The total number of tertiary education graduates in education in Malaysia showed a downward trend from 11.06 units in 2013 to 6.15 units in 2023. Over the past two years, the year-on-year reduction percentage was approximately 4.38%. The five-year Compound Annual Growth Rate (CAGR) from 2019 to 2023 indicates an average annual decline of -6.4%.
Future trends to watch for include:
• Increased digitalization and online learning adoption in education.• Enhanced focus on STEM fields possibly diverting interest away from traditional education programs.• Government policy changes and funding initiatives impacting the volume of graduates.• Evolving job market demands influencing tertiary education preferences.