In 2023, Germany led the European education production sector at 202.53 billion euros, followed by France at 149.12 billion. Italy and Spain also contributed significantly, indicating a concentrated market. Germany and Luxembourg had notable year-on-year growth at 2.55% and 2.61% respectively. Slovakia showed impressive growth at 3.67%, hinting at an expanding educational framework relative to its size. In contrast, Greece saw a slight decline. Over the past five years, generally positive CAGR across countries suggests steady growth in education output.
Future trends to watch include:
- Germany and France continue leading, potentially increasing their markets globally.
- Eastern European countries like Slovakia and the Baltics may see accelerating growth rates due to stronger educational investments.
- Greece's contraction could stabilize with economic adjustments and reforms.
Top countries in Production of Education by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 202,530 | 2023 | +2.09% | +2.55% | View data |
| 2 | 2 France | 149,120 | 2023 | +1.45% | +1.56% | View data |
| 3 | 3 Italy | 82,730 | 2023 | +0.77% | +0.79% | View data |
| 4 | 4 Spain | 71,110 | 2023 | +1.32% | +1.33% | View data |
| 5 | 5 Netherlands | 48,610 | 2023 | +1.7% | +1.71% | View data |
| 6 | 6 Belgium | 37,370 | 2023 | +1.98% | +2.2% | View data |
| 7 | 7 Austria | 24,350 | 2023 | +1.74% | +1.82% | View data |
| 8 | 8 Finland | 15,200 | 2023 | +1.2% | +1.29% | View data |
| 9 | 9 Portugal | 11,950 | 2023 | +0.63% | +0.4% | View data |
| 10 | 10 Ireland | 10,390 | 2023 | +0.94% | +1.25% | View data |
