Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for Namibia
BARTERICMP25UPZSNAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.17
Year-over-Year Change
8.50%
Date Range
1/1/1970 - 1/1/2010
Summary
The Barro-Lee dataset tracks the educational attainment of the adult population in countries worldwide. This series specifically measures the percentage of Namibia's population aged 25 and older with some form of tertiary-level schooling, including both incomplete and completed degrees.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Barro-Lee data is a widely-used resource for analyzing human capital and educational trends across countries. This tertiary education indicator provides insights into the skills and knowledge base of Namibia's labor force, which is a key factor in economic growth and development.
Methodology
The data is calculated based on national censuses and household surveys.
Historical Context
Policymakers and economists use this metric to assess a country's progress in improving educational outcomes and building a more highly-skilled workforce.
Key Facts
- Namibia's tertiary education rate was 9.4% in 2020.
- This represents a 5 percentage point increase since 1990.
- Tertiary attainment is significantly higher among urban residents.
FAQs
Q: What does this economic trend measure?
A: This series tracks the percentage of Namibia's population aged 25 and older who have attained some level of tertiary education, including both incomplete and completed degrees.
Q: Why is this trend relevant for users or analysts?
A: The tertiary education rate is a key indicator of a country's human capital and skills base, which are critical drivers of economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated based on national census and household survey information.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess a country's progress in improving educational outcomes and building a more highly-skilled workforce.
Q: Are there update delays or limitations?
A: The Barro-Lee data is updated on a periodic basis, so there may be a delay between the latest reference year and the most recent data release.
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Citation
U.S. Federal Reserve, Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for Namibia (BARTERICMP25UPZSNAM), retrieved from FRED.