In 2023, Hungary experienced the highest increase in private education expenditure as a percentage of GDP, marking a 17.11% rise from the previous year. The Netherlands and Latvia also saw modest increases of 0.39% and 4.68% respectively. Conversely, Portugal, the United States, Greece, and Norway witnessed declining trends, with Norway experiencing a substantial decrease of 5.3%. Over the last five years, Lithuania and Poland recorded positive growth, signaling consistent investment from private sources. The variations indicate diverse economic and policy influences affecting private education funding across countries.
Looking ahead, several trends are anticipated in the realm of private education expenditure. As global economies recover, emerging markets may see accelerated investments in private education. Policies promoting public-private partnerships could influence expenditure in developed countries, potentially balancing public and private funding dynamics. The rise of digital learning platforms may also attract private investment, altering expenditure patterns globally.
Top countries in Primary to Post-Secondary Non-Tertiary Education Expenditure from Private Sources by Country
| # | 9 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 0.5 | 2023 | +4.48% | +17.11% | View data |
| 2 | 2 Netherlands | 0.47 | 2023 | +0.19% | +0.39% | View data |
| 3 | 3 Poland | 0.36 | 2023 | +2.27% | +2.75% | View data |
| 4 | 4 Portugal | 0.35 | 2023 | -3.44% | -3.09% | View data |
| 5 | 5 United States | 0.28 | 2023 | -0.65% | -0.34% | View data |
| 6 | 6 Latvia | 0.2 | 2023 | +3.76% | +4.68% | View data |
| 7 | 7 Greece | 0.2 | 2023 | -0.69% | -2.46% | View data |
| 8 | 8 Lithuania | 0.13 | 2023 | +2.01% | +3.09% | View data |
| 9 | 9 Norway | 0.018 | 2023 | +3.58% | -5.3% | View data |
