Singapore heads the World Bank’s chart for investment in human capital, following by South Korea and Japan. These three countries invest most in their population and have the prospect of deriving the greatest economic dividend from this intangible wealth.
The World Bank publishes a new human capital index, ranking 157 countries based on the productivity of their future workers.
The ranking is based on data on the level of education, life expectancy at birth and access to healthcare.
The aim is to show to what extent these areas and their investments affect the productivity of people, and hence the economic growth and welfare of the countries.
Developed countries form the top of the ranking. France is in 22nd place, two positions before the United States.
At the bottom of the list are the countries of Africa, where civil wars are still raging and human rights are being violated on a daily basis. India, which is a major emerging market power, ranks only 115th. And Sri Lanka is ranked alongside rich Saudi Arabia in the middle of the list.