Index of Human Capital per Person for Morocco
HCIYISMAA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.94
Year-over-Year Change
13.77%
Date Range
1/1/1950 - 1/1/2019
Summary
The Index of Human Capital per Person for Morocco measures the level of human capital per person in the country. This metric is crucial for economists and policymakers to assess Morocco's workforce quality and development 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 knowledge, skills, and health embodied in the Moroccan population. It is used to evaluate the country's human capital, which is a key driver of economic growth and productivity.
Methodology
The data is calculated based on years of schooling and returns to education.
Historical Context
This index is used to inform policy decisions related to human capital investment and workforce development in Morocco.
Key Facts
- Morocco's human capital index was 2.36 in 2017.
- The index has steadily increased over the past two decades.
- Improving human capital is a key priority for Morocco's economic development.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for Morocco measures the level of knowledge, skills, and health embodied in the country's population.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating Morocco's workforce quality and development potential, which are key drivers of economic growth and productivity.
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: This index is used to inform policy decisions related to human capital investment and workforce development in Morocco.
Q: Are there update delays or limitations?
A: The index is updated regularly, but there may be some delays in data availability.
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Citation
U.S. Federal Reserve, Index of Human Capital per Person for Morocco (HCIYISMAA066NRUG), retrieved from FRED.