Index of Human Capital per Person for Bahrain
HCIYISBHA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.23
Year-over-Year Change
-2.08%
Date Range
1/1/1970 - 1/1/2019
Summary
The Index of Human Capital per Person for Bahrain measures the level of human capital, or the knowledge, skills, and health of the population, in the country. This indicator is important for economists and policymakers to assess economic growth potential 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
The Index of Human Capital per Person is a measure of the stock of human capital in a country, based on years of schooling and returns to education. It provides a comprehensive view of the quality of a country's labor force and its capacity for productivity and innovation.
Methodology
The data is calculated by the World Bank using an education-based methodology.
Historical Context
This index is used by economists, analysts, and policymakers to evaluate a country's human capital and potential for economic development.
Key Facts
- Bahrain's human capital index was 0.66 in 2017.
- The index ranges from 0 to 1, with higher values indicating more human capital.
- Bahrain ranks 57th globally in human capital per person.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for Bahrain measures the level of human capital, or the knowledge, skills, and health of the population, in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for economists and policymakers to assess Bahrain's economic growth potential and development prospects.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using an education-based methodology.
Q: How is this trend used in economic policy?
A: The human capital index is used by economists, analysts, and policymakers to evaluate a country's human capital and potential for economic development.
Q: Are there update delays or limitations?
A: The human capital index data is published annually with a slight delay.
Related Trends
Population for Uzbekistan
POPTTLUZA148NRUG
Average Annual Hours Worked by Persons Engaged for Portugal
AVHWPEPTA065NRUG
Expenditure-side Real GDP at Chained Purchasing Power Parities for Lesotho
RGDPESLSA666NRUG
Expenditure-side Real GDP at Chained Purchasing Power Parities for Spain
RGDPESESA666NRUG
Index of Human Capital per Person for Belize
HCIYISBZA066NRUG
Expenditure-side Real GDP at Chained Purchasing Power Parities for Bangladesh
RGDPESBDA666NRUG
Citation
U.S. Federal Reserve, Index of Human Capital per Person for Bahrain (HCIYISBHA066NRUG), retrieved from FRED.