Government spending on education in Iceland
Government spending on education in Iceland was equal to 7.0% of GDP in 2024.
Iceland, 2024
7.0%
Change from 2023
+0.3percentage points
European Union, 2024
4.7%
Median of OECD (38 countries), 2024
5.1%
Position in 2024
2nd of 30
Government spending on education in Iceland over time
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Iceland
European Union
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% of GDP. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.
| Period | Iceland | European Union |
|---|---|---|
| 2024 | 7.0% | 4.7% |
| 2023 | 6.7% | 4.7% |
| 2022 | 6.8% | 4.6% |
| 2021 | 7.5% | 4.7% |
| 2020 | 8.0% | 4.9% |
| 2019 | 6.9% | 4.6% |
| 2018 | 7.0% | 4.6% |
| 2017 | 6.9% | 4.6% |
| 2016 | 6.7% | 4.7% |
| 2015 | 6.8% | 4.7% |
| 2014 | 6.9% | 4.8% |
| 2013 | 6.8% | 4.8% |
| 2012 | 6.9% | 4.8% |
| 2011 | 7.1% | 4.9% |
| 2010 | 7.1% | 5.0% |
| 2009 | 7.6% | – |
| 2008 | 7.5% | – |
| 2007 | 7.4% | – |
| 2006 | 7.6% | – |
| 2005 | 7.7% | – |
| 2004 | 7.6% | – |
| 2003 | 7.7% | – |
| 2002 | 7.7% | – |
| 2001 | 7.2% | – |
A dash means no value was published for that period.
In short
- That is a change of +0.3 percentage points from 6.7% in 2023.
- Since 2014, when it was 6.9%, the figure has changed by +0.1 percentage points.
- Among the 30 countries with data for 2024, Iceland has the 2nd highest value.
- The figure for the European Union in 2024 was 4.7%.