Index of Human Capital per Person for Pakistan
HCIYISPKA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.77
Year-over-Year Change
-1.38%
Date Range
1/1/1950 - 1/1/2019
Summary
The Index of Human Capital per Person for Pakistan measures the level of human capital available in the country. This economic indicator is crucial for understanding a nation's 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, calculated by the World Bank, represents the amount of human capital that a person in Pakistan can expect to attain by age 18, given the country's current education and health outcomes. It is an important measure of a population's productive potential.
Methodology
The data is calculated using educational attainment and health outcomes.
Historical Context
This index is used by policymakers, economists, and international organizations to assess Pakistan's human capital and inform economic and social policies.
Key Facts
- Pakistan's human capital index was 0.39 in 2017.
- The index measures human capital on a scale of 0 to 1.
- Higher human capital is linked to greater economic productivity.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for Pakistan measures the level of human capital available in the country, which represents the amount of human capital that a person can expect to attain by age 18.
Q: Why is this trend relevant for users or analysts?
A: This index is an important measure of a population's productive potential and is used by policymakers, economists, and international organizations to assess Pakistan's human capital and inform economic and social policies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using educational attainment and health outcomes.
Q: How is this trend used in economic policy?
A: This index is used by policymakers, economists, and international organizations to assess Pakistan's human capital and inform economic and social policies aimed at improving education, health, and overall economic development.
Q: Are there update delays or limitations?
A: The data is updated periodically by the World Bank, but there may be delays in the availability of the latest figures.
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Citation
U.S. Federal Reserve, Index of Human Capital per Person for Pakistan (HCIYISPKA066NRUG), retrieved from FRED.