Human capital per capita in Australia
Australia: Human capital per capita was 407,797 real chained 2019 US$ in 2020. ▲ Rising
Human capital per capita in Australia, 1995–2020
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$, in 1995.
That places Australia 9th out of 151 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Human capital per capita in Australia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 361,083 real chained 2019 US$ | — |
| 1996 | 362,381 real chained 2019 US$ | +0.4% |
| 1997 | 362,550 real chained 2019 US$ | +0.0% |
| 1998 | 366,524 real chained 2019 US$ | +1.1% |
| 1999 | 370,167 real chained 2019 US$ | +1.0% |
| 2000 | 376,252 real chained 2019 US$ | +1.6% |
| 2001 | 374,188 real chained 2019 US$ | -0.5% |
| 2002 | 375,850 real chained 2019 US$ | +0.4% |
| 2003 | 378,351 real chained 2019 US$ | +0.7% |
| 2004 | 379,994 real chained 2019 US$ | +0.4% |
| 2005 | 386,347 real chained 2019 US$ | +1.7% |
| 2006 | 389,290 real chained 2019 US$ | +0.8% |
| 2007 | 392,734 real chained 2019 US$ | +0.9% |
| 2008 | 394,312 real chained 2019 US$ | +0.4% |
| 2009 | 386,885 real chained 2019 US$ | -1.9% |
| 2010 | 388,083 real chained 2019 US$ | +0.3% |
| 2011 | 390,995 real chained 2019 US$ | +0.8% |
| 2012 | 389,811 real chained 2019 US$ | -0.3% |
| 2013 | 387,815 real chained 2019 US$ | -0.5% |
| 2014 | 386,211 real chained 2019 US$ | -0.4% |
| 2015 | 389,484 real chained 2019 US$ | +0.8% |
| 2016 | 391,258 real chained 2019 US$ | +0.5% |
| 2017 | 394,874 real chained 2019 US$ | +0.9% |
| 2018 | 398,945 real chained 2019 US$ | +1.0% |
| 2019 | 402,947 real chained 2019 US$ | +1.0% |
| 2020 | 407,797 real chained 2019 US$ | +1.2% |
Australia compared with similar countries
- Australia's 407,797 real chained 2019 US$ is above the median for high income countries, which is 174,393 real chained 2019 US$, 2.3× the median. (51 countries reporting)
- Australia's 407,797 real chained 2019 US$ is above the median for East Asia & Pacific, which is 35,029 real chained 2019 US$, 11.6× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 364,541 real chained 2019 US$ | 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
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
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 151 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.
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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.