Education in Israel is highly valued in the national culture with its historical values dating back to Ancient Israel and was viewed as one fundamental blocks of ancient Israelite life. Israeli culture views higher education as the key to higher mobility and socioeconomic status in Israeli society. The emphasis of education within Israeli society goes to the gulf within the Jewish diaspora from the Renaissance and Enlightenment Movement all the way to the roots of Zionism in the 1880s. Jewish communities in the Levant were the first to introduce compulsory education for which the organized community, not less than the parents, was responsible for the education of the next generation of Jews. With contemporary Jewish culture's strong emphasis, promotion of scholarship and learning and the strong propensity to promote cultivation of intellectual pursuits as well as the nations high university educational attainment rate exemplifies how highly Israeli society values higher education. The Israeli education system has been praised for various reasons, including its high quality and its major role in spurring Israel's economic development and technological boom. Many international business leaders and organizations such as Microsoft founder Bill Gates have praised Israel for its high quality of education in helping spur Israel's economic development. In 2012, the country ranked second among OECD countries (tied with Japan and after Canada) for the percentage of 25- to 64-year-olds that have attained tertiary education with 46 percent compared with the OECD average of 32 percent. In addition, nearly twice as many Israelis aged 55–64 held a higher education degree compared to other OECD countries, with 47 percent holding an academic degree compared with the OECD average of 25%. In 2012, the country ranked third in the world in the number of academic degrees per capita (20 percent of the population).
What did it rank in the number of academic degrees per capita?
third