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24Peaks / Europe / Iceland / Government Education Expenditure (% of GDP)

Iceland - Government Education Expenditure (% of GDP) 7.31

World Bank WDI · updated 2026-10-15 · 203 economies tracked

Latest value

7.31 (2022)

Global rank

##11 of 203 economies

Share of global total

1.0%

Growth since 1990

1.72×

Ranking Race — Government Education Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#23#45#67#89#111#1331970198019902000201020202025#21#112017 overtook Denmark2020 overtook Sweden
IcelandBurundiPhilippines

Real annual global ranks, 1970 - 2025. Iceland climbed from #21 to #11 (overtook Denmark). Gaps in a lane = missing data that year.

Key events for Iceland ↓

Key Events — Iceland

Auto-detected from rank data + curated milestones

2017
Overtook Denmark in global rank auto
2020
Overtook Sweden in global rank auto

Government Education Expenditure (% of GDP), 1990-2022

World Bank WDI · % of GDP · linear scale · ranking in the race above
199020002010202020224.265.77.148.58

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Related indicators

Government Health Expenditure (% of GDP), General Government Gross Debt (% of GDP), Government Defence Expenditure (% of GDP), Government Revenue (% of GDP)

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