Iceland vs Monaco: Government expenditure on education not specified by level, constant U

Iceland
93.06 millions
in 2017
Monaco
93.76 millions
in 2017
Iceland rank
31st
Monaco rank
30th

Government expenditure on education not specified by level, constant U over time

  • Iceland
  • Monaco
020406080100199420052017

How they compare

Monaco currently reports 93.76 millions against 93.06 millions in Iceland, a difference of 0.7 millions.

The two have swapped places 1 time across 14 shared years of data; in 1995 it was Iceland ahead.

Iceland ranks 31st and Monaco ranks 30th of 149 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Monaco Difference Ahead
1990s 29.55 millions 8.58 millions 20.97 millions Iceland
2000s 62.65 millions 19.78 millions 42.87 millions Iceland
2010s 76.91 millions 37.63 millions 39.29 millions Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government expenditure on education not specified by level, constant u, Iceland or Monaco?
Monaco, at 93.76 millions against 93.06 millions in Iceland as of 2017.
What is the difference in government expenditure on education not specified by level, constant u between Iceland and Monaco?
0.7 millions, with Monaco ahead.
How many years of comparable data are there for Iceland and Monaco?
14 years are reported by both, from 1995 to 2017.
How do Iceland and Monaco rank globally for government expenditure on education not specified by level, constant u?
Iceland ranks 31st and Monaco ranks 30th of 149 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Government expenditure on education not specified by level, constant US$ (millions). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Monaco: Government expenditure on education not specified by level, constant U. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 19 August 2026, from https://reference.statizoid.com/compare/government-expenditure-on-education-not-specified-by-level-constant-us-millions/iceland/monaco/

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About this data

Indicator
Government expenditure on education not specified by level, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
149 places, 2,288 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on education (current, capital, and transfers) not specified by level in millions US$ in constant value (taking into account inflation). It includes expenditure funded by transfers from international sources to government. Total government expenditure for a given level of education (e.g. primary, secondary, or all levels combined) in national currency is converted to US$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant US$ values are expressed in 2014 prices. Limitations: In some instances data on total government expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/