Public spending on education as a share of gdp reached 7.72% in 2020 in Iceland, according to World Bank. This is 2.29% more than in the previous year.
Historically, public spending on education as a share of GDP in Iceland reached an all time high of 7.72% in 2020 and an all time low of 4.26% in 1990.
Iceland has been ranked 6th within the group of 140 countries we follow in terms of public spending on education as a share of GDP.
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