Monaco Education Spending 1988-2024

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.
  • Monaco education spending for 2021 was 5.73%, a 0.7% increase from 2019.
  • Monaco education spending for 2019 was 5.03%, a 1.95% decline from 2017.
  • Monaco education spending for 2017 was 6.98%, a 0.38% increase from 2016.
  • Monaco education spending for 2016 was 6.60%, a 1.59% increase from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Education Spending (% of GDP)
Puerto Rico 18.90%
Saudi Arabia 18.79%
Barbados 16.58%
Uruguay 15.39%
Curacao 14.65%
Macao 13.76%
Singapore 13.38%
Bermuda 13.25%
Hong Kong 13.12%
Turks and Caicos Islands 13.01%
British Virgin Islands 12.36%
Panama 11.97%
Seychelles 10.48%
Andorra 10.26%
Bahamas 10.13%
Antigua and Barbuda 9.90%
Bahrain 9.08%
Qatar 8.94%
Trinidad and Tobago 8.93%
Gibraltar 8.59%
St. Kitts and Nevis 7.16%
Monaco 5.73%
Monaco Education Spending - Historical Data
Year Education Spending (% of GDP) Annual Change
2021 5.73% 0.70%
2019 5.03% -1.95%
2017 6.98% 0.38%
2016 6.60% 1.59%
2014 5.01% -2.05%
2013 7.06% -1.82%
2012 8.88% 0.80%
2011 8.08% 1.71%
2010 6.36% -0.24%
2009 6.60% 0.67%
2004 5.93% -0.40%
2000 6.33% 1.26%
1999 5.07% -1.42%
1998 6.49% 0.09%
1997 6.40% 0.56%
1996 5.84% 0.07%
1995 5.77% 0.60%
1992 5.16% -0.32%
1989 5.48% 0.35%
1988 5.13% 0.35%