Iceland - Education expenditure

Adjusted savings: education expenditure (current US$)

The latest value for Adjusted savings: education expenditure (current US$) in Iceland was 1,839,462,000 as of 2019. Over the past 49 years, the value for this indicator has fluctuated between 1,861,221,000 in 2018 and 21,777,020 in 1970.

Definition: Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.

Source: UNESCO; data are extrapolated to the most recent year available

See also:

Year Value
1970 21,777,020
1971 27,762,690
1972 34,656,840
1973 47,684,110
1974 62,498,200
1975 57,431,800
1976 68,047,060
1977 90,383,950
1978 102,413,200
1979 116,262,300
1980 137,623,900
1981 141,186,700
1982 128,837,100
1983 110,273,000
1984 113,523,100
1985 118,947,500
1986 160,130,400
1987 223,898,100
1988 247,094,500
1989 227,178,500
1990 259,492,900
1991 303,994,200
1992 312,776,500
1993 294,833,800
1994 275,798,900
1995 315,377,800
1996 345,857,100
1997 370,079,500
1998 536,702,800
1999 497,540,300
2000 497,840,200
2001 482,239,200
2002 616,007,200
2003 783,477,600
2004 905,508,700
2005 1,122,869,000
2006 1,125,492,000
2007 1,389,588,000
2008 1,176,534,000
2009 880,203,100
2010 896,317,300
2011 982,838,800
2012 1,053,985,000
2013 1,137,786,000
2014 1,281,720,000
2015 1,234,478,000
2016 1,475,424,000
2017 1,789,560,000
2018 1,861,221,000
2019 1,839,462,000

Adjusted savings: education expenditure (% of GNI)

Adjusted savings: education expenditure (% of GNI) in Iceland was 7.47 as of 2019. Its highest value over the past 49 years was 8.36 in 2008, while its lowest value was 4.10 in 1970.

Definition: Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.

Source: UNESCO; data are extrapolated to the most recent year available

See also:

Year Value
1970 4.10
1971 4.10
1972 4.10
1973 4.10
1974 4.10
1975 4.10
1976 4.10
1977 4.10
1978 4.10
1979 4.10
1980 4.10
1981 4.10
1982 4.10
1983 4.10
1984 4.10
1985 4.10
1986 4.10
1987 4.10
1988 4.10
1989 4.10
1990 4.10
1991 4.46
1992 4.46
1993 4.80
1994 4.40
1995 4.50
1996 4.70
1997 4.97
1998 6.44
1999 5.65
2000 5.73
2001 6.06
2002 6.60
2003 6.91
2004 6.79
2005 7.01
2006 7.04
2007 6.86
2008 8.36
2009 8.34
2010 8.06
2011 7.65
2012 8.18
2013 7.44
2014 7.59
2015 7.46
2016 7.44
2017 7.47
2018 7.47
2019 7.47

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts