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The impact of education on Brazil's economic growth

A study by the Getúlio Vargas Foundation (FGV EESP), in partnership with the Lemann Foundation, found that the return on investment in education is particularly significant in lower-income nations like Brazil.

Main findings:

  • A rise in scores on international standardized tests, such as the Programme for International Student Assessment (PISA), correlates with an additional 1 to 2.2 percentage points in annual GDP per capita growth.
  • Improvements in basic education in Brazilian municipalities lead to substantial job creation for young people.
  • Investment in human capital plays a crucial role in explaining economic growth disparities between countries.
  • Educational attainment is closely linked to productivity and accounts for a major portion of income differences among workers.