Latest Human Capital Index

IAS Prelims 2023

India was ranked low at 105th position globally on a worldwide Human Capital Index, which measures countries’ ability to nurture, develop and deploy talent for economic growth and was topped by Finland.

The index was released by Geneva-based World Economic Forum (WEF) in Chinese city at its Annual Meeting of New Champions, also known as ‘Summer Davos’ summit.

1 Finland
2 Norway
3 Switzerland
4 Japan
5 Sweden
6 New Zealand
7 Denmark
8 Netherlands
9 Canada
10 Belgium
24 United States
28 Russia
104 Bangladesh
105 India
106 Lao PDR
107 Gabon
108 Nepal
109 Myanmar
129 Yemen
130 Mauritania

Giving India 105th rank out of the total 130 countries included in the index, WEF stated the country has optimised just 57% of its human capital endowment, placing it in the top of the bottom quartile of the Index.

India was ranked 100th last year out of total 124 countries included in the 2015 index.

Countries ranked below India include: Nepal, Myanmar, Haiti, Malawi and Burundi while Mauritania, Yemen, Chad, Nigeria and Mali are placed in the bottom-five with below 50% talent optimisation.