Index of Human Capital per Person for Bangladesh
HCIYISBDA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.10
Year-over-Year Change
17.19%
Date Range
1/1/1959 - 1/1/2019
Summary
The Index of Human Capital per Person for Bangladesh measures the level of human capital per person in the country. This metric is important for economists and policymakers to assess the country's stock of human capital and its potential for economic 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 amount of human capital per person in Bangladesh, which reflects the knowledge, skills, and health of the population. This metric is used to evaluate the country's human capital assets and their contribution to economic productivity and development.
Methodology
The data is calculated based on years of schooling and returns to education.
Historical Context
This index is a key indicator for policymakers and international organizations to understand Bangladesh's human capital and guide investments in education, training, and healthcare.
Key Facts
- The index ranges from 0 to 1, with higher values indicating greater human capital.
- Bangladesh's index value in 2017 was 0.50, indicating average human capital levels.
- Improving human capital is a key priority for Bangladesh's economic growth and poverty reduction.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for Bangladesh measures the level of human capital per person in the country, reflecting the knowledge, skills, and health of the population.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to assess Bangladesh's stock of human capital and its potential for economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated based on years of schooling and returns to education.
Q: How is this trend used in economic policy?
A: This index is a key indicator for policymakers and international organizations to understand Bangladesh's human capital and guide investments in education, training, and healthcare.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of the underlying sources used in its calculation.
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Citation
U.S. Federal Reserve, Index of Human Capital per Person for Bangladesh (HCIYISBDA066NRUG), retrieved from FRED.