Government spending on education as a share of GDP in Monaco

Monaco: Government spending on education as a share of GDP was 1.7% in 2023. ▲ Rising

Latest (2023)
1.7%
Change on year
up 47.9%
World rank
188th
of 199 countries
All-time high
1.8%
in 2012
All-time low
0.9%
in 1988
Years of data
22
1988–2023

Government spending on education as a share of GDP in Monaco, 1988–2023

00.511.521988200520231988: 0.881 % of GDP1989: 0.958 % of GDP1992: 0.914 % of GDP1995: 1.1 % of GDP1996: 1.1 % of GDP1997: 1.2 % of GDP1998: 1.2 % of GDP1999: 1.2 % of GDP2000: 1.3 % of GDP2004: 1.3 % of GDP2009: 1.4 % of GDP2010: 1.3 % of GDP2011: 1.6 % of GDP2012: 1.8 % of GDP2013: 1.3 % of GDP2014: 1 % of GDP2016: 1.4 % of GDP2017: 1.5 % of GDP2019: 1.2 % of GDP2021: 1.4 % of GDP2022: 1.2 % of GDP2023: 1.7 % of GDP

Source: UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for government spending on education as a share of gdp in Monaco is 1.7%, measured in 2023.

Compared with earlier readings it is up 47.9% on the previous year and up 29.8% over ten years.

Over the whole period, government spending on education as a share of gdp in Monaco peaked at 1.8% in 2012 and was at its lowest, 0.9%, in 1988.

That places Monaco 188th out of 199 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.9% 0.9% 1.0% 2
1990s 1.1% 0.9% 1.2% 6
2000s 1.3% 1.3% 1.4% 3
2010s 1.4% 1.0% 1.8% 8
2020s 1.4% 1.2% 1.7% 3

Countries ranked near Monaco

  1. 185 Bermuda 1.9% compare
  2. 186 Central African Republic 1.8% compare
  3. 187 Sri Lanka 1.8% compare
  4. 189 Guinea 1.7% compare
  5. 190 Cayman Islands 1.6% compare
  6. 191 South Sudan 1.6% compare

See the full ranking of 199 places →

More education data for Monaco

All data for Monaco →

Frequently asked questions

What is government spending on education as a share of gdp in Monaco?
Government spending on education as a share of gdp in Monaco was 1.7% in 2023, according to UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data.
What is the highest government spending on education as a share of gdp recorded in Monaco?
The highest recorded value was 1.8% in 2012.
What is the lowest government spending on education as a share of gdp recorded in Monaco?
The lowest recorded value was 0.9% in 1988.
How does Monaco rank for government spending on education as a share of gdp?
Monaco ranks 188th out of 199 countries with data for 2023.
Is government spending on education as a share of gdp rising or falling in Monaco?
Over the last ten years it is up 29.8%. 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 Government spending on education as a share of GDP. Statizoid updates them automatically from the source API.

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About this data

Indicator
Government spending on education as a share of GDP
Unit
% of GDP
Source
UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 5,187 data points, 1870–2025
Last refreshed

Total annual general government spending on all levels of education, expressed as a percentage of GDP.