Index of Human Capital per Person for Taiwan Province of China
HCIYISTWA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.36
Year-over-Year Change
11.99%
Date Range
1/1/1951 - 1/1/2019
Summary
The Index of Human Capital per Person for Taiwan Province of China measures the level of human capital, which represents the knowledge, skills, and health embodied in the population. This metric is important for economists and policymakers to assess a region's productive capacity and long-term economic 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 is calculated based on years of schooling and returns to education, providing a comprehensive measure of the human capital stock. It is used to evaluate the quality of a region's labor force and inform decisions around workforce development, education, and social policies.
Methodology
The data is calculated by the World Bank using educational attainment and labor market returns.
Historical Context
This metric is widely used by international organizations, governments, and researchers to benchmark economic competitiveness and human development.
Key Facts
- Taiwan's human capital index was 2.36 in 2017.
- The index has steadily increased over the past two decades.
- Human capital is a key driver of Taiwan's high-tech industrial development.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for Taiwan Province of China measures the level of human capital, which represents the knowledge, skills, and health embodied in the population.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to assess a region's productive capacity and long-term economic growth potential.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using educational attainment and labor market returns.
Q: How is this trend used in economic policy?
A: This metric is widely used by international organizations, governments, and researchers to benchmark economic competitiveness and human development.
Q: Are there update delays or limitations?
A: The data is updated periodically by the World Bank, and may be subject to occasional delays or revisions.
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Citation
U.S. Federal Reserve, Index of Human Capital per Person for Taiwan Province of China (HCIYISTWA066NRUG), retrieved from FRED.