Education expenditure in the budget — all countries

Education expenditure in the budget — Monaco

Education expenditure in the budget in Monaco in 2023 — 7.73%. Ranked 105 in the world out of 113. Since 1988, the indicator has risen by 2.6 pp.

2023 7.73% +2.94 pp vs 2022
World rank 105of 113
Period maximum 8.88%2012
Period minimum 4.8%2022

Trend over time

1988–2023 · % of government expenditure

Education expenditure in the budget — Monaco, 1988–20234681019881992199620002004200820122016202020231988: 5.13%1989: 5.48%1992: 5.16%1995: 5.77%1996: 5.84%1997: 6.4%1998: 6.49%1999: 5.07%2000: 6.33%2004: 5.93%2009: 6.6%2010: 6.36%2011: 8.08%2012: 8.88%2013: 7.06%2014: 5.01%2016: 6.6%2017: 6.98%2019: 5.03%2021: 5.87%2022: 4.8%2023: 7.73%
Change over the period: +2.6 pp Annual average: 0.07 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Monaco

Monaco 7.73%
World 13.96%
Education expenditure in the budget — Monaco, by year Monaco All countries CSV XLSX
Year % Change, pp
2023 7.73 +2.94 pp
2022 4.8 −1.08 pp
2021 5.87
2019 5.03
2017 6.98 +0.38 pp
2016 6.6
2014 5.01 −2.05 pp
2013 7.06 −1.82 pp
2012 8.88 +0.8 pp
2011 8.08 +1.71 pp
2010 6.36 −0.24 pp
2009 6.6
2004 5.93
2000 6.33 +1.26 pp
1999 5.07 −1.42 pp
1998 6.49 +0.09 pp
1997 6.4 +0.56 pp
1996 5.84 +0.07 pp
1995 5.77
1992 5.16
1989 5.48 +0.35 pp
1988 5.13

Southern Europe, 2023

The same indicator for neighboring countries — with links to their pages

About the indicator

Government expenditure on education as a percentage of total government expenditure. Unlike the share of GDP, it shows the priority within the budget: a country may spend little on education as a percentage of GDP, yet with a small state that turns out to be a significant part of all expenditure. The international benchmark agreed under the Dakar Framework for Action is fifteen to twenty percent of the budget.

Important: The aggregate is weighted by government consumption in dollars: it accounts for about two thirds of all budget expenditure, and the source does not publish absolute spending. The same device is used for military expenditure in the budget.

Source: UNESCO Institute for Statistics (UIS), license CC BY-SA 3.0 IGO.