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Household expenditure on education services in Australia rises in 1Q 2018

In comparison to the previous quarter the indicator went up by 5.01%, new numbers from Australian National Statistical Office demonstrate. It's the highest ever established since 1959 as education services expenditure increased by 605 million Australian Dollars, in contrast to the prior quarter when it decreased by 2.37 percent. The statistics reached 12 072 million Australian Dollars in Q1 2017, which is a 5.08 percent variation compared to the 4th quarter 2017 of the same year. Between Q1 2017 and the same quarter the year after, the variable illustrates a 5.12 percent change. Australia saw a rise of 60 328.57% in education services expenditure during the last 59 years. Besides, the education services expenditure is now above average of 2 634.54 million Australian Dollars with a negligible overall increase since the start of observations. It attained its minimum of 19 million Australian Dollars in 1Q 1960.

Household expenditure on education services in Australia rises in 1Q 2018
Date Million Australian Dollars Variation
Q1 2018 12 690.00 5.01
Q4 2017 12 085.00 -2.37
Q3 2017 12 379.00 2.54
Q2 2017 12 072.00 =
Q1 2017 12 072.00 5.08
Q4 2016 11 488.00 -2.77
Q3 2016 11 815.00 1.84
Q2 2016 11 601.00 0.03
Q1 2016 11 598.00 6.2
Q4 2015 10 921.00 -2.57

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Education Spending in other Countries

Main Education And Training Indicators