Index of Human Capital per Person for Angola
HCIYISAOA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.48
Year-over-Year Change
7.39%
Date Range
1/1/1970 - 1/1/2019
Summary
The Index of Human Capital per Person for Angola measures the level of human capital per capita in the country. This metric is critical for assessing Angola's economic development and its potential for long-term growth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Index of Human Capital per Person is a measure of the knowledge, skills, and health embodied in a population, which contributes to economic productivity. It is a key indicator used by economists and policymakers to evaluate a country's human capital and its capacity for sustainable development.
Methodology
The data is calculated by the World Bank using a range of demographic and education variables.
Historical Context
Trends in human capital are closely watched by investors, international institutions, and government agencies to gauge Angola's competitiveness and prospects for future prosperity.
Key Facts
- Angola's human capital index was 0.37 in 2017.
- The index has grown steadily since 2000 but remains low compared to other African nations.
- Improving human capital is a key priority for Angola's economic diversification efforts.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for Angola measures the knowledge, skills, and health of the Angolan population, which are critical factors for economic productivity and growth.
Q: Why is this trend relevant for users or analysts?
A: Trends in human capital are closely watched by economists, investors, and policymakers to assess Angola's economic competitiveness and capacity for sustainable development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a range of demographic and education variables.
Q: How is this trend used in economic policy?
A: Improvements in human capital are a key priority for Angola's economic diversification efforts, as they are critical for boosting productivity and long-term growth.
Q: Are there update delays or limitations?
A: The human capital index is updated annually, but there can be lags in data availability, especially for developing countries like Angola.
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Citation
U.S. Federal Reserve, Index of Human Capital per Person for Angola (HCIYISAOA066NRUG), retrieved from FRED.