In 2023, private secondary education expenditure in terms of GDP was highest in Australia at 0.5, followed by the Netherlands at 0.45, while Lithuania was the lowest at 0.081. Year-on-year changes indicated a significant increase in Hungary by 17.02% and a notable decline in the United Kingdom by -1.31%. Hungary exhibited growth potential, while Slovenia's expenditure declined by -3.2%. Five-year CAGR would likely showcase positive growth trends, with specific emphasis on countries like Hungary and Latvia showing marked increases.
Future trends to consider include potential policy changes impacting private funding in countries with high education investments. Emerging economies may continue to increase private education spending, influenced by shifts towards greater education privatization and global investments.
Top countries in Secondary Education Expenditure from Private Sources by Country
| # | 8 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 0.5 | 2023 | +0.27% | +0.33% | View data |
| 2 | 2 Netherlands | 0.45 | 2023 | +0.21% | +0.44% | View data |
| 3 | 3 United Kingdom | 0.44 | 2023 | -0.42% | -1.31% | View data |
| 4 | 4 Hungary | 0.33 | 2023 | +4.52% | +17.02% | View data |
| 5 | 5 Slovenia | 0.14 | 2023 | -3.53% | -3.2% | View data |
| 6 | 6 Canada | 0.13 | 2023 | -0.05% | +1.77% | View data |
| 7 | 7 Latvia | 0.12 | 2023 | +3.36% | +4.24% | View data |
| 8 | 8 Lithuania | 0.081 | 2023 | +1.59% | +2.99% | View data |
