Index of Human Capital per Person for France
HCIYISFRA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.23
Year-over-Year Change
7.45%
Date Range
1/1/1950 - 1/1/2019
Summary
The Index of Human Capital per Person for France measures the level of human capital per person in the French economy. This metric is important for economists and policymakers to assess a country's productive capacity and potential for long-term 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 total human capital, or productive skills and knowledge, of a country's population. It is calculated based on educational attainment and returns to education. This metric provides insight into France's workforce quality and can inform policies aimed at developing human capital.
Methodology
The data is calculated by the Penn World Table using information on educational attainment and returns to education.
Historical Context
Trends in human capital are closely monitored by policymakers, as they are linked to a country's economic competitiveness and ability to adapt to changing market conditions.
Key Facts
- France's human capital index was 3.36 in 2019.
- The index has steadily increased over the past two decades.
- Human capital is a key driver of long-term economic growth.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for France measures the level of human capital, or productive skills and knowledge, of the French population.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into France's workforce quality and productive capacity, which are crucial factors for economic competitiveness and long-term growth.
Q: How is this data collected or calculated?
A: The data is calculated by the Penn World Table using information on educational attainment and returns to education.
Q: How is this trend used in economic policy?
A: Trends in human capital are closely monitored by policymakers, as they are linked to a country's economic competitiveness and ability to adapt to changing market conditions.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be a lag in the most recent figures being available.
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Citation
U.S. Federal Reserve, Index of Human Capital per Person for France (HCIYISFRA066NRUG), retrieved from FRED.