Index of Human Capital per Person for Indonesia
HCIYISIDA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.29
Year-over-Year Change
-2.42%
Date Range
1/1/1960 - 1/1/2019
Summary
The Index of Human Capital per Person for Indonesia measures the stock of human capital per worker in the country. It is a key indicator for economists and policymakers assessing Indonesia's economic development and labor productivity.
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 represents the level of human capital embodied in the average worker in Indonesia. It is calculated based on years of schooling and returns to education, providing insights into the quality and skill level of the Indonesian labor force.
Methodology
The data is calculated by the World Bank using educational attainment and returns to education.
Historical Context
This metric helps inform workforce development policies and investment decisions in Indonesia.
Key Facts
- Indonesia's human capital index was 0.53 in 2017.
- This places Indonesia's human capital below the global average.
- Improving human capital is a key priority for Indonesia's economic growth.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for Indonesia measures the level of human capital embodied in the average worker in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the quality and skill level of Indonesia's labor force, which is crucial for assessing the country's economic development and productivity.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using educational attainment and returns to education.
Q: How is this trend used in economic policy?
A: This metric helps inform workforce development policies and investment decisions in Indonesia aimed at improving human capital and driving economic growth.
Q: Are there update delays or limitations?
A: The human capital index is updated periodically by the World Bank, and there may be some delay in the availability of the latest data.
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Citation
U.S. Federal Reserve, Index of Human Capital per Person for Indonesia (HCIYISIDA066NRUG), retrieved from FRED.