Public Spending on Education (As % of Government Expenditure) in Iceland

Source: World Bank
Last Updated: July 1, 2023

Public spending on education as a share of government expenditure reached 15.3% in 2020 in Iceland, according to World Bank. This is 12.3% less than in the previous year.

Historically, public spending on education as a share of government expenditure in Iceland reached an all time high of 17.4% in 2019 and an all time low of 11.0% in 1995.

Iceland has been ranked 44th within the group of 142 countries we follow in terms of public spending on education as a share of government expenditure.

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