Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for Papua New Guinea
BARTERICMP25UPZSPNG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.58
Year-over-Year Change
-29.78%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the percentage of the population aged 25 and older in Papua New Guinea who have attained some level of tertiary education, including both incomplete and completed tertiary schooling. It provides insights into the educational attainment of the adult population.
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 Educational Attainment dataset tracks educational outcomes globally. This specific series captures the total tertiary education levels for Papua New Guinea's adult population, which is a key indicator of human capital and economic development potential.
Methodology
The data is collected through household surveys and censuses, then aggregated and harmonized by the Barro-Lee project.
Historical Context
Policymakers and analysts use this metric to assess a country's progress in expanding access to higher education.
Key Facts
- Papua New Guinea's tertiary education attainment was 6.4% in 2020.
- Tertiary education levels have gradually increased from 4.6% in 1990.
- Expanding access to higher education is a key policy goal for Papua New Guinea.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the population aged 25 and older in Papua New Guinea who have attained some level of tertiary education, including both incomplete and completed tertiary schooling.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the educational attainment of Papua New Guinea's adult population, which is a key indicator of human capital and economic development potential.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and censuses, then aggregated and harmonized by the Barro-Lee project.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess a country's progress in expanding access to higher education, which is a key driver of economic development.
Q: Are there update delays or limitations?
A: The Barro-Lee dataset is updated periodically, but there may be delays in the availability of the most recent data for some countries.
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Citation
U.S. Federal Reserve, Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for Papua New Guinea (BARTERICMP25UPZSPNG), retrieved from FRED.