In 2023, the reference value stood at 72, based on historical data analysis. From 2024 onwards, forecasts predict a consistent increase, with projected values reaching 85 by 2028. The year-on-year growth rate remains steady at around 4% from 2024 to 2027, before slightly tapering to 1.2% in 2028, indicating a robust upward trend. Over the five-year period ending in 2028, the compound annual growth rate (CAGR) is approximately 3.5%.
Future trends to watch for:
- Potential impact of economic conditions on further educational investments.
- Technological advancements that may influence study and work placements.
- Rising global competition for master's level qualifications.
