Iceland - Expenditure on tertiary education (% of government expenditure on education)

Expenditure on tertiary education (% of government expenditure on education) in Iceland was 19.91 as of 2016. Its highest value over the past 26 years was 22.36 in 1993, while its lowest value was 13.70 in 1990.

Definition: Expenditure on tertiary education is expressed as a percentage of total general government expenditure on education. General government usually refers to local, regional and central governments.

Source: UNESCO Institute for Statistics (http://uis.unesco.org/)

See also:

Year Value
1990 13.70
1993 22.36
1994 19.95
1995 19.21
1996 16.42
1999 18.01
2000 18.09
2001 17.85
2002 18.07
2003 18.58
2004 18.54
2005 19.13
2006 17.98
2007 18.88
2008 19.70
2009 20.40
2010 21.46
2011 19.42
2012 19.39
2013 19.36
2014 18.80
2015 18.89
2016 19.91

Development Relevance: The share of government expenditure for a specific education level allows an assessment of the priority a government assigns to a level of education relative to other levels. Enrolment and the relative costs per student between different levels of education should be also taken into account.

Limitations and Exceptions: Data disaggregated by level of education are estimates in some instances. It is often difficult to separate lower from upper secondary education expenditure, or pre-primary from primary.

Other Notes: Data retrieved via API in March 2019. For detailed information on the observation level (e.g. National Estimation, UIS Estimation, or Category not applicable), please visit UIS.Stat (http://data.uis.unesco.org/).

Statistical Concept and Methodology: The share of expenditure on tertiary education to total government expenditure on education is calculated by dividing government expenditure on tertiary education by total government expenditure on education (all levels combined), and multiplying by 100. Aggregate data are based on World Bank estimates. Data on education are collected by the UNESCO Institute for Statistics from official responses to its annual education survey. All the data are mapped to the International Standard Classification of Education (ISCED) to ensure the comparability of education programs at the international level. The current version was formally adopted by UNESCO Member States in 2011. The reference years reflect the school year for which the data are presented. In some countries the school year spans two calendar years (for example, from September 2010 to June 2011); in these cases the reference year refers to the year in which the school year ended (2011 in the example).

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Education Indicators

Sub-Topic: Inputs