Expenditure on educational institutions from public sources as a share of gdp reached 6.92% in 2011 in Iceland, according to Eurostat. This is 1.28% less than in the previous year.
Historically, expenditure on educational institutions from public sources as a share of GDP in Iceland reached an all time high of 7.34% in 2009 and an all time low of 5.50% in 1999.
Iceland has been ranked 3rd within the group of 32 countries we follow in terms of expenditure on educational institutions from public sources as a share of GDP.
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