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The literacy rate has a massive impact on a nation to boost their economy; most of the countries with higher literacy rates are the developed nations. Since the developed countries pay attention to their literacy rate, starting from the newly born child to the eldest, they have secured an excellent future for the growth of the country. 

Countries with higher literacy rates are mostly into peacekeeping, funding the developing nations and working on new technological innovations.  In addition to that, these countries are mostly into solving major environmental problems like global warming, fighting to save the glaciers in the Arctic and the Antarctic region. 

Based on the statistical data collected in the year 2019, let's have a look at the best countries which have the highest literacy rate in the world. 

North Korea 

Isolated from the world, North Korea has topped the list for the highest literacy rate of 100%.  With a growth rate of 0.46%, the country has developed over the years to boost the literacy rate. The statistical data was analyzed based on a census by the UNESCO. They possess the highest adult literacy rate for both female and male when observing the statistical data. 

Latvia

The government of Latvia Spends 5.3% on education as per census in 2015 of the gross domestic product. Even though the growth rate in the country has dropped by 1.31%, they have come up with a strategy. This will ensure the literacy rate will not be affected even with a low growth rate based on the statistics in 2019. However, Latvia possesses the second-highest adult literacy rate in the world.

Ukraine

Being a part of the Eastern European region, Ukraine possesses a literacy rate of 99.97%, where the male literacy rate is 99.99%, and the female literacy rate is 99.96%. Even though they possess a low growth rate, the country has topped the list as one of the countries with the best adult literacy rates in the world. 

Tajikistan

They possess an annual growth of 0.71% in the literacy rate. Since 2015 Tajikistan has improved its growth rate from 97.7 % to 99.8 %. The country spends 5.2% on the education of the GDP, and they possess an impressive growth rate of 2.42%.

Poland

The adult literacy rate of Poland has grown up by 98.7 to 99.8% since 2015 with an annual growth rate of 0.26%. The country spends 4.8 % on the education of the GDP. There are around 457 universities in Poland, including 131 universities funded by the government and 326 universities owned by the private sector.

Lithuania

The adult literacy rate of Lithuania was 98.4% by the end of 1989, and they possess a rapid growth of 0.47%. With the improved growth rate, the country has managed to reach 99.8% literacy rate by the end of 2015. They spend 4.2 % on the education of the GDP.

Kazakhstan

They spend 2.9 % on the education of the GDP. With an annual growth rate of 1.27%, the literacy rate of the country stands at 99.8%. Since 1989 they have improved their literacy rate from 97.5% to 99.8% in the world.

Azerbaijan

Based on the statistical data from UNESCO, they possess a male literacy rate of 99.86% and 99.72% for female literacy and an overall 99.79 in the country's literacy rate. They spend 2.9 % on the education of the GDP.

Georgia

They spend 3.8 % on the education of the GDP. There are around 185 university colleges, community colleges, and trade schools in Georgia. In addition to that, the country possesses a literacy rate of 99.8%, which had grown from 0.05% since 2012.

Estonia

The adult literacy rate in the country is at 99.8%, which has dropped from 99.9% since 2011. Estonia spends 5.2 % on the education of the GDP. Estonia has over 15 public universities which provide education for both local and foreign students. The University of Tartu provides home for over 13000 students, and it is the oldest university in the country. 

Cuba

Based on the statistical analysis by UNESCO, the country possesses a literacy rate of 99.75%. The significant feature is that the men in Cuba possess a literacy rate of 99.71% when comparing with other countries. Cuba spends 12.8 % of the GDP on education. 

Turkmenistan

The literacy rate of Turkmenistan has increased from 98.8% to 99.7% since 2015, with a growth rate of 0.46%. They spend 3 % of the GDP on education. The country possesses 18 public universities which provide education for both local and foreign students.  

Slovenia

Slovenia’s education expenditure is 4.9 % of the GDP. The adult literacy rate of the country is marked at 99.7%, which has increased from 99.5% since 2015. Slovenia has only 5 main universities and over 20 higher education institutes in the country. 

Russia

The country possesses a literacy rate of 99.68%, where the male literacy rate stands at 99.73%, and the female literacy rate stands at 99.68% based on the statistical analysis by UNESCO. The Russian Federation spend 3.8 % on the education of the GDP.  

Armenia

The adult literacy rate of Armenia stands at 99.8%, which has increased at a rate of 0.35% since 1989. Armenia spends 2.8% of the GDP on education. There are 26 state universities and 33 private based institutes in the Republic of Armenia.

Conclusion

The countries which possess a higher literacy rate has a rapid growth in the world, and they possess very fewer debts ration when comparing with other nations. However, the literacy rate keeps on changing over the years, and it's a rat race among the other developed nations to top the list of countries with the highest literacy rate.