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Data · Growth & economic structure

Human capital index, based on years of schooling and returns to education; see Human capital in PWT9.: Vietnam, 1970–2023

Latest (2023)
2.744 index points
Source
Groningen Growth and Development Centre
Code
hc
Frequency
Yearly
Download CSV Open at the source

Definition

Human capital index, based on years of schooling and returns to education; see Human capital in PWT9.

What the series shows

The series runs from 1970 to 2023 (54 years of data). It moved from 1.494 to 2.744 index points, a change of 83.7%. The highest value was 2.744 in 2023 and the lowest 1.494 in 1970. The comparison below sets Vietnam against 9 neighbouring economies on the latest available year.

Using it in a thesis

Indicators like this one are typical control or explanatory variables in macro and finance theses: merge the CSV with your other series on the year column, check for missing years before running a regression, and log-transform level variables that grow over time. If you use the series in a panel with other countries, take every country from the same source and vintage so the definitions match. Cite the original publisher, not this site, as shown below.

Values by year

YearValue (index points)
20232.744
20222.696
20212.664
20202.633
20192.602
20182.586
20172.571
20162.553
20152.531
20142.508
20132.486
20122.464
20112.442
20102.421
20092.372
20082.324
20072.277
20062.231
20052.186
20042.141
20032.098
20022.055
20012.013
20001.972
19991.940
19981.908
19971.877
19961.846
19951.816
19941.792
19931.768
19921.745
19911.722
19901.696
19891.712
19881.725
19871.737
19861.750
19851.763
19841.759
19831.754
19821.749
19811.745
19801.740
19791.718
19781.693
19771.665
19761.637
19751.610
19741.586
19731.563
19721.540
19711.517
19701.494

Comparison with other countries

CountryLatest yearValue
Vietnam20232.744
Thailand20232.862
Indonesia20232.345
Malaysia20233.206
Philippines20232.956
Singapore20233.399
Cambodia20232.058
Laos20232.011
Myanmar20231.940
China20232.750

How to cite (APA 7)

Feenstra, R. C., Inklaar, R., & Timmer, M. P.. (2025). Human capital index, based on years of schooling and returns to education; see Human capital in PWT9., Vietnam [Data set]. Penn World Table version 11.0. https://www.rug.nl/ggdc/productivity/pwt/

Licence: Creative Commons Attribution 4.0 International (CC BY 4.0). Retrieved 2026-10-29. The CSV has one row per period with the variable name pwt_hc, ready for Stata, R or SPSS.

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