The Human Capital Index Calculator helps you assess the economic value of a population's human capital by combining human development and economic capacity.
Learn how to use the Human Capital Index Calculator and its working principles
The Human Capital Index (HCI) is a metric used to assess the economic value of a population's human capital. It combines the Human Development Index (HDI), which measures health, education, and income, with the economic capacity of the population.
The HCI value ranges from 0 to 1. A higher HCI indicates a greater economic value per person, suggesting a more productive and valuable workforce. This index helps policymakers understand the economic impact of investments in education, health, and other human development areas.
Suppose a country has an HDI of 0.8, an economic capacity of $1,000,000,000, and a population of 1,000,000. The HCI would be calculated as:
(0.8 × $1,000,000,000) / 1,000,000 = $800,000
This means the economic value per person is $800,000.