Index of Human Capital per Person for Italy
HCIYISITA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.16
Year-over-Year Change
7.89%
Date Range
1/1/1950 - 1/1/2019
Summary
The Index of Human Capital per Person for Italy measures the stock of human capital embodied in the Italian population. It serves as an important indicator for economists and policymakers to assess a country's long-term economic potential.
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 level of human capital in a given country. It captures the knowledge, skills, and health of the population, which are crucial drivers of economic growth and development.
Methodology
The data is calculated based on years of schooling and returns to education.
Historical Context
This index is used by economists and policymakers to evaluate Italy's human capital and its implications for the country's economic trajectory.
Key Facts
- Italy's human capital index was 2.72 in 2017.
- The index has increased steadily over the past decades.
- Human capital is a key driver of long-term economic development.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for Italy measures the level of knowledge, skills, and health embodied in the Italian population.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator of Italy's long-term economic potential, as human capital is a key driver of economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated based on years of schooling and returns to education.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this index to evaluate Italy's human capital and its implications for the country's economic trajectory.
Q: Are there update delays or limitations?
A: The data is updated regularly and provides a comprehensive measure of Italy's human capital stock.
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Citation
U.S. Federal Reserve, Index of Human Capital per Person for Italy (HCIYISITA066NRUG), retrieved from FRED.