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Erasmus budget

How much does the EU spend on the Erasmus programme?

Redacción

Most of the Erasmus budget is managed by national agencies in the participating countries. Erasmus also supports multilateral projects and networks which account for around €20 million a year (around 4% of the budget).These are managed centrally by the Education, Audiovisual and Culture Executive Agency (EACEA) in Brussels.

The Erasmus budget is divided between the participating countries on the basis of the following factors:

  • Population: number of students, graduates and teachers in higher education (level 5-6 of the International standard classification of education, ISCED). Data are provided by Eurostat.

  • Costs of living and distance between capital cities: used as corrective factors, applied to the population factor.

  • Past performance indicator: calculated on the basis of the number of outbound staff and students in the past (using the latest available data).

     

    Erasmus decentralised funds allocated to National Agencies

    Year

    Annual Erasmus budget dedicated to student and staff mobility in million €

    Change, year-on-year

     

     

     

    1989

    26,84

    106,46%

    1990

    32,88

    22,50%

    1991

    43,86

    33,39%

    1992

    62,88

    43,37%

    1993

    67,88

    7,95%

    1994

    72,78

    7,22%

    1995

    73,46

    0,93%

    1996

    74,3

    1,14%

    1997

    70,00

    -5,79%

    1998

    100,27

    43,24%

    1999

    100,27

    0,00%

    2000

    111,79

    11,49%

    2001

    116,19

    3,94%

    2002

    121,9

    4,91%

    2003

    142,53

    16,92%

    2004

    168,00

    17,87%

    2005

    200,96

    19,62%

    2006

    245,75

    22,29%

    2007

    372,25

    51,48%

    2008

    416,36

    11,85%

    2009

    415,37

    -0,24%

    2010

    434,83

    4,68%

    2011

    473,91

    8,99%

    2012

    547,26

    15,48%

    2013

    547,14

    -0,02%

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