The increase in the educational level of the population as an opportunity for socio-economic development of countries of the European Union

Abstract

Article covers issues related to the education level of the population in the countries of the European Union in the context of opportunity for social and economic development. The aim of this analysis was to show changes in the level of education of the population and socio-economic development of countries in the years 2006–2015 and the relationships between indicators describing the investigated issues. To evaluate the issues taken into account indicators such as the percentage of the population by level of education attained at the age of 15–64 years, the proportion of people with higher education aged 30–34, the percentage of the population of early school leavers aged 18–24 and unemployed and non-learning aged 15–24, participation in education of persons aged 25–64 years, gross domestic product per 1 capita income of the population, the risk of poverty or social exclusion. The source of empirical information was derived from the European Statistical Office. We analyzed 28 European Union countries. In most countries, the European Union is an increase education of the population and reduces the rate of early school leavers. The increase in education of European society is reflected in the social and economic development of countries.