Total expenditure on education as a share of gdp reached 7.70% in 2011 in Iceland, according to Eurostat. This is 1.28% less than in the previous year.
Historically, total expenditure on education as a share of GDP in Iceland reached an all time high of 8.10% in 2009 and an all time low of 6.00% in 1999.
Iceland has been ranked 4th within the group of 32 countries we follow in terms of total expenditure on education as a share of GDP.
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