2 with 8 Percent of GDP and is followed by Sweden with 6.9 Percent of GDP. Greenland lead the ranking with 10.8 Percent of GDP in 2019, a decrease of 0.9points versus 2018. Norway recorded the best 5 years average growth at +1.5points per year, while Greenland witnessed the worst performance at -3.3points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 7.30 |
| 2018 | 7.30 |
| 2017 | 7.30 |
| 2016 | 7.10 |
| 2015 | 7.20 |
Download all data from 2012 to 2019
How does Iceland rank in Total Public Expenditure on Education?
| # | 7 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
Greenland
|
10.80 % | 2019 | -0.9 % | -3.3 % | View data |
| 2 |
#2
Faroe Islands
|
8.00 % | 2019 | +0.0 % | -0.7 % | View data |
| 3 |
#3
Iceland
|
7.30 % | 2019 | +0.0 % | -0.3 % | View data |
| 4 |
#4
Sweden
|
6.90 % | 2019 | +0.0 % | +1.2 % | View data |
| 5 |
#5
Denmark
|
6.40 % | 2019 | +0.0 % | -2.0 % | View data |