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International tourism consumption of education services in Australia: Raise in 2017

In comparison with the prior year tourism consumption rose by 6.83%, according to updated data announced by Australian National Statistical Office. It hit its 20-year high as the variable increased from 5 069 million Australian Dollars to 5 415 million Australian Dollars, as it follows the tendency of the previous year when it grew by 14.58 percent. Australia saw a growth of 575.19% in tourism consumption over the past 20 years. Furthermore, it has shown an increase at a 0.07% CAGR over the last five years with a negligible overall raise since the 1998. It averaged 2 901.95 million Australian Dollars from 1998 to 2017 and it attained its minimum of 802 million Australian Dollars in 1998.

International tourism consumption of education services in Australia: Raise in 2017
Date Million Australian Dollars Variation
2017 5 415.00 6.83
2016 5 069.00 14.58
2015 4 424.00 14.67
2014 3 858.00 -2.38
2013 3 952.00 -6.73
2012 4 237.00 -3.42
2011 4 387.00 14.48
2010 3 832.00 24.62
2009 3 075.00 18.27
2008 2 600.00 4.12

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