The expenditure on tertiary education by the government in the Netherlands has been on a steady rise over the past years. In 2023, the expenditure stood at 297 million Euros. Between 2013 and 2017, growth was moderate with slight fluctuations. From 2018 onwards, there has been a more accelerated increase, with notable jumps in 2019 and a consistent rise in the subsequent years. Over the last two years, the year-on-year variations were 3.6% and 3.13%. The Compound Annual Growth Rate (CAGR) over the last five years was 5.8%.
Future-looking trends show that growth will continue but at a slightly reduced pace, with a forecasted 5-year CAGR of 2.3%. This suggests a more moderate growth trajectory, contributing to a forecasted expenditure of 344 million Euros by 2028, translating to a 12.05% growth from 2023 levels.
In future trends to watch for, key factors include potential policy changes, demographic shifts impacting student numbers, and broader economic conditions affecting government budgets. Monitoring these elements will be crucial in understanding and anticipating changes in expenditure patterns.
