Literacy Rate, Adult Total for Colombia
SEADTLITRZSCOL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.00
Year-over-Year Change
3.23%
Date Range
1/1/1993 - 1/1/2020
Summary
The adult literacy rate in Colombia measures the percentage of the population aged 15 and above who can read and write. This key economic and social indicator helps policymakers understand human capital development and educational attainment.
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 literacy rate reflects the ability of the adult population to engage in reading and writing activities. It is an important metric for assessing a country's educational system and the skills of its workforce, which are crucial for economic growth and development.
Methodology
The data is collected through national household surveys and censuses conducted by the Colombian government.
Historical Context
The adult literacy rate is used by economists, policymakers, and international organizations to evaluate social progress and human capital formation.
Key Facts
- Colombia's adult literacy rate was 94.9% in 2018.
- Literacy rates have improved significantly in Colombia over the past decades.
- Improving adult literacy is a key policy goal for the Colombian government.
FAQs
Q: What does this economic trend measure?
A: The adult literacy rate measures the percentage of the population aged 15 and above who can read and write with understanding.
Q: Why is this trend relevant for users or analysts?
A: The adult literacy rate is an important indicator of a country's educational attainment and human capital, which are crucial for economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected through national household surveys and censuses conducted by the Colombian government.
Q: How is this trend used in economic policy?
A: The adult literacy rate is used by economists, policymakers, and international organizations to evaluate social progress and inform educational and workforce development policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in terms of survey coverage and methodology across different time periods.
Related Trends
People 15 Years and Over with Account at a Formal Financial Institution for Colombia
DDAI05COA156NWDB
Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Colombia
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Value of Exports to Colombia from Florida
FLCOLA052SCEN
Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Colombia
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Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Credit Unions and Financial Cooperatives for Colombia
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Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Colombia
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Citation
U.S. Federal Reserve, Literacy Rate, Adult Total for Colombia (SEADTLITRZSCOL), retrieved from FRED.