In 2023, Norway, Belgium, and Austria led in global tertiary education expenditure, with Norway at the top at $27.25K per student. Countries like Greece showed declining spending, while Poland and Chile experienced notable increases, both at 2.05%. Russia saw minimal change, maintaining a low increase of 0.096%.
Future trends to watch include increasing investment in tertiary education by countries aiming to boost their global competitiveness. Developing nations might focus on enhancing technological integration and education quality, while economically advanced countries will likely emphasize innovation and research capabilities to reinforce their educational systems.
Top countries in Tertiary Education Expenditure by Country
| # | 10 Countries | US Dollars Per Student | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 27,250 | 2023 | +1.67% | +1.39% | View data |
| 2 | 2 Belgium | 22,010 | 2023 | +1.6% | +1.46% | View data |
| 3 | 3 Austria | 21,480 | 2023 | +1.32% | +0.99% | View data |
| 4 | 4 Denmark | 19,960 | 2023 | +0.62% | +0.27% | View data |
| 5 | 5 Iceland | 17,720 | 2023 | +2.23% | +2.49% | View data |
| 6 | 6 Czech Republic | 17,280 | 2023 | +2.93% | +1.36% | View data |
| 7 | 7 Portugal | 12,430 | 2023 | +0.98% | +1.07% | View data |
| 8 | 8 Poland | 12,390 | 2023 | +2.41% | +2.05% | View data |
| 9 | 9 Latvia | 10,910 | 2023 | +2.05% | +1.14% | View data |
| 10 | 10 Lithuania | 10,320 | 2023 | +1.55% | +0.82% | View data |
