Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for the Philippines
BARTERICMP25UPZSPHL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.22
Year-over-Year Change
152.29%
Date Range
1/1/1970 - 1/1/2010
Summary
The Barro-Lee dataset tracks the educational attainment of populations across countries, including the share of adults aged 25 and older with tertiary education in the Philippines.
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
This metric provides insight into the human capital and skills composition of the Philippine workforce, which is crucial for evaluating economic potential and labor market dynamics.
Methodology
The data is compiled from national censuses and surveys by researchers Robert Barro and Jong-Wha Lee.
Historical Context
Policymakers and analysts use this indicator to assess a country's progress in expanding access to higher education.
Key Facts
- The Philippines' tertiary education rate was 21.8% in 2010.
- Tertiary attainment has increased from 10.7% in 1970 to 22.7% in 2015.
- Women have higher tertiary completion rates than men in the Philippines.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of the Philippine population aged 25 and older who have completed or are enrolled in tertiary education programs, including university, college, and other post-secondary institutions.
Q: Why is this trend relevant for users or analysts?
A: The level of tertiary educational attainment is a key measure of a country's human capital and the skills composition of its workforce, which are crucial factors for economic growth and development.
Q: How is this data collected or calculated?
A: The data is compiled by researchers Robert Barro and Jong-Wha Lee from national censuses and household surveys.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess a country's progress in expanding access to higher education, which is a key driver of productivity and competitiveness.
Q: Are there update delays or limitations?
A: The Barro-Lee dataset is updated every 5 years, and there may be gaps or inconsistencies in the underlying national data sources.
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Citation
U.S. Federal Reserve, Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for the Philippines (BARTERICMP25UPZSPHL), retrieved from FRED.