Literacy Rate, Adult Total for the Philippines
SEADTLITRZSPHL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.00
Year-over-Year Change
18.07%
Date Range
1/1/1980 - 1/1/2020
Summary
The Literacy Rate, Adult Total for the Philippines measures the percentage of the adult population in the Philippines who can read and write. This metric is crucial for economists and policymakers to assess the educational attainment and human capital of the country.
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 Literacy Rate, Adult Total for the Philippines represents the proportion of the population ages 15 and above who can, with understanding, read and write a short, simple statement about their everyday life. This indicator is widely used to evaluate a country's progress in providing basic education and skills to its citizens.
Methodology
The data is collected through national population censuses and household surveys.
Historical Context
Policymakers and international organizations utilize this metric to track and compare the educational development of the Philippines relative to other countries.
Key Facts
- The literacy rate in the Philippines was 98.2% in 2015.
- The Philippines has made significant progress in improving adult literacy over the past decades.
- Literacy is a key driver of economic and social development in the Philippines.
FAQs
Q: What does this economic trend measure?
A: The Literacy Rate, Adult Total for the Philippines measures the percentage of the adult population in the country who can read and write with understanding.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists and policymakers to assess the educational attainment and human capital of the Philippines, which are key drivers of economic and social development.
Q: How is this data collected or calculated?
A: The data is collected through national population censuses and household surveys.
Q: How is this trend used in economic policy?
A: Policymakers and international organizations utilize this metric to track and compare the educational development of the Philippines relative to other countries, informing policies and investments in education and human capital.
Q: Are there update delays or limitations?
A: The data is typically updated every few years, with the latest available data point for the Philippines being 2015.
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Citation
U.S. Federal Reserve, Literacy Rate, Adult Total for the Philippines (SEADTLITRZSPHL), retrieved from FRED.