The data reveals that Italy leads in European household expenditure on tertiary education, spending 26.16 million Euros. Germany and France follow with 23.45 and 17.17 million Euros respectively. In 2023, notable year-on-year growth was observed in Lithuania (7.13%) and Luxembourg (14.78%), while Greece and the Netherlands experienced declines of 5.03% and 3.47%. Over the past five years, these variations reflect shifts in government policy and economic conditions influencing household spending capabilities and priorities.
Future trends to watch for include:
- Potential policy changes in higher education funding across Europe.
- The impact of economic shifts on disposable incomes and, consequently, on educational expenditure.
- The increasing emphasis on digital education and its effect on traditional education spending.
Top countries in Household Expenditure on Tertiary Education Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 26.16 | 2023 | +1.57% | +1.04% | View data |
| 2 | 2 Germany | 23.45 | 2023 | +2.83% | +3.48% | View data |
| 3 | 3 France | 17.17 | 2023 | +1.11% | +4.25% | View data |
| 4 | 4 Ireland | 10.74 | 2023 | +4.46% | +3.65% | View data |
| 5 | 5 Netherlands | 7.92 | 2023 | +0.4% | -3.47% | View data |
| 6 | 6 Portugal | 7.07 | 2023 | +2.09% | +2.05% | View data |
| 7 | 7 Austria | 2.68 | 2023 | +2.8% | +3.66% | View data |
| 8 | 8 Greece | 1.79 | 2023 | +0.5% | -5.03% | View data |
| 9 | 9 Slovakia | 1.06 | 2023 | +1.87% | +0.2% | View data |
| 10 | 10 Latvia | 1.02 | 2023 | -20.58% | -2.09% | View data |
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