Forecast: Tourism Output of Education and Training Services in Australia

The forecasted tourism output of education and training services in Australia in 2024 is 10.44 billion AUD, growing to 11.98 billion AUD by 2028. In 2023, this output stood at 10 billion AUD. The year-on-year growth rates from 2024 to 2028 are approximately 3.83%, 3.51%, 3.38%, and 3.28%, respectively. The Compound Annual Growth Rate (CAGR) over these five years is around 3.50%. This steady increase indicates a strong and consistent demand for Australia's education and training services within the tourism industry.

For future trends, it is critical to monitor:

  • Changes in international visa and immigration policies.
  • Economic conditions in key source countries.
  • Developments in online and hybrid education models.
  • Marketing efforts targeting international students.

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