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10 economies that have most educated workforce in the world

October 25, 2013 08:38 IST
A man uses his mobile phone in front of Panasonic's showroom in Tokyo, Japan.

Although the developed world continues to have the most educated workforce, the developing countries are fast catching up. The United States, with just 1 per cent annual growth rates for higher education, lags Poland, which is seeing more than 7 per cent growth.

Let's take a look at some countries that have highest percentage of students graduating from college.

Source: 24/7 Wall St

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10 economies that have most educated workforce in the world

October 25, 2013 08:38 IST
People stroll down the historical Stephen Avenue Walk in the heart of downtown Calgary, Alberta, Canada.

Canada

Percentage of population with tertiary education: 51 per cent

Average annual growth rate (2000-2010): 2.4 per cent (5th lowest)

GDP per capita: $39,050 (11th highest)

Overall rank in students graduating from college: 1

Canada, one of the richest economies in the world, posted GDP of $1.83 trillion in 2013.

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10 economies that have most educated workforce in the world

October 25, 2013 08:38 IST
A view of central Tel Aviv, with the Mediterranean Sea in the background, Israel.

Israel

Percentage of population with tertiary education: 46 per cent

Average annual growth rate (2000-2010): N/A

GDP per capita: $26,531 (13th lowest)

Overall rank in students graduating from college: 2

Israel, one of the top tech hubs in the world, posted GDP of $274.50 billion in 2013.

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10 economies that have most educated workforce in the world

October 25, 2013 08:38 IST
Pedestrians walk across a zebra crossing in Tokyo, Japan.

Japan

Percentage of population with tertiary education: 45 per cent

Average annual growth rate (2000-2010): 2.9 per cent (10th lowest)

GDP per capita: $33,785 (18th highest)

Overall rank in students graduating from college: 3

Japan, one of the biggest economies in the world, posted GDP of $5.96 trillion in 2012.

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10 economies that have most educated workforce in the world

October 25, 2013 08:38 IST
Sightseers await to turn in an intersection during a Central Park carriage ride in New York City, United States.

United States

Percentage of population with tertiary education: 42 per cent

Average annual growth rate (2000-2010): 1.3 per cent (2nd lowest)

GDP per capita: $46,548 (4th highest)

Overall rank in students graduating from college: 4

United States, the biggest economy in the world, posted GDP of $16.6 trillion in 2013.

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10 economies that have most educated workforce in the world

October 25, 2013 08:38 IST
A view of Auckland City from atop the Sky Tower, New Zealand.

New Zealand

Percentage of population with tertiary education: 41 per cent

Average annual growth rate (2000-2010): 3.5 per cent (13th highest)

GDP per capita: $29,711 (17th lowest)

Overall rank in students graduating from college: 5

New Zealand, a major exporter of dairy products, posted GDP of $181.1 billion in 2013.

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10 economies that have most educated workforce in the world

October 25, 2013 08:38 IST
People come out at subway station in the Gangnam area of Seoul, South Korea.

South Korea

Percentage of population with tertiary education: 40 per cent

Average annual growth rate (2000-2010): 5.2 per cent (6th highest)

GDP per capita: $28,797 (16th lowest)

Overall rank in students graduating from college: 6

South Korea, one of the most advanced economies in the world, posted GDP of $1.55 trillion in 2012.

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10 economies that have most educated workforce in the world

October 25, 2013 08:38 IST
A customer stands outside The Churchill Arms pub in central London, United Kingdom. The 18th century public house has twice won the 'London in Bloom' competition for its floral displays and hanging baskets which adorn the outside.

United Kingdom

Percentage of population with tertiary education: 38 per cent

Average annual growth rate (2000-2010): 4.0 per cent (10th highest)

GDP per capita: $35,756 (15th highest)

Overall rank in students graduating from college: 7

United Kingdom, a major financial centre of the world, posted GDP of $2.37 trillion in 2012.

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10 economies that have most educated workforce in the world

October 25, 2013 08:38 IST
Visitors walk down the main street at Moomin World theme park in Naatali, Finland.

Finland

Percentage of population with tertiary education: 38 per cent

Average annual growth rate (2000-2010): 1.8 per cent (4th lowest)

GDP per capita: $36,307 (14th highest)

Overall rank in students graduating from college: 8

Finland, one of the wealthiest economies the world, posted GDP of $247.2 billion in 2012.

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10 economies that have most educated workforce in the world

October 25, 2013 08:38 IST
A view of the Central Business District on a sunny winter afternoon in Sydney, Australia.

Australia

Percentage of population with tertiary education: 38 per cent

Average annual growth rate (2000-2010): 3.2 per cent (12th lowest)

GDP per capita: $40,790 (6th highest)

Overall rank in students graduating from college: 9

Australia, one of the wealthiest economies in the world, posted GDP of $1.57 trillion in 2013.

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10 economies that have most educated workforce in the world

October 25, 2013 08:38 IST
A restaurant in Dublin, Ireland.

Ireland

Percentage of population with tertiary education: 37 per cent

Average annual growth rate (2000-2010): 7.3 per cent (the highest)

GDP per capita: $40,478 (7th highest)

Overall rank in students graduating from college: 10

Ireland, which has high standard of living, posted GDP of 163.9 billion euros in 2012.