Education export income - Financial Year

This page contains information on the education export income, for the financial year 2023-24

On this page:

International education was worth $51.0 billion to the Australian economy.

There was $30.2 billion paid as Goods and Services and $20.6 billion paid as Tuition fees.

Top five exports 2019-20 2020-21 2021-22 2022-23 2023-24
Coal 54620 39195 113844 124131 91396
Iron Ore 102877 152974 132487 124102 137865
Natural Gas 47524 30476 70571 92237 68587
Education-related 37338 27554 20776 36342 51032
Gold 24394 26104 23203 24416 32938
State 2019-20 2020-21 2021-22 2022-23 2023-24
NSW 13312 10033 7431 13261 19279
VIC 12709 8850 6441 11380 15789
QLD 5335 3984 3063 5208 6798
SA 2117 1702 1556 2455 3196
WA 2082 1634 1171 2349 3697
ACT 945 684 593 1090 1541
TAS 668 500 381 418 463
NT 170 167 142 182 270

Education export income by sector (A$ million)

Note: New Zealand students do not study on a student visa and have no sector data.  
 2019-202020-212021-222022-232023-24
Higher Education$25,269$17,862$13,502$24,068$34,785
Vocational Education and Training$8,041$7,878$6,098$8,488$11,402
Schools$1,317$986$648$850$1,216
English Language Intensive Courses for Overseas Students (ELICOS)$1,430$372$229$1,983$2,387
Non-award $834$140$104$650$868
New Zealand$263$192$129$158$174
Ausaid/Defence$184$124$65$148$201
Total$37,338$27,554$20,776$36,342$51,033
Country 2019-20 2020-21 2021-22 2022-23 2023/24
China 10434 6109 4230 8689 12160
India 6542 5309 3729 5933 8889
Nepal 2954 2522 2002 3347 4135
Vietnam 1396 1170 958 1481 2302
Colombia 849 756 580 1166 1509
Philippines 866 784 556 1168 2248
Indonesia 982 753 632 1080 1456
Thailand 706 525 450 1085 1353
Pakistan 825 699 549 1009 1641
Sri Lanka 805 677 511 807 1258
Rest of the world 10534 8023 6407 10577 14080

Considerations for interpreting this data

  • The figures in the tables above represent the data on international education exports released by the Australian Bureau of Statistics in its International Trade in Services series.
  • The total export income generated by all international education activity includes spending by onshore students as well as offshore earnings from other educational services and royalties. The ABS uses the term ‘education-related personal travel’ for this term. 
  • Includes international students studying onshore on student visas only.
  • Export income does not include income generated by the operations of offshore campuses of Australian institutions.

Source: Australian Bureau of Statistics data