While the global outlook for outbound student numbers remains positive, the international environment will be “more competitive” and growth will be “modestly weaker” up until 2030, a new report has suggested.
The paper, commissioned by the British Council and conducted by Oxford Economics, projects that slowing world GDP growth will also see a slowdown of outbound student numbers per nation.
The research found a historic correlation between GDP and outbound student numbers.
The predicted average GDP growth pace of 4.2% in the period to 2030 will be down from the 5.5% average in the two decades before the pandemic, it said.