The spending on training staff and outside products and services by the training industry in the United States generally increased from 2016 to 2023. In 2023, companies active in the U.S. training industry had a combined annual expenditure in terms of training staff payroll of 63 billion U.S. dollars and spending on outside products and services amounted to roughly 10 billion U.S. dollars. Other training expenditures that included, for example, travel, facilities, and equipment, increased significantly between 2021 and 2023 by over 15 billion U.S. dollars.
Expenditure breakdown in the training industry in the United States from 2016 to 2023
(in billion U.S. dollars)
Figures include all training-related expenditures for the year, including training budgets, technology spending, and staff salaries.
Other training expenditures include travel, facilities and equipment related expenditure.
The training expenditure figures are weighted by company size and industry according to a Dun & Bradstreet database available through Hoovers of U.S. companies.
Values prior to 2018 taken from previous reports.
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Training Magazine. (November 14, 2023). Expenditure breakdown in the training industry in the United States from 2016 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/788553/training-expenditure-breakdown-united-states/
Training Magazine. "Expenditure breakdown in the training industry in the United States from 2016 to 2023 (in billion U.S. dollars)." Chart. November 14, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/788553/training-expenditure-breakdown-united-states/
Training Magazine. (2023). Expenditure breakdown in the training industry in the United States from 2016 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/788553/training-expenditure-breakdown-united-states/
Training Magazine. "Expenditure Breakdown in The Training Industry in The United States from 2016 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Nov 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/788553/training-expenditure-breakdown-united-states/
Training Magazine, Expenditure breakdown in the training industry in the United States from 2016 to 2023 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/788553/training-expenditure-breakdown-united-states/ (last visited November 10, 2024)
Expenditure breakdown in the training industry in the United States from 2016 to 2023 (in billion U.S. dollars) [Graph], Training Magazine, November 14, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/788553/training-expenditure-breakdown-united-states/