A 2023 dataset from the World Bank's Education Statistics provides average years of total schooling completed for the population aged 25 and older. It measures human capital accumulation across countries and years. The data is compiled by the Barro-Lee project.
Use Cases
- Analyze trends in 'average years of schooling' over time to assess educational progress in specific countries.
- Compare 'average years of schooling' across different countries to study global disparities in human capital.
- Model the impact of changes in 'average years of schooling' on other macroeconomic indicators using panel data.
- Benchmark national educational attainment against regional averages using the country-level metric.
Strengths
- Provides a standardized metric for educational attainment across many countries.
- Offers time-series data for longitudinal analysis of educational trends.
- Focuses on a key demographic (age 25+) for assessing adult human capital stock.
Limitations
- The specific number of countries, years covered, and row count are unknown.
- The 'average years' metric may mask underlying distributional inequalities within countries.
- Data collection methodology and potential revisions across versions are unspecified.
Provenance
- Source
- World Bank Education Statistics, Barro-Lee project.
- Geography
- Global country coverage.