Human capital in Australia
Australia: Human capital was 10.46 trillion real chained 2019 US$ in 2020. ▲ Rising
Human capital 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$.
Analysis
The most recent figure for human capital in Australia is 10.46 trillion real chained 2019 US$, measured in 2020. That is the highest value across all 26 years on record.
That represents a change of up 2.5% on the previous year and up 22.3% over ten years.
Over the whole period, human capital in Australia peaked at 10.46 trillion real chained 2019 US$ in 2020 and was at its lowest, 6.50 trillion real chained 2019 US$, in 1995.
That places Australia 10th out of 150 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.71 trillion real chained 2019 US$ | 6.50 trillion real chained 2019 US$ | 6.96 trillion real chained 2019 US$ | 5 |
| 2000s | 7.74 trillion real chained 2019 US$ | 7.16 trillion real chained 2019 US$ | 8.39 trillion real chained 2019 US$ | 10 |
| 2010s | 9.28 trillion real chained 2019 US$ | 8.55 trillion real chained 2019 US$ | 10.21 trillion real chained 2019 US$ | 10 |
| 2020s | 10.46 trillion real chained 2019 US$ | 10.46 trillion real chained 2019 US$ | 10.46 trillion real chained 2019 US$ | 1 |
Countries ranked near Australia
- 7 Brazil 13.63 trillion real chained 2019 US$ compare
- 8 India 13.41 trillion real chained 2019 US$ compare
- 9 Canada 13.36 trillion real chained 2019 US$ compare
- 11 Italy 9.93 trillion real chained 2019 US$ compare
- 12 South Korea 9.04 trillion real chained 2019 US$ compare
- 13 Russia 8.27 trillion real chained 2019 US$ compare
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 in Australia?
- Human capital in Australia was 10.46 trillion 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 recorded in Australia?
- The highest recorded value was 10.46 trillion real chained 2019 US$ in 2020.
- What is the lowest human capital recorded in Australia?
- The lowest recorded value was 6.50 trillion real chained 2019 US$ in 1995.
- How does Australia rank for human capital?
- Australia ranks 10th out of 150 countries with data for 2020.
- Is human capital rising or falling in Australia?
- Over the last ten years it is up 22.3%. 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 (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
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.