Australia - Tertiary Education Expenditure from Private Sources
Since 2014, Australia Tertiary Education Expenditure from Private Sources was up 3.4points year on year. In 2019, the country was number 6 among other countries in Tertiary Education Expenditure from Private Sources with 1.34 Percent of GDP. Australia is overtaken by Canada, which was number 5 at 1.35 Percent of GDP and is followed by South Korea with 1.06 Percent of GDP. United States topped the ranking with 1.73 Percent of GDP in 2019, that is an increase of 0.6points compared to 2018. Chile, United Kingdom and Colombia respectively ranked number 2, 3 and 4 in this ranking. Colombia witnessed the best average annual growth at +10.8points per year, while South Korea witnessed the worst performance at -6.5points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 1.34 |
| 2018 | 1.31 |
| 2017 | 1.28 |
| 2016 | 1.25 |
| 2015 | 1.26 |
How does Australia rank in Tertiary Education Expenditure from Private Sources?
| # | 36 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
1.73 % | 2019 | +0.6 % | +0.0 % | View data | |
| 2 |
#2
Chile
|
1.57 % | 2019 | -0.2 % | +1.6 % | View data | |
| 5 |
#5
Canada
|
1.34 % | 2019 | +1.6 % | +0.9 % | View data | |
| 6 |
#6
Australia
|
1.34 % | 2019 | +2.4 % | +3.4 % | View data | |
| 7 |
#7
South Korea
|
1.06 % | 2019 | -4.3 % | -6.5 % | View data | |