The forecast for household spending on tertiary education in Belgium from 2024 to 2028 suggests a gradual decline. In 2024, spending stands at 7.37% of education spending, decreasing slightly each year to 7.22% by 2028. Compared to 2023, this represents a declining trend, with spending expected to drop by 0.11% each year on average, indicating a Compound Annual Growth Rate (CAGR) decrease of approximately -0.83% over the five-year period.
Future trends to watch for include potential changes in government policy regarding tertiary education funding, demographic shifts impacting the number of tertiary education students, and economic factors influencing household incomes and spending capacities. Monitoring these factors will be crucial for understanding the long-term outlook of education spending in Belgium.
