Literacy Rate, Adult Total for Nicaragua
SEADTLITRZSNIC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.61
Year-over-Year Change
7.29%
Date Range
1/1/2001 - 1/1/2015
Summary
The adult total literacy rate in Nicaragua measures the percentage of the population aged 15 and above who can read and write. This key socioeconomic indicator is widely used to assess human capital development and the effectiveness of education policies.
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 adult total literacy rate reflects the ability of a population to engage in reading and writing activities. It is an important metric for understanding a country's educational attainment and potential for economic and social progress.
Methodology
The data is collected through household surveys and national censuses.
Historical Context
Policymakers often use the literacy rate to inform decisions on education funding, curriculum, and access.
Key Facts
- Nicaragua's adult literacy rate was 82.8% in 2020.
- Literacy rates are higher among urban populations compared to rural areas.
- Improving literacy is a key goal of Nicaragua's national education strategy.
FAQs
Q: What does this economic trend measure?
A: The adult total literacy rate measures the percentage of the population aged 15 and above who can read and write.
Q: Why is this trend relevant for users or analysts?
A: The literacy rate is an important indicator of human capital development and the effectiveness of a country's education system.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and national censuses.
Q: How is this trend used in economic policy?
A: Policymakers use the literacy rate to inform decisions on education funding, curriculum, and access.
Q: Are there update delays or limitations?
A: The data is typically updated every few years as new survey or census information becomes available.
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Citation
U.S. Federal Reserve, Literacy Rate, Adult Total for Nicaragua (SEADTLITRZSNIC), retrieved from FRED.