June 28, 2016

Finland tops Human Capital Index again

A youngster tries his hand at a digital drawing board. Finns have been found to take advantage of their human capital potential at all stages of life.
A youngster tries his hand at a digital drawing board. Finns have been found to take advantage of their human capital potential at all stages of life.
Finland Promotion Board / Sakari Piippo

For the second year running, Finland has been named as the best country in the world at maximising and leveraging its human capital potential.

The World Economic Forum’s Human Capital Index assesses the learning and employment outcomes of 130 countries across five age groups.

Finland took the top spot across the 0–14, 15–24 and 25–54 Age Group pillars, and was also ranked in the top 10 for the remaining age groups of 55–64 and 65 and over.

The results indicate that Finland benefits from a well-educated young population with a near-universal basic education survival rate and the highest score for the quality of primary schools. Meanwhile, Finland’s core working population in the 25–54 age group has the highest tertiary educational attainment rate in Western Europe and fourth best overall in the world.

The World Economic Forum’s Executive Opinion Survey also deduced that Finland has the greatest ease of finding skilled employees in the world.

Furthermore, Finns aged 55 and over also possess the third highest attainment rate of tertiary education, highlighting the continuing long-term benefits of past human capital investments.

Elsewhere, Norway, Switzerland, Japan and Sweden rounded out the index’s top five. At the other end of the scale were Chad, Yemen and Mauritania.

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