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Dhaka Tribune

Bangladesh ranked 99th in global Human Capital Index 2015

Update : 16 May 2015, 06:54 PM

Bangladesh has been ranked 99th among 124 countries in the global Human Capital Index 2015 based on development and deployment of human capital, which is higher compared to its neighboring country India, Nepal, Myanmar and Pakistan.

Finland topped the ranking of the Human Capital Index in 2015, scoring 86% of its human capital, followed by Norway, Switzerland, Canada and Japan.

Sweden, Denmark, the Netherlands, New Zealand and Belgium also seized the places in the top 10 list. Bangladesh scored 57.62 out of 100.

The World Economic Forum (WEF) released the Human Capital Report 2015 in Geneva, Switzerland on Thursday. 

The WEF prepared the report in collaboration with Mercer, an American global human resource and related financial services consulting firm.

The report elaborates the status of different countries across the world on the Human Capital Index and provides key inputs for policy makers to augment capacities of human capital in 124 countries it has surveyed.

In the index, WEF highlighted Bangladesh’s scarcity of skilled employees, poor ability to nurture talent through educating, training and employing its people.

“Talent, not capital, will be the key factor linking innovation, competitiveness and growth in the 21st century,” said WEF Executive Chairman Klaus Schwab releasing the report at a news conference in Cologny, near Geneva, Switzerland.

Bangladesh has also ranked lower than its BRICS peers, Russia (26), China (64), Brazil (78), South Africa (92) and smaller neighbours like Sri Lanka (60) and Bhutan (87) but higher than India (100) and Pakistan (113).

The countries are ranked on the basis of 46 indicators that track “how well countries are developing and deploying their human capital focusing on education, skills and employment”. 

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