Index of Human Capital per Person for United Republic of Tanzania
HCIYISTZA066NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.72
Year-over-Year Change
9.53%
Date Range
1/1/1960 - 1/1/2019
Summary
The Index of Human Capital per Person for United Republic of Tanzania measures the level of human capital, or productive skills and knowledge, of the Tanzanian population. This metric is important for economists and policymakers to assess the country's 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 human capital index represents the productivity of a worker in Tanzania relative to the benchmark of full health and complete education. It is a composite measure that captures health, education, and other factors that contribute to the knowledge and skills of the labor force.
Methodology
The data is calculated by the World Bank using a range of demographic and educational indicators.
Historical Context
The human capital index is used to inform economic and social development policies in Tanzania.
Key Facts
- Tanzania's human capital index was 0.39 in 2017.
- The index ranges from 0 to 1, with 1 representing the benchmark of full health and complete education.
- Tanzania ranks 126th out of 157 countries on the human capital index.
FAQs
Q: What does this economic trend measure?
A: The Index of Human Capital per Person for United Republic of Tanzania measures the level of human capital, or productive skills and knowledge, of the Tanzanian population.
Q: Why is this trend relevant for users or analysts?
A: The human capital index is an important metric for economists and policymakers to assess Tanzania's long-term economic growth potential and inform development policies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a range of demographic and educational indicators.
Q: How is this trend used in economic policy?
A: The human capital index is used to inform economic and social development policies in Tanzania.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with occasional updates.
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Citation
U.S. Federal Reserve, Index of Human Capital per Person for United Republic of Tanzania (HCIYISTZA066NRUG), retrieved from FRED.