In 2023, the European Education Output Share was led by the Netherlands with a value of €37.27 million, followed by Belgium at €27.98 million and Finland at €10.74 million. Among the smaller contributors, Latvia had the least share at €1.35 million. Over the past year, Lithuania saw the highest growth rate of 11.58%, indicating a significant push in their educational investment, closely followed by Luxembourg with a 6.81% increase. Conversely, Cyprus had the least growth at 2.52%, suggesting a more stable or stagnant educational output.
Looking forward, expected future trends in European Education include increased technology integration, with digital learning platforms likely driving higher expenditure. Additionally, there may be a stronger focus on vocational education to address skill gaps in various industries across Europe, leading to altered investment patterns among these countries. These shifts could reshape the current ranking of education output shares.
Top countries in Education Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 37.27 | 2023 | +7.84% | +5.36% | View data |
| 2 | 2 Belgium | 27.98 | 2023 | +8.08% | +5.37% | View data |
| 3 | 3 Finland | 10.74 | 2023 | +4.11% | +3.22% | View data |
| 4 | 4 Ireland | 8.93 | 2023 | +5.26% | +4.95% | View data |
| 5 | 5 Slovakia | 3.2 | 2023 | +3.02% | +4.8% | View data |
| 6 | 6 Lithuania | 2.53 | 2023 | +12.62% | +11.58% | View data |
| 7 | 7 Slovenia | 2.37 | 2023 | +6.64% | +6.28% | View data |
| 8 | 8 Luxembourg | 2.31 | 2023 | +6.41% | +6.81% | View data |
| 9 | 9 Croatia | 2.24 | 2023 | +2.87% | +4.98% | View data |
| 10 | 10 Latvia | 1.35 | 2023 | +2.8% | +5.06% | View data |
