Iran's Rank in Human Capital Index is 104th in the World

The annual report of the World Economic Forum on human capital has ranked Norway, Finland, and Switzerland at the top of the evaluation table among 130 countries. In this assessment, Iran's status in terms of human capital is calculated to be 104th. The annual report also notes that Iran, with a population of over 80 million, has a GDP per capita of $16,000, an average age close to 30 years, a healthy life expectancy of 66 years, a working-age population of 57 million, a labor force participation rate of 38%, an unemployment rate of 11%, a 34% rate of youth not in employment, education, or training, and a productivity of $54,000 per worker. The World Economic Forum's 2017 report examined the status of 130 countries across four key areas of human capital development: 1) Capacity, primarily determined by past investments in formal education. 2) Employment, application, and acquisition of skills through work. 3) Development, formal education of the next generation of the workforce, and the continuous upgrading and renewal of existing workers' skills. 4) Proficiency, breadth, and depth of the application of specific skills in work. Countries' performance was also evaluated across five distinct age groups. In this report, Iran's human capital is ranked 76th in terms of capacity, 128th in terms of establishment and utilization, 54th in terms of development, 101st in terms of proficiency, and overall, it is calculated that Iran utilizes nearly 55% of its human capital, placing it at 104th. The areas of employment and proficiency of Iran's human capital are evaluated as having the lowest ranks. The annual report lists Norway, Finland, Switzerland, the USA, Denmark, Germany, New Zealand, Sweden, Slovenia, and Austria as the top ten countries in terms of human capital. Among the fourteen countries that utilize less than fifty percent of their human capital, Mali, Ethiopia, Senegal, Mauritania, and Yemen rank from 126th to 130th at the bottom of the table. According to the World Economic Forum's Human Capital Index report, 62% of human capital is now globally created. The report adds that only 25 countries utilize 70% or more of their people's human capital. The 2017 report specifies that the majority of countries utilize between 50% to 70% of their human capital.