Index of Human Capital per Person for Israel
HCIYISILA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.89
Year-over-Year Change
13.21%
Date Range
1/1/1950 - 1/1/2019
Summary
The Index of Human Capital per Person for Israel measures the level of human capital per capita in the country. This metric is crucial for economists and policymakers to assess the quality of Israel's labor force and its potential for 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
The Index of Human Capital per Person for Israel is a composite indicator that reflects the knowledge, skills, and health of the Israeli population. It is used to evaluate the country's human capital, which is a key driver of productivity, innovation, and long-term economic success.
Methodology
The data is calculated by the Penn World Table using educational attainment and returns to education.
Historical Context
This index informs economic policy decisions and investment strategies related to human capital development in Israel.
Key Facts
- Israel's human capital index was 2.78 in 2019.
- The index has steadily increased over the past two decades.
- Higher human capital is linked to higher productivity and wages.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for Israel measures the level of knowledge, skills, and health of the Israeli population, which is a key driver of productivity and economic growth.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists and policymakers to assess the quality of Israel's labor force and its potential for economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the Penn World Table using educational attainment and returns to education.
Q: How is this trend used in economic policy?
A: This index informs economic policy decisions and investment strategies related to human capital development in Israel.
Q: Are there update delays or limitations?
A: The data is updated annually, but there may be lags in availability depending on the source.
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Citation
U.S. Federal Reserve, Index of Human Capital per Person for Israel (HCIYISILA066NRUG), retrieved from FRED.