Fin Min: World Bank HC Index shows Serbia best in region

Izvor: N1 televizija, 12.Okt.2018, 12:54   (ažurirano 02.Apr.2020.)

Fin Min: World Bank HC Index shows Serbia best in region

Serbia’s Finance Minister Sinisa Mali said on Friday that his country scored the best regional result measured by the World Bank’s Human Capital Index (HCI), the Beta news agency reported.

Mali added that the index showed Serbia above many developed countries as well.

“Serbia is ranked 27th out of 157 countries on this World Bank’s list, and its score is better than those of China, Russia, Spain,” Mali said.

He added his country was just one place >> Pročitaj celu vest na sajtu N1 televizija << behind Belgium and a few behind the US.

The HCI measures countries’ ability to maximise and leverage their human capital endowment. The index assesses Learning and Employment outcomes across five distinct age groups, on a scale from 0, as the worst to 100 as the best.

The Index uses survival rates and stunting rate instead of life expectancy as the measure of health, and quality-adjusted learning instead of merely years of schooling as a measure of education.

According to the Index, 99 out of 100 children born in Serbia will survive to five years of age, while it is expected that those who start pre-school learning at the age of four will have 13.4 years of education by their 18th birthday.

The World Bank also calculated that children born in Serbia today would reach their full potential at the age of 18.

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