Government expenditure on education, constant US$ in Monaco

Monaco: Government expenditure on education, constant US$ was 93.76 millions in 2017. ▲ Rising

Latest (2017)
93.76 millions
Change on year
up 2.7%
World rank
150th
of 167 countries
All-time high
93.76 millions
in 2017
All-time low
27.21 millions
in 1988
Years of data
18
1988–2017

Government expenditure on education, constant US$ in Monaco, 1988–2017

204060801001988200220171988: 27.2 millions1989: 30.8 millions1992: 30.9 millions1995: 37.2 millions1996: 38.3 millions1997: 43.8 millions1998: 45.2 millions1999: 46.2 millions2000: 50.4 millions2004: 53.4 millions2009: 64.1 millions2010: 63.6 millions2011: 82.2 millions2012: 92.9 millions2013: 76.3 millions2014: 62.7 millions2016: 91.3 millions2017: 93.8 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on education, constant us$ in Monaco is 93.76 millions, measured in 2017. That is the highest value across all 18 years on record.

The figure is up 2.7% on the previous year and up 46.3% over ten years.

Over the whole period, government expenditure on education, constant us$ in Monaco peaked at 93.76 millions in 2017 and was at its lowest, 27.21 millions, in 1988.

That places Monaco 150th out of 167 countries with data for 2017, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 29 millions 27.21 millions 30.8 millions 2
1990s 40.27 millions 30.88 millions 46.19 millions 6
2000s 55.96 millions 50.41 millions 64.07 millions 3
2010s 80.39 millions 62.67 millions 93.76 millions 7

Countries ranked near Monaco

  1. 147 East Timor 108.49 millions compare
  2. 148 Andorra 97.83 millions compare
  3. 149 Solomon Islands 94.38 millions compare
  4. 151 Cape Verde 91.71 millions compare
  5. 152 Liberia 86.79 millions compare
  6. 153 Seychelles 64.57 millions compare

See the full ranking of 167 places →

More reference data data for Monaco

All data for Monaco →

Frequently asked questions

What is government expenditure on education, constant us$ in Monaco?
Government expenditure on education, constant us$ in Monaco was 93.76 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education, constant us$ recorded in Monaco?
The highest recorded value was 93.76 millions in 2017.
What is the lowest government expenditure on education, constant us$ recorded in Monaco?
The lowest recorded value was 27.21 millions in 1988.
How does Monaco rank for government expenditure on education, constant us$?
Monaco ranks 150th out of 167 countries with data for 2017.
Is government expenditure on education, constant us$ rising or falling in Monaco?
Over the last ten years it is up 46.3%. 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, published as part of Government expenditure on education, constant US$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 3,670 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on education (current, capital, and transfers) 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/