Human capital per capita in Australia

Australia: Human capital per capita was 407,797 real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
407,797 real chained 2019 US$
Change on year
up 1.2%
World rank
9th
of 150 countries
All-time high
407,797 real chained 2019 US$
in 2020
All-time low
361,083 real chained 2019 US$
in 1995
Years of data
26
1995–2020

Human capital per capita in Australia, 1995–2020

0100.0k200.0k300.0k400.0k1995200720201995: 361.1k real chained 2019 US$1996: 362.4k real chained 2019 US$1997: 362.6k real chained 2019 US$1998: 366.5k real chained 2019 US$1999: 370.2k real chained 2019 US$2000: 376.3k real chained 2019 US$2001: 374.2k real chained 2019 US$2002: 375.9k real chained 2019 US$2003: 378.4k real chained 2019 US$2004: 380.0k real chained 2019 US$2005: 386.3k real chained 2019 US$2006: 389.3k real chained 2019 US$2007: 392.7k real chained 2019 US$2008: 394.3k real chained 2019 US$2009: 386.9k real chained 2019 US$2010: 388.1k real chained 2019 US$2011: 391.0k real chained 2019 US$2012: 389.8k real chained 2019 US$2013: 387.8k real chained 2019 US$2014: 386.2k real chained 2019 US$2015: 389.5k real chained 2019 US$2016: 391.3k real chained 2019 US$2017: 394.9k real chained 2019 US$2018: 398.9k real chained 2019 US$2019: 402.9k real chained 2019 US$2020: 407.8k real chained 2019 US$

Source: 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. Measured in real chained 2019 US$.

Analysis

The most recent figure for human capital per capita in Australia is 407,797 real chained 2019 US$, measured in 2020. That is the highest value across all 26 years on record.

Compared with earlier readings it is up 1.2% on the previous year and up 5.1% over ten years.

Over the whole period, human capital per capita in Australia peaked at 407,797 real chained 2019 US$ in 2020 and was at its lowest, 361,083 real chained 2019 US$, in 1995.

That places Australia 9th out of 150 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 364,541 real chained 2019 US$ 361,083 real chained 2019 US$ 370,167 real chained 2019 US$ 5
2000s 383,420 real chained 2019 US$ 374,188 real chained 2019 US$ 394,312 real chained 2019 US$ 10
2010s 392,042 real chained 2019 US$ 386,211 real chained 2019 US$ 402,947 real chained 2019 US$ 10
2020s 407,797 real chained 2019 US$ 407,797 real chained 2019 US$ 407,797 real chained 2019 US$ 1

Countries ranked near Australia

  1. 6 Denmark 485,658 real chained 2019 US$ compare
  2. 7 Netherlands 432,823 real chained 2019 US$ compare
  3. 8 Singapore 431,983 real chained 2019 US$ compare
  4. 10 Ireland 371,230 real chained 2019 US$ compare
  5. 11 Sweden 368,852 real chained 2019 US$ compare
  6. 12 Germany 360,923 real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is human capital per capita in Australia?
Human capital per capita in Australia was 407,797 real chained 2019 US$ in 2020, according to 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.
What is the highest human capital per capita recorded in Australia?
The highest recorded value was 407,797 real chained 2019 US$ in 2020.
What is the lowest human capital per capita recorded in Australia?
The lowest recorded value was 361,083 real chained 2019 US$ in 1995.
How does Australia rank for human capital per capita?
Australia ranks 9th out of 150 countries with data for 2020.
Is human capital per capita rising or falling in Australia?
Over the last ten years it is up 5.1%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures 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 part of Human capital per capita (real chained 2019 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Human capital per capita (real chained 2019 US$)
Unit
real chained 2019 US$
Source
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

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.