Education spending in Iceland

7.3%

% of GDP · 2022

11th highest of 164 countries

In 2012: 7.6%

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Nearby in the ranking

  1. Bolivia 7.6%
  2. Bhutan 7.5%
  3. Sweden 7.3%
  4. Iceland 7.3%
  5. Kyrgyzstan 7.2%
  6. St. Vin. and Gren. 7.1%
  7. Tunisia 6.8%

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Education spending in every country

About the data

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.

Unit
% of GDP
Years
1971–2025
Data as of
2026-09-28
Source
World Bank
License
CC BY 4.0
Credit
World Bank, World Development Indicators (SE.XPD.TOTL.GD.ZS), CC BY 4.0