Index of Human Capital per Person for India
HCIYISINA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.17
Year-over-Year Change
14.28%
Date Range
1/1/1950 - 1/1/2019
Summary
The Index of Human Capital per Person for India measures the level of human capital per person in the country. This metric is important for economists and policymakers to assess India's economic development and potential for future 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 for India represents the amount of human capital per person, based on years of schooling and returns to education. It is a key indicator used to evaluate a country's human capital, which is a crucial driver of economic productivity and innovation.
Methodology
The data is calculated by the World Bank using educational attainment and returns to education.
Historical Context
This index is widely used by economists, policymakers, and international organizations to analyze India's human capital and its implications for economic policy.
Key Facts
- India's human capital index was 0.49 in 2017.
- The index has steadily increased over the past two decades.
- Higher human capital is linked to greater productivity and economic growth.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for India measures the level of human capital per person in the country, based on years of schooling and returns to education.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of India's economic development potential, as human capital is a crucial driver of productivity and innovation.
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: The index is widely used by economists, policymakers, and international organizations to analyze India's human capital and its implications for economic policy.
Q: Are there update delays or limitations?
A: The index is updated periodically by the World Bank, and may have some delays in reporting due to data collection processes.
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Citation
U.S. Federal Reserve, Index of Human Capital per Person for India (HCIYISINA066NRUG), retrieved from FRED.