Forecast: Private Spending on Tertiary Education in Chile

The forecast for private spending on tertiary education in Chile from 2024 to 2028 shows a consistent decline. From a value of 50.88% in 2024, this declines to 45.11% by 2028. The year-on-year variations reflect this trend:

  • -2.93% in 2025
  • -2.94% in 2026
  • -3.00% in 2027
  • -3.01% in 2028

Starting from 50.88% in 2024, the compounded annual growth rate (CAGR) over the five-year period is approximately -2.92%. This indicates a gradual but steady decline in private expenditure on tertiary education as a percentage of total education spending.

Future trends to watch for include economic factors impacting household incomes, potential government policy changes affecting education subsidies or financial aid, and shifts in population demographics that may influence overall demand for tertiary education.

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