Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for the Lao People's Democratic Republic
BARTERICMP25UPZSLAO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.07
Year-over-Year Change
457.14%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the percentage of the Lao population aged 25 and older who have attained some level 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 harmonized estimates of educational attainment for the population aged 25 and over across countries. This particular series tracks the total share of the Lao adult population with any tertiary-level schooling, which is a key indicator of human capital development.
Methodology
The data is calculated based on national household surveys and censuses compiled by the Barro-Lee project.
Historical Context
This metric is widely used by economists and policymakers to assess a country's progress in building an educated workforce and advancing socioeconomic development.
Key Facts
- Lao PDR has the lowest tertiary attainment rate in Southeast Asia.
- Tertiary education enrollment in Lao has tripled since 2000.
- Women's tertiary attainment in Lao lags significantly behind men.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the Lao population aged 25 and older 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 is a key indicator of human capital development and is widely used by economists and policymakers to assess a country's progress in building an educated workforce and advancing socioeconomic development.
Q: How is this data collected or calculated?
A: The data is calculated based on national household surveys and censuses compiled by the Barro-Lee project.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and international organizations to evaluate a country's educational attainment and human capital, which are critical factors for economic growth and development.
Q: Are there update delays or limitations?
A: The Barro-Lee dataset is updated infrequently, with the latest release covering data up to 2018. There may be some limitations in data quality and comparability across countries due to differences in national education systems and survey methodologies.
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Citation
U.S. Federal Reserve, Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for the Lao People's Democratic Republic (BARTERICMP25UPZSLAO), retrieved from FRED.