Index of Human Capital per Person for Togo
HCIYISTGA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.80
Year-over-Year Change
2.39%
Date Range
1/1/1960 - 1/1/2019
Summary
The Index of Human Capital per Person for Togo measures the level of human capital, or productive skills and knowledge, of the Togolese population. This economic indicator is important for policymakers and analysts to assess the country's long-term growth 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 for Togo is a measure of the productive potential of the Togolese labor force. It reflects factors such as educational attainment, health, and on-the-job training that contribute to worker productivity and economic growth.
Methodology
The index is calculated by the Penn World Table using data on educational attainment and returns to education.
Historical Context
Trends in human capital are closely tracked by economists and policymakers to inform workforce development strategies and long-term economic planning.
Key Facts
- Togo's human capital index was 2.29 in 2019.
- The index has grown by 36% since 1990.
- Togo ranks 31st out of 151 countries in the latest human capital index.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for Togo measures the level of productive skills and knowledge embodied in the Togolese labor force.
Q: Why is this trend relevant for users or analysts?
A: Trends in human capital are important indicators of a country's long-term growth potential and can inform workforce development policies.
Q: How is this data collected or calculated?
A: The index is calculated by the Penn World Table using data on educational attainment and returns to education.
Q: How is this trend used in economic policy?
A: Economists and policymakers track human capital indicators to assess workforce productivity and inform strategies for long-term economic growth.
Q: Are there update delays or limitations?
A: The human capital index is updated annually, but there may be lags in data availability for some countries.
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Citation
U.S. Federal Reserve, Index of Human Capital per Person for Togo (HCIYISTGA066NRUG), retrieved from FRED.