Monaco | Adjusted savings: education expenditure (% of GNI)

Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. Limitations and exceptions: Public education expenditures are considered an addition to savings. However, because of the wide variability in the effectiveness of public education expenditures, these figures cannot be construed as the value of investments in human capital. A current expenditure of $1 on education does not necessarily yield $1 of human capital. The calculation should also consider private education expenditure, but data are not available for a large number of countries.
Publisher
The World Bank
Origin
Principality of Monaco
Records
63
Source
Monaco | Adjusted savings: education expenditure (% of GNI)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 0.8
1971 0.8
1972 0.8
1973 0.8
1974 0.8
1975 0.8
1976 0.8
1977 0.8
1978 0.8
1979 0.8
1980 0.8
1981 0.8
1982 0.8
1983 0.8
1984 0.8
1985 0.8
1986 0.8
1987 0.8
1988 0.8
1989 0.9
1990 0.86666667
1991 0.83333333
1992 0.8
1993 0.86666667
1994 0.93333333
1995 1
1996 1
1997 1.1
1998 1.10180743
1999 1.1
2000 1.17
2001 1.16
2002 1.15
2003 1.14
2004 1.13
2005 1.166
2006 1.202
2007 1.238
2008 1.274
2009 1.31
2010 1.3
2011 1.2
2012 1.18
2013 1.03
2014 1.03
2015 1.03
2016 1.03
2017 1.03
2018 1.03
2019 1.03
2020 1.03
2021 1.03
2022

Monaco | Adjusted savings: education expenditure (% of GNI)

Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. Limitations and exceptions: Public education expenditures are considered an addition to savings. However, because of the wide variability in the effectiveness of public education expenditures, these figures cannot be construed as the value of investments in human capital. A current expenditure of $1 on education does not necessarily yield $1 of human capital. The calculation should also consider private education expenditure, but data are not available for a large number of countries.
Publisher
The World Bank
Origin
Principality of Monaco
Records
63
Source