Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for Austria
BARTERICMP25UPZSAUT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.39
Year-over-Year Change
568.85%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the percentage of the Austrian population aged 25 and older with some form of tertiary education, including both incomplete and completed tertiary schooling.
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 provides detailed cross-country information on educational levels. This specific series tracks the proportion of the Austrian adult population that has attained at least some tertiary-level education, which is an important indicator of a country's human capital and development.
Methodology
The data is collected through national censuses and household surveys.
Historical Context
This metric is widely used by economists and policymakers to analyze trends in educational achievement and its relationship to economic growth and productivity.
Key Facts
- Austria has one of the highest tertiary education attainment rates in the OECD.
- The share of Austrians aged 25+ with tertiary schooling has steadily increased over time.
- Tertiary education is a key driver of innovation and economic competitiveness in Austria.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the Austrian population aged 25 and older who have attained some form of tertiary education, including both incomplete and completed tertiary schooling.
Q: Why is this trend relevant for users or analysts?
A: The level of tertiary educational attainment is an important indicator of a country's human capital and is closely linked to economic growth, innovation, and productivity.
Q: How is this data collected or calculated?
A: The data is collected through national censuses and household surveys.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze trends in educational achievement and its relationship to economic development, competitiveness, and labor market outcomes.
Q: Are there update delays or limitations?
A: The data is updated periodically, but there may be delays in reporting due to the time required for national statistical agencies to collect and compile the information.
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Citation
U.S. Federal Reserve, Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for Austria (BARTERICMP25UPZSAUT), retrieved from FRED.