Sector in Brazil to 2018 — Market Size and Intelligence
Brazil has one of the highest literacy rates (90%) among the developing countries — with an enrollment ratio of approximately 98% for primary education, and approximately 51% for higher education. The country caters to approximately 29% of its population across various levels of education, and spends approximately 4% of its total government expenditure on education.
Approximately two–third of Brazil’s education sector is dominated by the general school education, followed by higher education and preschool education. The sector has benefitted from free and compulsory basic education at public schools. However many students are now opting for private schools — which teach as per international curricula.
The country is witnessing an increase in number of private players, especially in higher education, which are catering to growing number of youth. These players are collaborating among themselves, raising financing, and investing in various levels across the sector.
Brazil’s education sector is expected to grow at a compound annual growth rate (CAGR) of approximately 4.1%, till 2018. The growth will be driven by various factors, such as increased government and private spending on education, growth in number of private institutions in urban areas, and increased use of technology.
This report has been prepared through the following comprehensive methodology:
The market definitions used in the reports are the standard definitions recognized by the industry. In this report, the market size of the education sector is defined as the sum total of core expenditure of teaching students. It includes the fees paid by students in private schools and higher education institutions, as well as the government expenditure per student in case of public schools and higher education institutions.
Bases of all the figures are taken from the statistics provided by the government, ministries, as well as prominent organizations such as the World Bank, International Monetary Funds, UNESCO Institute of Statistics, World Factbook — CIA etc. The data is further validated through credible analyst reports, white papers by industry organizations, questioners and expert interviews.