Government funding of tertiary education

Data Tables

The following data table includes the data used to produce this indicator:

Table 1: Government expenditure on tertiary education as a percentage of gross domestic product

Source: Ministry of Education

Note:  Expenditure on student loans is the initial write-down on new borrowing in each year.

  Nominal $ (billions) Real  $ (billions) As % GDP
  Excluding Student Support Student SupportTotal Excluding Student Support Student SupportTotal Excluding student support Including student support
2005/06 $2.50 $0.68 $3.18 $3.08 $0.84 $3.92 1.5% 1.9%
2006/07 $2.74 $0.87 $3.61 $3.29 $1.04 $4.34 1.6% 2.1%
2007/08 $3.03 $0.87 $3.90 $3.53 $1.02 $4.54 1.6% 2.1%
2008/09 $3.25 $0.98 $4.23 $3.67 $1.10 $4.77 1.7% 2.2%
2009/10 $3.20 $1.30 $4.50 $3.54 $1.44 $4.98 1.6% 2.3%
2010/11 $3.14 $1.33 $4.47 $3.40 $1.44 $4.84 1.5% 2.2%
2011/12 $3.02 $1.35 $4.37 $3.22 $1.43 $4.65 1.4% 2.0%
2012/13 $3.05 $1.13 $4.18 $3.22 $1.19 $4.41 1.4% 1.9%
2013/14 $3.16 $1.17 $4.32 $3.28 $1.21 $4.49 1.3% 1.8%
2014/15 $3.29 $1.11 $4.40 $3.40 $1.15 $4.55 1.3% 1.8%
2015/16 $3.31 $1.15 $4.45 $3.40 $1.18 $4.58 1.3% 1.7%
2016/17 $3.33 $1.13 $4.45 $3.38 $1.14 $4.52 1.2% 1.6%
2017/18 $3.46 $1.11 $4.56 $3.46 $1.11 $4.56 1.2% 1.6%

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