GCC private education sector represents 14% of $36b market

Education sector is one of the focus areas for the GCC governments with a growing share spending being channeled to build new schools, colleges, and universities, Kuwait Finance House repot said Friday.

According to the report, sector data shows that the total students in GCC region is expected to grow by 1.8 percent to reach 11.3 million in 2020 from 9.5 million in 2010.

The number of tertiary students is expected to grow by 5.5 percent. The share of tertiary education students is expected to rise from 11 percent in 2010 to 15 percent in 2020, while primary education share would decline from 46 percent to 43 percent during the same period. Enrolment in private education sector is estimated to grow from 1.3 million students in 2010 to 1.9 million students in 2020, by 3.3 percent during the period.

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