Iceland - Education Spending 2025
7.88%
+0.59% from 2024
Iceland's education spending was 7.88% in 2025. This was the 10th highest globally.
Global Ranking - 2025▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Kiribati | 16.10% | -1.8% |
| 2nd | Tuvalu | 15.60% | 21.5% |
| 3rd | Vanuatu | 14.53% | 91.6% |
| 4th | Marshall Islands | 11.52% | 49.6% |
| 5th | Cuba | 9.87% | 16.9% |
| 6th | Namibia | 9.30% | 2.3% |
| 7th | Solomon Islands | 8.93% | 7.7% |
| 8th | Kyrgyz Republic | 7.97% | 16.7% |
| 9th | Bolivia, Plurinational State of | 7.91% | -4.9% |
| 10th | Iceland | 7.88% | 8.1% |
| 11th | Bhutan | 7.85% | 34.2% |
| 12th | St. Vincent and the Grenadines | 7.25% | 12.3% |
| 13th | Sweden | 7.24% | -1.1% |
| 14th | Tunisia | 7.00% | 3.9% |
| 15th | Lesotho | 6.76% | 2.1% |
| 16th | Mozambique | 6.73% | 12.7% |
| 17th | Senegal | 6.72% | 9.0% |
| 18th | Finland | 6.61% | 3.7% |
| 19th | Morocco | 6.44% | 6.9% |
| 20th | Moldova | 6.40% | -3.4% |
| 21st | Korea | 6.37% | 9.6% |
| 22nd | Belgium | 6.34% | 1.0% |
| 23rd | Samoa | 6.33% | 16.0% |
| 24th | Israel | 6.05% | 1.9% |
| 25th | South Africa | 5.99% | -0.6% |
| 26th | Denmark | 5.93% | -6.7% |
| 27th | Argentina | 5.79% | -1.9% |
| 28th | Eswatini | 5.78% | -4.1% |
| 29th | Tonga | 5.77% | 8.6% |
| 30th | Kazakhstan | 5.74% | 18.4% |
| 31st | Germany | 5.73% | 9.4% |
| 32nd | Slovenia | 5.73% | 8.5% |
| 33rd | Kuwait | 5.70% | -11.4% |
| 34th | Nauru | 5.65% | -0.5% |
| 35th | Jamaica | 5.59% | 1.5% |
| 36th | Austria | 5.51% | 4.4% |
| 37th | Dominica | 5.41% | 0.5% |
| 38th | Slovak Republic | 5.40% | 16.1% |
| 39th | France | 5.36% | 0.7% |
| 40th | Estonia | 5.33% | 2.3% |
| 41st | Netherlands | 5.31% | 2.5% |
| 42nd | New Zealand | 5.28% | 0.2% |
| 43rd | Rwanda | 5.27% | 12.3% |
| 44th | Spain | 5.26% | 14.7% |
| 45th | Maldives | 5.25% | 1.6% |
| 46th | Australia | 5.24% | 3.5% |
| 47th | Burkina Faso | 5.24% | -1.7% |
| 48th | Tajikistan | 5.23% | -3.7% |
| 49th | Grenada | 5.23% | 2.1% |
| 50th | Bulgaria | 5.09% | 13.1% |
| 51st | Brazil | 5.09% | -9.5% |
| 52nd | Switzerland | 5.04% | 2.4% |
| 53rd | Macao SAR, China | 5.04% | 43.9% |
| 54th | Algeria | 4.98% | -11.3% |
| 55th | Saudi Arabia | 4.94% | -3.5% |
| 56th | European Union | 4.87% | 4.5% |
| 57th | Malta | 4.86% | 2.9% |
| 58th | Canada | 4.81% | -1.3% |
| 59th | Uzbekistan | 4.78% | -12.7% |
| 60th | Curaçao | 4.76% | -12.6% |
| 61st | Uruguay | 4.72% | -1.9% |
| 62nd | Lithuania | 4.70% | 10.5% |
| 63rd | Belarus | 4.69% | -5.3% |
| 64th | Norway | 4.66% | -14.6% |
| 65th | Seychelles | 4.65% | 4.4% |
| 66th | Portugal | 4.64% | 2.0% |
| 67th | Czechia | 4.63% | 7.7% |
| 68th | Latvia | 4.63% | 7.2% |
| 69th | São Tomé and Principe | 4.58% | -8.8% |
| 70th | Mali | 4.56% | 9.0% |
| 71st | Oman | 4.52% | 5.0% |
| 72nd | Cabo Verde | 4.50% | 3.4% |
| 73rd | Mauritania | 4.47% | -5.1% |
| 74th | Chile | 4.44% | -9.4% |
| 75th | Cyprus | 4.39% | -7.4% |
| 76th | Russian Federation | 4.38% | 5.1% |
| 77th | India | 4.36% | 6.3% |
| 78th | Poland | 4.33% | 0.5% |
| 79th | Mauritius | 4.32% | 5.5% |
| 80th | Puerto Rico (US) | 4.24% | -0.8% |
| 81st | Niger | 4.18% | 2.6% |
| 82nd | Peru | 4.18% | -1.4% |
| 83rd | China | 4.14% | 3.4% |
| 84th | Mexico | 4.09% | 0.6% |
| 85th | Italy | 4.07% | 0.0% |
| 86th | Belize | 4.05% | -12.3% |
| 87th | Sint Maarten (Dutch part) | 4.03% | 2.6% |
| 88th | Philippines | 3.97% | 1.1% |
| 89th | St. Kitts and Nevis | 3.93% | 12.4% |
| 90th | Togo | 3.92% | -5.5% |
| 91st | Georgia | 3.91% | -1.9% |
| 92nd | Luxembourg | 3.77% | 1.8% |
| 93rd | Hungary | 3.72% | -2.5% |
| 94th | Nepal | 3.62% | -2.0% |
| 95th | Honduras | 3.61% | -20.7% |
| 96th | Kenya | 3.59% | -10.7% |
| 97th | Barbados | 3.56% | 0.2% |
| 98th | Hong Kong SAR, China | 3.53% | -7.3% |
| 99th | Jordan | 3.53% | 0.5% |
| 100th | Benin | 3.49% | 8.0% |
| 101st | Azerbaijan | 3.46% | -5.6% |
| 102nd | Zambia | 3.45% | -15.3% |
| 103rd | Mongolia | 3.44% | -6.0% |
| 104th | Congo, Democratic Republic of | 3.39% | 19.3% |
| 105th | Côte d'Ivoire | 3.39% | -1.0% |
| 106th | Ecuador | 3.38% | -13.1% |
| 107th | Chad | 3.37% | 5.2% |
| 108th | Timor-Leste | 3.36% | -35.9% |
| 109th | St. Lucia | 3.34% | -13.1% |
| 110th | Fiji | 3.33% | -21.6% |
| 111th | Dominican Republic | 3.31% | -11.9% |
| 112th | Greece | 3.28% | -2.9% |
| 113th | Romania | 3.25% | -0.9% |
| 114th | Paraguay | 3.25% | -4.7% |
| 115th | British Virgin Islands | 3.23% | 1.7% |
| 116th | Tanzania | 3.20% | 1.3% |
| 117th | Malaysia | 3.19% | -9.3% |
| 118th | Serbia | 3.12% | -8.3% |
| 119th | El Salvador | 3.08% | -3.0% |
| 120th | Guatemala | 3.07% | -1.0% |
| 121st | Madagascar | 3.07% | 0.7% |
| 122nd | Uganda | 3.04% | 18.5% |
| 123rd | Turkmenistan | 3.01% | 10.8% |
| 124th | Turks and Caicos Islands | 2.99% | 1.3% |
| 125th | Palau | 2.95% | -16.4% |
| 126th | Gambia, The | 2.89% | 2.9% |
| 127th | Congo, Republic of | 2.85% | -14.8% |
| 128th | Sierra Leone | 2.83% | 7.8% |
| 129th | Bosnia and Herzegovina | 2.82% | -13.0% |
| 130th | Armenia | 2.65% | 8.7% |
| 131st | Angola | 2.63% | 4.5% |
| 132nd | Bahamas, The | 2.61% | -4.9% |
| 133rd | Viet Nam | 2.61% | -9.7% |
| 134th | Cameroon | 2.56% | -10.0% |
| 135th | Ghana | 2.50% | -14.1% |
| 136th | Antigua and Barbuda | 2.49% | -19.7% |
| 137th | San Marino | 2.48% | -14.4% |
| 138th | Panama | 2.41% | -2.5% |
| 139th | Liberia | 2.39% | 5.5% |
| 140th | Albania | 2.34% | -24.2% |
| 141st | Iran, Islamic Republic of | 2.34% | -17.2% |
| 142nd | Malawi | 2.31% | -16.1% |
| 143rd | Nicaragua | 2.29% | -20.2% |
| 144th | Comoros | 2.28% | -2.8% |
| 145th | Thailand | 2.24% | -11.1% |
| 146th | Trinidad and Tobago | 2.23% | -25.9% |
| 147th | Türkiye | 2.23% | -28.1% |
| 148th | Bangladesh | 2.05% | 0.9% |
| 149th | Cambodia | 2.02% | -7.4% |
| 150th | Central African Republic | 1.98% | 8.4% |
| 151st | Singapore | 1.97% | -10.2% |
| 152nd | Bermuda | 1.81% | -2.7% |
| 153rd | Gabon | 1.78% | -23.3% |
| 154th | Cayman Islands | 1.75% | 11.6% |
| 155th | Guinea | 1.73% | 0.5% |
| 156th | Pakistan | 1.73% | -11.3% |
| 157th | Bahrain | 1.61% | -14.9% |
| 158th | Andorra | 1.55% | -18.5% |
| 159th | Monaco | 1.52% | -12.4% |
| 160th | Sri Lanka | 1.32% | -27.8% |
| 161st | Indonesia | 1.22% | -4.5% |
| 162nd | Haiti | 0.96% | -0.9% |
| 163rd | Lebanon | 0.84% | -31.4% |
| 164th | Lao PDR | 0.83% | -33.1% |
| 165th | Suriname | 0.77% | -73.2% |
| 166th | Papua New Guinea | 0.67% | -13.8% |
| 167th | Nigeria | 0.32% | -0.5% |
| 168th | Somalia, Fed. Rep. | 0.00% | -100.0% |
| 169th | Zimbabwe | -1.59% | -514.2% |
FAQ
What was Iceland's education spending in 2025?▾
Iceland's education spending in 2025 was 7.88%. This ranked 10th globally.
How did Iceland's education spending change in 2025?▾
Iceland's education spending increased by 8.1% in 2025 compared to 2024.
Which country had the highest education spending in 2025?▾
Kiribati had the highest education spending in 2025 at 16.10%.
What is the education spending of Iceland in 2025?▾
The education spending of Iceland in 2025 was 7.88%. This ranked 10th globally.
Related
All years
Full ranking 2025
Literacy Rate
Tertiary Enrollment
Primary Enrollment
Secondary Enrollment
Primary Completion Rate
Peak: 2020
Lowest: 1990
Education Spending 1990s
Education Spending 2000s
Education Spending 2010s
Education Spending 2020s
Highest ever
Lowest ever
Average
vs Cayman Islands
vs Singapore
vs Norway
vs United States
NATO Education Spending
OECD Education Spending
Global Ranking