Literacy Rate, Adult Total for Romania
SEADTLITRZSROU • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.00
Year-over-Year Change
2.06%
Date Range
1/1/1992 - 1/1/2021
Summary
The adult total literacy rate for Romania measures the percentage of the population aged 15 and above who can read and write. This key economic and social indicator is used by policymakers to assess educational outcomes and human capital development.
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 represents the share of the population aged 15 and above who can read and write a simple statement about their everyday life. This metric is a widely used indicator of a country's educational attainment and a proxy for human capital.
Methodology
The data is collected through household surveys and censuses conducted by national statistical agencies.
Historical Context
Literacy rates are important for evaluating economic and social progress, and informing policies aimed at improving educational access and outcomes.
Key Facts
- Romania's adult literacy rate was 98.8% in 2018.
- Literacy rates are higher among urban residents compared to rural populations.
- Improving literacy is a key goal of Romania's educational policies.
FAQs
Q: What does this economic trend measure?
A: The adult total literacy rate for Romania 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: Literacy rates are an important indicator of a country's educational attainment and human capital, which are crucial for economic and social development.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and censuses conducted by Romania's national statistical agency.
Q: How is this trend used in economic policy?
A: Literacy rates are used by policymakers to assess educational outcomes and inform policies aimed at improving access to education and human capital development.
Q: Are there update delays or limitations?
A: The data is typically updated on an annual basis, with some potential for delays in survey completion and reporting.
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Citation
U.S. Federal Reserve, Literacy Rate, Adult Total for Romania (SEADTLITRZSROU), retrieved from FRED.