General government expenditure on cultural services amounted to 2.5% of Iceland’s total general government expenditure in 2018. In comparison to other European countries, the general government in Iceland recorded the third largest share of total expenditure on culture, after Hungary (2.7%) and Latvia (2.8%).
Operational cost per student in primary schools increases by 1.3% from July to August 2020. Figures have been updated.
There were 41,607 students in schools above compulsory education in 2019, an increase of almost 600 from 2018. There were fewer students at the upper secondary level but more at the tertiary level. More 19 year olds studied at the tertiary level and fewer at the upper secondary level. Figures have been updated.
Thus, there was a trade deficit, calculated on fob value, of 12.9 billion ISK as compared with a trade deficit of nearly 29 billion ISK in June 2019 at current rates of exchange.