We estimate that the number of pupils will rise to 647 thousand by 2027/28 vs 633 thousand currently, - according to the Report published by Galt&Taggart.
As of the document, between the 2021-2022 academic year, this figure stood at 625 thousand pupils, while in 2019-2020 - 593 thousand.
"The majority of pupils are still concentrated in public schools in Georgia, but the private sector enjoys rising enrolments and tuition fees due to a higher perceived quality compared to public schools. We believe this trend will continue, backed by increased disposable income, urbanization and positive demographic trends in the medium term. Despite strong growth, the private general education system in Georgia is still fragmented. Only 11 private schools have more than 1,000 enrollments, collectively accounting for 21.0% of the private market as of 2022-23, leaving room to play M&A", - G&T notes in the reprot.
Georgia has achieved almost full attendance at schools, with more than 95% net enrolment rate. The size of the school population was declining until 2013, but has since been on an upward trend, driven by improved demographic tendencies.
"There were 633 thousand pupils at schools in Georgia as of 2022-23 and we expect increase to c. 647.3k by 2027/28 academic year due to increased number of newborns over 2014-18", - G&T reports.
