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Household Consumption Expenditure on Education per Household in the Netherlands (2010 - 2020, $)

  • Household consumption expenditure on education per household in the Netherlands was $337 in 2020
  • Household consumption expenditure on education per household in the Netherlands decreased by 3.6% on a year-on-year basis in 2020
  • Between 2010-2020, the household consumption expenditure on education per household in the Netherlands decreased by 7.6%

Netherlands: Household Consumption Expenditure on Education per Household

Household Consumption Expenditure on Education Per Household in the Netherlands

Household consumption expenditure on education per household in the Netherlands attained a value of $337 in 2020. It recorded a decline of 3.6% in 2020 compared to the previous year. Between 2010-2020, the household consumption expenditure on education per household in the Netherlands decreased by 7.6%. The indicator in the Netherlands was highest in the year 2011 and lowest in the year 2015, between 2010 and 2020.

This indicator refers to consumption expenditure on education, per household. Data includes expenditures incurred by resident households on education which includes expenses on educational goods, schools, colleges, and other vocational educational services.

Household Consumption Expenditure on Education per Household: Global Scenario

According to GlobalData, the countries with the highest household consumption expenditure on education per household in 2020 were Australia, Singapore, Hong Kong, the United States, Israel, Cyprus, Ireland, Canada, Luxembourg, and Iceland.

Ukraine, Estonia, Czech Republic, Thailand, Sweden, Lithuania, Bulgaria, Serbia, Bosnia and Herzegovina, and Belgium were some of the countries with the lowest household consumption expenditure on education per household in 2020.

Between 2010 and 2020, Bulgaria, Singapore, Hungary, Austria, Iceland, Lithuania, Australia, Serbia, Thailand, and Canada were some of the countries with the highest growth in household consumption expenditure on Education per household. Romania, Greece, the Czech Republic, Italy, Turkey, Mexico, Poland, Norway, Portugal, and Colombia are the countries with the lowest growth in household consumption expenditure on Education per household.

Expenditure on Education as a % of GDP in the Netherlands

The expenditure on education as a % of GDP in the Netherlands was 6.5% in 2020, an increase of 3.3% from the previous year. Between 2010-2020, the expenditure on education as a % of GDP in the Netherlands decreased by 3.0%. In 2020, the Netherlands spent more than $58 billion on education, with private education expenditure of $10 million and public education expenditure of $48 billion.

Impact of Education Spending

The fight against poverty depends heavily on education. Spending on education contributes to economic growth and raises a nation's GDP. It contributes to lowering neonatal mortality, raising the average lifespan, and lowering school and college dropout rates. 

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