Healthcare Spending: Monaco
Monaco's healthcare spending is currently 3.12 % of GDP as of 2023. # Monaco Healthcare Spending Monaco allocated 3.
Current (2023)
3.12 % of GDP
-8.1% y/y
Peak (2010)
4.958 % of GDP
Low (2023)
3.12 % of GDP
Source
World Bank World Development Indicators
2000–2023 · 24 pts
Healthcare Spending — Monaco
2000 — 2023
Healthcare Spending — Monaco
Analysis# Monaco Healthcare Spending
Monaco allocated 3.12% of GDP to healthcare in 2023, marking the lowest spending level in the 2000–2023 data range. This figure represents a significant decline from the all-time peak of 4.958% in 2010, reflecting a total contraction of 15.6% over the past two decades. Despite its status as a wealthy microstate, Monaco's healthcare spending as a percentage of GDP has trended downward since the 2008 financial crisis.
The most dramatic reduction occurred between 2014 and 2023, when spending fell from 4.441% to 3.12%—a nine-year decline of 29.8%. A temporary spike to 4.287% in 2020 suggests pandemic-related pressures, but subsequent years show renewed contraction through 2023. Monaco's sustained downward trajectory indicates either improved healthcare efficiency or shifting fiscal priorities within its compact economy.
Historical Data
24 Rows| Year | Value | Change % |
|---|---|---|
| 2023 | 3.12 % of GDP | -8.10% |
| 2022 | 3.395 % of GDP | -7.62% |
| 2021 | 3.675 % of GDP | -14.28% |
| 2020 | 4.287 % of GDP | +10.49% |
| 2019 | 3.88 % of GDP | -4.15% |
| 2018 | 4.048 % of GDP | -2.72% |
| 2017 | 4.161 % of GDP | +0.92% |
| 2016 | 4.123 % of GDP | -4.45% |
| 2015 | 4.315 % of GDP | -2.84% |
| 2014 | 4.441 % of GDP | -2.91% |
| 2013 | 4.574 % of GDP | -3.85% |
| 2012 | 4.757 % of GDP | +2.63% |
| 2011 | 4.635 % of GDP | -6.51% |
| 2010 | 4.958 % of GDP | +2.40% |
| 2009 | 4.842 % of GDP | +18.56% |
| 2008 | 4.084 % of GDP | +7.14% |
| 2007 | 3.812 % of GDP | -11.27% |
| 2006 | 4.296 % of GDP | -4.60% |
| 2005 | 4.503 % of GDP | -0.49% |
| 2004 | 4.525 % of GDP | +2.10% |
Show all 24 rows
| Year | Value | Change % |
|---|---|---|
| 2003 | 4.432 % of GDP | +16.36% |
| 2002 | 3.809 % of GDP | +1.47% |
| 2001 | 3.754 % of GDP | +1.60% |
| 2000 | 3.695 % of GDP | — |
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Demographics
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