Human capital index (HCI), lower bound (scale 0-1) - South America

Definition: The HCI lower bound reflects uncertainty in the measurement of the components and the overall index. It is obtained by recalculating the HCI using estimates of the lower bounds of each of the components of the HCI. The range between the upper and lower bound is the uncertainty interval. While the uncertainty intervals constructed here do not have a rigorous statistical interpretation, a rule of thumb is that if for two countries they overlap substantially, the differences between their HCI values are not likely to be practically meaningful.

Description: The map below shows how Human capital index (HCI), lower bound (scale 0-1) varies by country in South America. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the region is Chile, with a value of 0.64. The country with the lowest value in the region is Guyana, with a value of 0.48.

Source: World Bank staff calculations based on the methodology described in World Bank (2018). https://openknowledge.worldbank.org/handle/10986/30498

See also: Country ranking, Time series comparison

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