14 September 2017

Global Human Capital Index: India at 103, Norway Tops

Global Human Capital Index: India at 103, Norway Tops

India has been placed at a low 103 rank, the lowest among BRICS economies, on the World Economic Forum's Global Human Capital Index. The list has been topped by Norway.

The list takes into account "the knowledge and skills people possess that enable them to create value in the global economic system" to measure the 'human capital' rank of a country.  India is ranked lower than its BRICS peers, with Russian Federation placed as high as 16th place, followed by China at 34th, Brazil at 77th and South Africa at 87th place. The report measures total 130 countries.

Top 5 countries in the list are-
  1. Norway
  2. Finland
  3. Switzerland
  4. United States
  5. Denmark.
Important Takeaways from Above News-
  • India was ranked 105th on this list last year (2016).
  • Finland was on the top in 2016 which has pushed by Norway to second place this year.
  • World Economic Forum (WEF) is headquartered in Geneva.
Source- The Times of India

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