Index of Human Capital per Person for Burkina Faso
HCIYISBFA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.29
Year-over-Year Change
13.20%
Date Range
1/1/1960 - 1/1/2019
Summary
The Index of Human Capital per Person for Burkina Faso measures the level of human capital in the country, which is a key factor in economic growth and development.
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
This index represents the amount of human capital per person, including factors like education, health, and skills. It is used by economists and policymakers to assess Burkina Faso's human capital resources and identify opportunities for investment and improvement.
Methodology
The data is calculated by the World Bank based on measures of educational attainment and health outcomes.
Historical Context
This metric provides important context for evaluating Burkina Faso's economic potential and development strategies.
Key Facts
- Burkina Faso's human capital index was 0.32 in 2017.
- The index has gradually increased over the past two decades.
- Improving human capital is a key priority for Burkina Faso's economic growth.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for Burkina Faso measures the level of human capital in the country, including factors like education, health, and skills.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating Burkina Faso's economic potential and identifying opportunities for investment and improvement in human capital development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on measures of educational attainment and health outcomes.
Q: How is this trend used in economic policy?
A: This index provides important context for policymakers and economists in Burkina Faso as they develop strategies to promote economic growth and development.
Q: Are there update delays or limitations?
A: The index is updated regularly by the World Bank, but there may be lags in data availability.
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Citation
U.S. Federal Reserve, Index of Human Capital per Person for Burkina Faso (HCIYISBFA066NRUG), retrieved from FRED.