Australia - Human capital index

Human capital index (HCI) (scale 0-1)

Definition: The HCI calculates the contributions of health and education to worker productivity. The final index score ranges from zero to one and measures the productivity as a future worker of child born today relative to the benchmark of full health and complete education.

Source: World Bank staff calculations based on the methodology described in World Bank (2018). https://openknowledge.worldbank.org/handle/10986/30498

See also:

Year Value
2010 0.755
2017 0.803
2018 0.781
2020 0.770

Human capital index (HCI), female (scale 0-1)

Definition: The HCI calculates the contributions of health and education to worker productivity. The final index score ranges from zero to one and measures the productivity as a future worker of child born today relative to the benchmark of full health and complete education.

Source: World Bank staff calculations based on the methodology described in World Bank (2018). https://openknowledge.worldbank.org/handle/10986/30498

See also:

Year Value
2010 0.771
2017 0.805
2018 0.795
2020 0.784

Human capital index (HCI), lower bound (scale 0-1)

Definition: The HCI lower bound reflects uncertainty in the measurement of the components and the overall index. It is obtained by recalculating the HCI using estimates of the lower bounds of each of the components of the HCI. The range between the upper and lower bound is the uncertainty interval. While the uncertainty intervals constructed here do not have a rigorous statistical interpretation, a rule of thumb is that if for two countries they overlap substantially, the differences between their HCI values are not likely to be practically meaningful.

Source: World Bank staff calculations based on the methodology described in World Bank (2018). https://openknowledge.worldbank.org/handle/10986/30498

See also:

Year Value
2010 0.748
2017 0.793
2018 0.772
2020 0.762

Human capital index (HCI), female, lower bound (scale 0-1)

Definition: The HCI lower bound reflects uncertainty in the measurement of the components and the overall index. It is obtained by recalculating the HCI using estimates of the lower bounds of each of the components of the HCI. The range between the upper and lower bound is the uncertainty interval. While the uncertainty intervals constructed here do not have a rigorous statistical interpretation, a rule of thumb is that if for two countries they overlap substantially, the differences between their HCI values are not likely to be practically meaningful.

Source: World Bank staff calculations based on the methodology described in World Bank (2018). https://openknowledge.worldbank.org/handle/10986/30498

See also:

Year Value
2010 0.764
2017 0.796
2018 0.785
2020 0.775

Human capital index (HCI), male, lower bound (scale 0-1)

Definition: The HCI lower bound reflects uncertainty in the measurement of the components and the overall index. It is obtained by recalculating the HCI using estimates of the lower bounds of each of the components of the HCI. The range between the upper and lower bound is the uncertainty interval. While the uncertainty intervals constructed here do not have a rigorous statistical interpretation, a rule of thumb is that if for two countries they overlap substantially, the differences between their HCI values are not likely to be practically meaningful.

Source: World Bank staff calculations based on the methodology described in World Bank (2018). https://openknowledge.worldbank.org/handle/10986/30498

See also:

Year Value
2010 0.731
2017 0.768
2018 0.755
2020 0.746

Human capital index (HCI), male (scale 0-1)

Definition: The HCI calculates the contributions of health and education to worker productivity. The final index score ranges from zero to one and measures the productivity as a future worker of child born today relative to the benchmark of full health and complete education.

Source: World Bank staff calculations based on the methodology described in World Bank (2018). https://openknowledge.worldbank.org/handle/10986/30498

See also:

Year Value
2010 0.739
2017 0.779
2018 0.767
2020 0.757

Human capital index (HCI), upper bound (scale 0-1)

Definition: The HCI upper bound reflects uncertainty in the measurement of the components and the overall index. It is obtained by recalculating the HCI using estimates of the upper bounds of each of the components of the HCI. The range between the upper and lower bound is the uncertainty interval. While the uncertainty intervals constructed here do not have a rigorous statistical interpretation, a rule of thumb is that if for two countries they overlap substantially, the differences between their HCI values are not likely to be practically meaningful.

Source: World Bank staff calculations based on the methodology described in World Bank (2018). https://openknowledge.worldbank.org/handle/10986/30498

See also:

Year Value
2010 0.762
2017 0.813
2018 0.790
2020 0.778

Human capital index (HCI), female, upper bound (scale 0-1)

Definition: The HCI upper bound reflects uncertainty in the measurement of the components and the overall index. It is obtained by recalculating the HCI using estimates of the upper bounds of each of the components of the HCI. The range between the upper and lower bound is the uncertainty interval. While the uncertainty intervals constructed here do not have a rigorous statistical interpretation, a rule of thumb is that if for two countries they overlap substantially, the differences between their HCI values are not likely to be practically meaningful.

Source: World Bank staff calculations based on the methodology described in World Bank (2018). https://openknowledge.worldbank.org/handle/10986/30498

See also:

Year Value
2010 0.779
2017 0.815
2018 0.806
2020 0.793

Human capital index (HCI), male, upper bound (scale 0-1)

Definition: The HCI upper bound reflects uncertainty in the measurement of the components and the overall index. It is obtained by recalculating the HCI using estimates of the upper bounds of each of the components of the HCI. The range between the upper and lower bound is the uncertainty interval. While the uncertainty intervals constructed here do not have a rigorous statistical interpretation, a rule of thumb is that if for two countries they overlap substantially, the differences between their HCI values are not likely to be practically meaningful.

Source: World Bank staff calculations based on the methodology described in World Bank (2018). https://openknowledge.worldbank.org/handle/10986/30498

See also:

Year Value
2010 0.746
2017 0.789
2018 0.779
2020 0.768

Classification

Topic: Public Sector Indicators

Sub-Topic: Policy & institutions