M. Porter, Senior Executive, Master of Art, San Jose
Answered Dec 21, 2018
Literacy is usually higher in countries with higher GDP.
Education and monetary worth of a country are very important factors in measuring a country’s growth. It is believed that there is a positive relationship between Literacy and GDP. Developed countries have higher GDP and literacy compared to poorer countries, which has low literacy rates.
According to an observational study done by Prezi, it shows that there is a positive, exponential relationship between literacy and GDP. This means as literacy increases, GDP also increases and the lower the literacy of a country, the lower the GDP of that country.