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Household expenditure on education services in Australia: Decrease in Q4 of 2017

The indicator declined negligibly by 2.33% compared to the previous quarter, according to figures released by Australian National Statistical Office. Education services expenditure hardly dropped by 287 million Australian Dollars, contrarily to the prior quarter when it went up by 2.2 percent. When taking into account 2017, it can be noticed that the variable was declining by -2.77% and reported 11 489 million Australian Dollars. Between Q4 2016 and Q4 2017, the indicator shows a 4.8% change. The overall changes for the previous 58 years hit a rise of 57 238.1%. As well as the education services expenditure is now bigger than its average which equals 2 591.17 million Australian Dollars with a negligible overall growth since the start of time series. It attained its all-time high of 12 328 million Australian Dollars in 3Q 2017 and record low of 19 million Australian Dollars in 1Q 1960.

Household expenditure on education services in Australia: Decrease in Q4 of 2017
Date Million Australian Dollars Variation
Q4 2017 12 041.00 -2.33
Q3 2017 12 328.00 2.2
Q2 2017 12 063.00 -0.13
Q1 2017 12 079.00 5.14
Q4 2016 11 489.00 -2.77
Q3 2016 11 816.00 1.85
Q2 2016 11 601.00 0.03
Q1 2016 11 598.00 6.2
Q4 2015 10 921.00 -2.57
Q3 2015 11 209.00 2.17

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Main Education And Training Indicators