educational expenditure

How Does Education Affect GDP?

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How Does Education Affect GDP? On average, about half of the economic growth is related to labour income growth at the tertiary level of education. In France, Norway, Switzerland and the United Kingdom, 60% or more of growth in gross domestic product (GDP) is generated by those who have attained a tertiary education. How does

What Is The Relationship Between Literacy Rate And GDP Per Capita?

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What Is The Relationship Between Literacy Rate And GDP Per Capita? Countries with a high literacy rate usually have a high GDP per capita. Nations with low GDP frequently have lower literacy rates since the people in that country have less access to education, and children often have to work to help support the family.