Photographs: Toru Hanai/Reuters
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
Photographs: Todd Korol/Reuters
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
Photographs: Nir Elias/Reuters
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
Photographs: Stringer/Reuters
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
Photographs: Adrees Latif/Reuters
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
Photographs: Stefan Wermuth/Reuters
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
Photographs: Lee Jae-Won/Reuters
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
Photographs: Toby Melville/Reuters
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
Photographs: Bob Strong/Reuters
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
Photographs: Daniel Munoz/Reuters
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
Photographs: Cathal McNaughton/Reuters
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.
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