Education spending in Monaco
Monaco: Education spending was 1.73 in 2023. ▲ Rising
Latest (2023)
1.73
Change on year
up 47.9%
World rank
188th
of 199 countries
All-time high
1.78
in 2012
All-time low
0.881
in 1988
Years of data
22
1988–2023
Education spending in Monaco, 1988–2023
Source: Our World in Data.
Analysis
The most recent figure for education spending in Monaco is 1.73, 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, education spending in Monaco peaked at 1.78 in 2012 and was at its lowest, 0.881, 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.
Education spending in Monaco, year by year
| Year | Value | Change |
|---|---|---|
| 1988 | 0.881 | — |
| 1989 | 0.9575 | +8.7% |
| 1992 | 0.9136 | -4.6% |
| 1995 | 1.06 | +16.5% |
| 1996 | 1.08 | +1.7% |
| 1997 | 1.21 | +12.0% |
| 1998 | 1.21 | -0.3% |
| 1999 | 1.2 | -1.1% |
| 2000 | 1.26 | +5.0% |
| 2004 | 1.27 | +0.9% |
| 2009 | 1.35 | +6.9% |
| 2010 | 1.32 | -2.7% |
| 2011 | 1.59 | +20.7% |
| 2012 | 1.78 | +12.0% |
| 2013 | 1.33 | -25.0% |
| 2014 | 1.02 | -23.4% |
| 2016 | 1.37 | +34.2% |
| 2017 | 1.46 | +6.3% |
| 2019 | 1.16 | -20.5% |
| 2021 | 1.42 | +22.5% |
| 2022 | 1.17 | -17.5% |
| 2023 | 1.73 | +47.9% |
Monaco compared with similar countries
- Monaco's 1.73 is below the median for high income countries, which is 4.4, 39% of the median. (72 countries reporting)
- Monaco's 1.73 is below the median for Europe & Central Asia, which is 4.5, 38% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.9193 | 0.881 | 0.9575 | 2 |
| 1990s | 1.11 | 0.9136 | 1.21 | 6 |
| 2000s | 1.29 | 1.26 | 1.35 | 3 |
| 2010s | 1.38 | 1.02 | 1.78 | 8 |
| 2020s | 1.44 | 1.17 | 1.73 | 3 |
Countries ranked near Monaco
- 185 Bermuda 1.87 compare
- 186 Central African Republic 1.83 compare
- 187 Sri Lanka 1.83 compare
- 189 Guinea 1.72 compare
- 190 Cayman Islands 1.57 compare
- 191 South Sudan 1.57 compare
More education data for Monaco
- Enrolment in pre-primary education, male (number), gaps filled 520 (2024)
- Primary education, pupils, per unit of GDP 0 units per US$ of GDP (2024)
- Enrolment in secondary education, male (number), annual growth rate 1.38 % change on previous year (2024)
- Enrolment in secondary education, male (number), gaps filled 1,760 (2024)
- Enrolment in tertiary education, all programmes, male (number), gaps 486 (2024)
- Enrolment in tertiary education, all programmes, male (number) 6.11 % change on previous year (2024)
- Primary education, pupils, per capita 0.0535 units per person (2024)
- Theoretical duration of pre-primary education (years), annual growth 0 % change on previous year (2025)
- Theoretical duration of upper secondary education (years), annual 0 % change on previous year (2025)
- Start of the academic school year (pre-primary to post-secondary non) 0.0494 % change on previous year (2025)
Frequently asked questions
- What is education spending in Monaco?
- Education spending in Monaco was 1.73 in 2023, according to Our World in Data.
- What is the highest education spending recorded in Monaco?
- The highest recorded value was 1.78 in 2012.
- What is the lowest education spending recorded in Monaco?
- The lowest recorded value was 0.881 in 1988.
- How does Monaco rank for education spending?
- Monaco ranks 188th out of 199 countries with data for 2023.
- Is education spending 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 Our World in Data, published as part of Education spending. 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).