Share of GDP spent on education vs. share of government spending assigned to education in Monaco
Monaco: Share of GDP spent on education vs. share of government spending assigned to education was 7.7% in 2023. ▲ Rising
Share of GDP spent on education vs. share of government spending assigned to education in Monaco, 1988–2023
Source: UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data. Measured in %.
Analysis
In 2023, share of gdp spent on education vs. share of government spending assigned to education in Monaco stood at 7.7%.
That represents a change of up 61.2% on the previous year and up 9.5% over ten years.
Over the whole period, share of gdp spent on education vs. share of government spending assigned to education in Monaco peaked at 8.9% in 2012 and was at its lowest, 4.8%, in 2022.
Monaco ranks 178th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.3% | 5.1% | 5.5% | 2 |
| 1990s | 5.8% | 5.1% | 6.5% | 6 |
| 2000s | 6.3% | 5.9% | 6.6% | 3 |
| 2010s | 6.7% | 5.0% | 8.9% | 8 |
| 2020s | 6.1% | 4.8% | 7.7% | 3 |
Countries ranked near Monaco
More economy & growth data for Monaco
- GDP 9.17 billion constant LCU (2024)
- Industry (including construction), value added 1.42 billion current US$ (2024)
- Gross value added at basic prices (GVA) 5.73 billion constant LCU (2014)
- GDP 11.13 billion current US$ (2024)
- GDP 10.28 billion current LCU (2024)
- GDP 9.55 billion constant 2015 US$ (2024)
- GDP growth 8.5% (2024)
- GDP per capita 237,372 constant LCU (2024)
- GDP per capita growth 9.4% (2024)
- GDP per capita 247,170 constant 2015 US$ (2024)
Frequently asked questions
- What is share of gdp spent on education vs. share of government spending assigned to education in Monaco?
- Share of gdp spent on education vs. share of government spending assigned to education in Monaco was 7.7% in 2023, according to UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data.
- What is the highest share of gdp spent on education vs. share of government spending assigned to education recorded in Monaco?
- The highest recorded value was 8.9% in 2012.
- What is the lowest share of gdp spent on education vs. share of government spending assigned to education recorded in Monaco?
- The lowest recorded value was 4.8% in 2022.
- How does Monaco rank for share of gdp spent on education vs. share of government spending assigned to education?
- Monaco ranks 178th out of 194 countries with data for 2023.
- Is share of gdp spent on education vs. share of government spending assigned to education rising or falling in Monaco?
- Over the last ten years it is up 9.5%. The long-run trend across the full record is rising.
- Where does this Monaco data come from?
- The figures come from UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data, published as part of Share of GDP spent on education vs. share of government spending assigned to education. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Percentage of total general government spending (across all sectors) that is allocated to education.