Australia vs India: Human capital
Australia
10.46 trillion real chained 2019 US$
in 2020
India
13.41 trillion real chained 2019 US$
in 2020
Australia rank
10th
India rank
8th
Human capital over time
- Australia
- India
How they compare
India currently reports 13.41 trillion real chained 2019 US$ against 10.46 trillion real chained 2019 US$ in Australia, a difference of 2.96 trillion real chained 2019 US$.
That makes India's figure about 1.3 times Australia's.
Across all 26 years both countries report, India has been ahead every year.
Australia ranks 10th and India ranks 8th of 150 countries.
India has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | India | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.71 trillion real chained 2019 US$ | 7.53 trillion real chained 2019 US$ | 818.74 billion real chained 2019 US$ | India |
| 2000s | 7.74 trillion real chained 2019 US$ | 9.73 trillion real chained 2019 US$ | 1.98 trillion real chained 2019 US$ | India |
| 2010s | 9.28 trillion real chained 2019 US$ | 12.41 trillion real chained 2019 US$ | 3.13 trillion real chained 2019 US$ | India |
| 2020s | 10.46 trillion real chained 2019 US$ | 13.41 trillion real chained 2019 US$ | 2.96 trillion real chained 2019 US$ | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher human capital, Australia or India?
- India, at 13.41 trillion real chained 2019 US$ against 10.46 trillion real chained 2019 US$ in Australia as of 2020.
- What is the difference in human capital between Australia and India?
- 2.96 trillion real chained 2019 US$, with India ahead.
- How many years of comparable data are there for Australia and India?
- 26 years are reported by both, from 1995 to 2020.
- How do Australia and India rank globally for human capital?
- Australia ranks 10th and India ranks 8th of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Human capital (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.