Human capital is the stock of knowledge, skills, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic or social value.
It is the sum of assets that can be used by a group, organization or a country to advance its goals.
In October 2018, the World Bank published the Human Capital Index (HCI) as a measurement of economic success. The Index ranks countries according to how much is invested in education and health care for young people. The World Bank's 2019 World Development Report on The Changing Nature of Work showcases the Index and explains its importance given the impact of technology on labor markets and the future of work.
Since 2012 the World Economic Forum has annually published its Global Human Capital Report, which includes the Global Human Capital Index (GHCI). In the 2017 edition, 130 countries are ranked from 0 (worst) to 100 (best) according to the quality of their investments in human capital.