Friday, February 3, 2012

Study: Israel Second-Most Educated Country in the World

According to a recent study, Israel ranks as the second-most educated country in the world, sending 45 percent of its citizens to receive a post-secondary education.
The study, conducted by the Organization for Economic Cooperation and Development (OECD), found that only Canada, which sends 50 percent of its citizens to higher education, outranked Israel.
According to 24/7 Wall Street, which broke down the OECD report:
>Pct. population with post secondary education: 45%
> Avg. annual growth rate (1999 – 2009): N/A
> GDP per capita: $28,596 (12th lowest)
> Pop. change (2000 – 2009): 19.02% (the highest)
Although there is no data on the percentage of Israeli citizens with post-secondary education dating back to 1999, the numbers going back to 2002 show that growth is slowing dramatically compared to other countries.
In fact, in 2006, 46% of adults ages 25 to 64 had a tertiary education. In 2007 this number fell to 44%.
Only 78% of funds spent on educational institutions in Israel are public funds. The country is also only one of three — the other two being Ireland and Sweden — where expenditure on educational institutions as a proportion of GDP decreased from 2000 to 2008. Israel also had the largest increase in overall population, approximately 19% from 2000 to 2009.
Notably, Israel ranked as the fastest-growing Western nation in the world.

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