Iceland vs Venezuela: Government spending on education overall vs. primary education

Iceland

7.3%

in 2022

Venezuela

6.9%

in 2009

Iceland rank

14th

Venezuela rank

16th

Government spending on education overall vs. primary education over time

Iceland currently reports 7.3% against 6.9% in Venezuela, a difference of 0.4%.

That makes Iceland's figure about 1.1 times Venezuela's.

The two have swapped places 2 times across 6 shared years of data; in 1990 it was Iceland ahead.

Globally, Iceland ranks 14th and Venezuela ranks 16th of 199 countries.

Indicator: Government spending on education overall vs. primary education
Unit: % of GDP
Source: UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 199 places, 5,140 data points, 1970–2025
Last refreshed: 06 August 2026

Total annual general government spending on all levels of education, expressed as a percentage of GDP.