Public expenditure on education as a share of gdp reached 7.36% in 2011 in Iceland, according to Eurostat. This is 3.16% less than in the previous year.
Historically, public expenditure on education as a share of GDP in Iceland reached an all time high of 7.81% in 2009 and an all time low of 5.93% in 2000.
Iceland has been ranked 4th within the group of 31 countries we follow in terms of public expenditure on education as a share of GDP.
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