Iceland Education Spending 2005-2024
General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.
- Iceland education spending for 2022 was 14.90%, a 0.51% decline from 2021.
- Iceland education spending for 2021 was 15.41%, a 0.47% decline from 2020.
- Iceland education spending for 2020 was 15.88%, a 0.26% decline from 2019.
- Iceland education spending for 2019 was 16.14%, a 0.15% increase from 2018.
| Iceland Education Spending - Historical Data |
| Year |
Education Spending (% of GDP) |
Annual Change |
| 2022 |
14.90% |
-0.51% |
| 2021 |
15.41% |
-0.47% |
| 2020 |
15.88% |
-0.26% |
| 2019 |
16.14% |
0.15% |
| 2018 |
15.99% |
0.18% |
| 2017 |
15.81% |
1.41% |
| 2016 |
14.40% |
-1.22% |
| 2015 |
15.62% |
0.49% |
| 2014 |
15.13% |
-0.37% |
| 2013 |
15.50% |
0.94% |
| 2012 |
14.56% |
0.49% |
| 2011 |
14.07% |
-0.62% |
| 2010 |
14.69% |
0.59% |
| 2009 |
14.10% |
2.25% |
| 2008 |
11.86% |
-4.76% |
| 2007 |
16.61% |
-0.49% |
| 2006 |
17.10% |
-0.24% |
| 2005 |
17.34% |
-0.24% |
