In 2023, Germany led European households in education expenditure, at 15.24 billion euros, followed by Spain and Italy, with France trailing. Germany saw a slight increase in spending (0.095%), while Spain and Italy experienced declines at -2.62% and -1.65%, respectively. Notably, France and Greece witnessed higher growth rates of 3.61% and 4.26%. Lithuania experienced a significant surge with a 10.9% growth. Over the past five years, the compound annual growth rate reveals a mild increase in educational spending across Europe, with significant variations at the country level.
Future trends to watch in European household education expenditures include:
- The impact of technological advancements and digital education tools on spending patterns.
- Government policy changes influencing household contributions to education costs.
- Socioeconomic shifts potentially altering priorities and spending capacity on education.
Top countries in Household Expenditure on Education by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15,240 | 2023 | +1.68% | +0.095% | View data |
| 2 | 2 Spain | 9,870 | 2023 | -1.77% | -2.62% | View data |
| 3 | 3 Italy | 9,060 | 2023 | -2.19% | -1.65% | View data |
| 4 | 4 France | 7,080 | 2023 | -0.2% | +3.61% | View data |
| 5 | 5 Greece | 3,410 | 2023 | +10.06% | +4.26% | View data |
| 6 | 6 Netherlands | 2,400 | 2023 | +1.01% | +0.74% | View data |
| 7 | 7 Austria | 2,160 | 2023 | +1.86% | +2.19% | View data |
| 8 | 8 Slovakia | 866.89 | 2023 | +3.12% | +2.93% | View data |
| 9 | 9 Finland | 462 | 2023 | +1.76% | -0.43% | View data |
| 10 | 10 Croatia | 386.79 | 2023 | +0.71% | +2.45% | View data |
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