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Monaco — Education spending
Government Education Spending (% of GDP) for Monaco, 1988–2023.
Latest value · 2023
1.73%
Government Education Spending (% of GDP) · % of GDP · +96.6% since 1988
Education spending for Monaco was 1.73% in 2023, according to the latest World Bank data. The series covers 22 years, from 1988 to 2023. The highest recorded value was 1.78% in 2012. The lowest was 0.88% in 1988 (about 2.0× the low point). Across that span the compound annual growth rate works out to 1.95% per year.
Monaco ranks 166 of 172 economies on this measure (1 = highest), putting it in the top 97%. The median for Europe & Central Asia is 4.59%, so Monaco sits below it. It peaked in 2012 and has fallen 3% since. Over the last decade (2013–2023) the figure moved up 30%.
Key figures
Latest (2023)
1.73%
First (1988)
0.88%
Change
+96.6%
Highest
1.78%
in 2012
Lowest
0.88%
in 1988
Average
1.26%
Annual growth (CAGR)
1.95%
Years of data
22
Recent years
| Year | % of GDP |
|---|---|
| 2023 | 1.73% |
| 2022 | 1.17% |
| 2021 | 1.42% |
| 2019 | 1.16% |
| 2017 | 1.46% |
| 2016 | 1.37% |
| 2014 | 1.02% |
| 2013 | 1.33% |
| 2012 | 1.78% |
| 2011 | 1.59% |
| 2010 | 1.32% |
| 2009 | 1.35% |
Reading this correctly. Total general government expenditure on education, expressed as a percentage of GDP. Includes both current and capital spending. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
SE.XPD.TOTL.GD.ZS — Government Education Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.