Friday, February 3, 2012

The 10 Most Educated Countries in the World

From the link:

The ten most educated countries in the world (Jan 2012):
  1. Canada
  2. Israel
  3. Japan
  4. USA
  5. New Zealand
  6. South Korea
  7. Norway
  8. UK
  9. Australia
  10. Finland
More about Canada:
* Pct. population with postsecondary education: 50%
* Avg. annual growth rate (1999 – 2009): 2.3% (5th lowest)
* GDP per capita: $39,070 (10th highest)
* Pop. change (2000 – 2009): 9.89% (10th highest)

In Canada, 50% of the adult population has completed tertiary education, easily the highest rate in the OECD. Each year, public and private expenditure on education amount to 2.5% of GDP, the fourth-highest rate in the world. Tertiary education spending accounts for 41% of total education spending in the country. In the U.S., the proportion is closer to 37%. In Israel, the rate is 22%. In Canada, nearly 25% of students have an immigrant background.

More about USA:
* Pct. population with postsecondary education: 41%
* Avg. annual growth rate (1999 – 2009): 1.4% (the lowest)
* GDP per capita: $46,588 (4th highest)
* Pop. change (2000 – 2009): 8.68% (12th highest)

The U.S. experienced a fairly large growth in population from 2000 to 2009. During the period, the population increased 8.68% — the 12th highest among OECD countries. Meanwhile, the rate at which the share of the population with a tertiary education is growing has slowed to an annual rate of 1.4% — the lowest among the 34 OECD countries. Just 71% of funding for educational institutions in the country comes from public funds, placing the U.S. sixth-lowest in this measure. Among OECD countries, the largest share of adults with a tertiary education live in the United States — 25.8%.

More about Japan:
* Pct. population with postsecondary education: 44%
* Avg. annual growth rate (1999 – 2009): 3.2% (10th lowest)
* GDP per capita: $33,751 (17th lowest)
* Pop. change (2000 – 2009): 0.46% (6th lowest)

In Japan, 44% of the adult population has some form of tertiary education. The U.S. by comparison has a rate of 41%. Japan’s population increased just 0.46% between 2000 and 2009, the sixth-slowest growth rate in the OECD, and the slowest among our list of 10. Japan is tied with Finland for the third-highest upper-secondary graduation rate in the world, at 95%. It has the third-highest tertiary graduation rate in the world, but only spends the equivalent of 1.5% of GDP on tertiary education - the 17th lowest rate in the OECD.

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