Statement:
In Papua New Guinea, people spend more of their household budget on education than in Iceland

In the Where households spend more on education rating Papua New Guinea holds position #5 ²⁰²¹ out of 134 and Iceland is #116 out of 134 ²⁰²¹.

Referencies:

1. Where households spend more on education ²⁰²¹ by International Labor Organization

   The countries in the rating sorted by '% of household budget for education' in descending order.

   Iceland	'% of household budget for education' value is	0.50
   Papua New Guinea	'% of household budget for education' value is	7.37