Forecast: Private Spending on Tertiary Education in Belgium

The forecasted private spending on tertiary education in Belgium shows a steady year-on-year increase from 2024 to 2028, with values rising from 14.65 in 2024 to 15.29 in 2028. In 2023, the actual value stood at 14.49. The year-on-year variation percentages over the last two years remain consistent at approximately 1.1%. The compounded annual growth rate (CAGR) over the five-year period is around 1.1%, indicating a stable and gradual rise in private spending in this sector.

Future trends to watch for include the impact of inflation on educational costs, the potential increase in digital learning investments, and policy changes related to funding and subsidies for higher education. Additionally, demographic shifts and changes in enrollment rates may significantly influence private spending patterns.

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