In 2023, the baseline for the series was estimated to be 19. The forecast from 2024 to 2028 suggests a gradual decline in the bachelor's or equivalent level participation in study periods and work placements, with values projected to decrease from 18 in 2024 to 15 in 2028. The year-on-year variation indicates a consistent contraction of around 6% from 2023 to 2024, followed by a 5.56% decrease from 2024 to 2025, and smaller decreases continuing through to 2028. The five-year CAGR indicates a decline at an average rate of approximately 4.58% per year.
Future trends to watch for include:
- Potential shifts in educational policies that may alter this trend.
- Technological advancements influencing study patterns and placements.
- Demographic changes affecting the age group targeted for bachelor's level studies.
- The impact of economic conditions on higher education funding and participation rates.