Education expenditure (% of GDP) — all countries

Education expenditure (% of GDP) — Monaco

Education expenditure (% of GDP) in Monaco in 2023 — 1.73%. Ranked 111 in the world out of 121. Since 1988, the indicator has risen by 0.85 pp.

2023 1.73% +0.56 pp vs 2022
World rank 111of 121
Period maximum 1.78%2012
Period minimum 0.88%1988

Trend over time

1988–2023 · % of GDP

Education expenditure (% of GDP) — Monaco, 1988–20230.7511.251.51.75219881992199620002004200820122016202020231988: 0.88%1989: 0.96%1992: 0.91%1995: 1.06%1996: 1.08%1997: 1.21%1998: 1.21%1999: 1.2%2000: 1.26%2004: 1.27%2009: 1.35%2010: 1.32%2011: 1.59%2012: 1.78%2013: 1.33%2014: 1.02%2016: 1.37%2017: 1.46%2019: 1.16%2021: 1.42%2022: 1.17%2023: 1.73%
Change over the period: +0.85 pp Annual average: 0.02 pp

Comparison, 2023

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

Monaco 1.73%
World 3.57%
Education expenditure (% of GDP) — Monaco, by year Monaco All countries CSV XLSX
Year % Change, pp
2023 1.73 +0.56 pp
2022 1.17 −0.25 pp
2021 1.42
2019 1.16
2017 1.46 +0.09 pp
2016 1.37
2014 1.02 −0.31 pp
2013 1.33 −0.45 pp
2012 1.78 +0.19 pp
2011 1.59 +0.27 pp
2010 1.32 −0.04 pp
2009 1.35
2004 1.27
2000 1.26 +0.06 pp
1999 1.2 −0.01 pp
1998 1.21 −0 pp
1997 1.21 +0.13 pp
1996 1.08 +0.02 pp
1995 1.06
1992 0.91
1989 0.96 +0.08 pp
1988 0.88

Southern Europe, 2023

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

About the indicator

Total government expenditure on education (current, capital and transfers) as a percentage of GDP, covering all levels from preprimary to tertiary. The international benchmark of the Incheon Declaration is 4–6% of GDP. The indicator leaves out private spending by households, which in some countries is comparable to public spending.

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