Public spending on tertiary education in Norway stood at 90.5 in 2023. The forecast from 2024 to 2028 indicates a gradual decline in the percentage of education spending allocated to tertiary education, starting at 90.12 in 2024 and decreasing annually to 88.77 by 2028. Year-on-year variations show a consistent reduction, with an average decline of 0.37% per year.
Future trends to watch for include:
- Potential policy changes in education funding that may alter the projected downward trend.- Demographic shifts impacting the demand for tertiary education.- Economic factors influencing overall government budgets and allocations to education.- Technological advancements and their influence on educational delivery and related costs.