Household spending on tertiary education in the Netherlands has shown a relatively stable growth trend over the past decade. From 2013 to 2017, spending increased steadily, with an average year-on-year variation of 1.80%. However, a notable dip occurred in 2018 with a 4.83% decline. Post-2018, the spending resumed an upward trajectory, although the year-on-year growth rate reduced considerably, averaging around 0.26% from 2021 to 2023. In 2023, the household spending stood at 16.26 units of education spending.
The Compound Annual Growth Rate (CAGR) over the last five years was 0.6%. Forecast data from 2024 onwards suggests a continued but modest increase in household spending, with a forecasted five-year CAGR of 0.19% by 2028. Longer-term trends indicate a gradual recovery and stabilization in the growth of spending on tertiary education.
Future trends to watch for include the impact of policy changes on education funding, potential economic fluctuations affecting disposable incomes, and the growing influence of digital and remote learning technologies, which may alter the dynamics of household education spending.
