In 2023, the Gross Value Added (GVA) for the private education and training sector in Australia was 36.55 billion Australian Dollars. Forecasted data from 2024 to 2028 shows a consistent upward trend in GVA, starting from 37.88 billion in 2024 and reaching 43.25 billion in 2028. This indicates a year-on-year increase: 3.6% in 2025, 3.4% in 2026, 3.3% in 2027, and 3.2% in 2028. The Compound Annual Growth Rate (CAGR) over this five-year period stands at 3.3%.
Future trends to watch for include technological advancements in education delivery, increased demand for online learning platforms, and evolving policy changes which could influence market dynamics. Monitoring these factors will be crucial for understanding and leveraging potential growth opportunities in the private education sector.
