Market intelligence for international student recruitment from ICEF
3rd Oct 2018

Study projects dramatic growth for global higher education through 2040

A newly updated study maps the continuing growth in global demand for higher education through 2040, and anticipates that by that point there will be nearly 600 million students enrolled in universities around the world. The analysis comes in the form of a new paper, Massification of Higher Education Revisited, from Angel Calderon, the principal advisor for planning and research at RMIT University in Melbourne. As the following chart illustrates, the total number of students in higher education is expected to reach nearly 380 million by 2030, 472 million by 2035, and more than 594 million by 2040 – all up from roughly 216 million as of 2016. worldwide-higher-education-enrolment-by-global-region-actual-from-2000-to-2015-and-projected-to-2040 Worldwide higher education enrolment by global region, actual from 2000 to 2015 and projected to 2040. Source: Calderon, UNESCO This projected pace of growth works out to an average of 4.2% every year. “While this may seem staggering,” says Mr Calderon. “Consider that the world economy doubled in size between 1990 and 2016. Further consider, export in services from developing countries grew tenfold between 1990 and 2014 whilst growing at half the rate of service exports among advanced economies. Even a small growth in percentage points a year add up over the long term.” As the preceding chart also reflects, the composition of that global enrolment by region is also shifting over time. And, in some important respects, these are very recent shifts. Up to 2002, for example, North America and Europe (together) enrolled more higher education students than any other world region. That changed in 2003 when East Asia took up the number one spot, driven in large part by the dramatic expansion of China’s higher education system. There were just under 44 million students enrolled in Chinese universities in 2016, compared to 20 million in the US – the historical global leader in terms of overall student numbers. In the intervening years between 2003 and 2016, East Asia has held that number one spot comfortably, while South & West Asia (as of 2014) also moved past North America & Europe to take up the number two position among world regions. As the following table reflects, Latin America has registered steady growth over this period as well and now sits as the fourth largest region for higher education enrolment. higher-education-enrolment-by-global-region-2000–2016 Higher education enrolment by global region, 2000–2016. Source: Calderon, UNESCO

All eyes on Africa

Much of the movement we observe here has been fuelled by underlying economic and populations trends. There were about 715 million people aged 18-23 globally as of 2015 – which we understand to be synonymous with “college age”. The UN projects that growth of this cohort will peak by 2030, after which it will continue to grow at a reduced rate. Even so, the global population of college-aged people is expected to reach 800 million by 2040. But an important related factor here is that that college cohort has been decreasing for some time as a percentage of total global population. Those 18-to-23-year-olds will represent 9% of the world’s population in 2030, and 8.4% in 2040. This accounts for the downward-curving trend lines in the following chart, but the other major observation to made of this figure is how much of those college-aged people will be found in Africa. Indeed, as Mr Calderon points out, “74% of the expected growth for the population aged 18-23 from 2015 to 2035 will be concentrated in ten countries: Angola, Democratic Republic of the Congo, Egypt, Ethiopia, Kenya, Niger, Nigeria, Pakistan, Uganda, and Tanzania.” share-of-the-worlds-estimated-population-of-18-to-23-year-olds-by-global-region-2015-2070 Share of the world’s estimated population of 18-to-23-year-olds by global region, 2015–2070. Source: Calderon, UNESCO There are many persistent roadblocks to continued growth in higher education enrolment in Africa, including funding, quality of programming, and institutional capacity. Even so, Mr Calderon’s analysis projects that total enrolment across the continent will roughly triple from 7.4 million students as of 2015 to nearly 22 million by 2040. “By 2035, countries from Sub-Saharan Africa are likely to become the sunrise markets for higher education,” he adds. “18 countries from this region will be in the top 50 in terms of volume for the population aged 18 to 23. In addition, 32 of Sub-Saharan Africa countries will be in the world’s top 50 in terms of population growth for the 18 to 23 cohort. Countries from East Asia & the Pacific will continue to dominate in volume and are likely to be mature markets. Countries from South & West Asia are likely to be sunshine markets by 2035/40. Countries from Central & Eastern Europe, Central Asia are likely to remain flat markets. The growth that is likely to be seen in countries from North America & Western Europe are likely to be driven by continued movement of persons.” For additional background, please see:

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