Number of Students in GCC Projected To Reach 14.2 Million by 2027
The total number of students in the GCC is projected to reach 14.2 million by 2027, an addition of 1.1 million from the current level, the latest industry report said.
K-12 enrolments in the region are expected to grow at a CAGR of 1.5 percent to reach 11.7 million by 2027, the report by Alpen Capital said.
The UAE-based investment banking advisory firm launched its latest GCC Education Industry Report on Wednesday, 2nd August, which features forecasts on the sector, recent analysis on trends, growth drivers and challenges facing the segment.
It also profiles some of the renowned education companies in the region.
The number of students in private schools is projected to grow at a CAGR of 1.7 percent, whereas enrolments at public schools is likely to increase at a marginally slower pace, recording a CAGR of 1.5 percent between 2022 and 2027.
Saudi Arabia is expected to remain the largest education market in the GCC growing at a CAGR of 1.6 percent.
In terms of annualised growth, the number of students in Kuwait and UAE is projected to grow at a faster rate than the other member nations between 2022 and 2027.
