Human capital composite index in Iceland

Iceland: Human capital composite index was 0.3789 standard deviations from the yearly mean in 2023. β–Ό Falling

Latest (2023)
0.3789 standard deviations from the yearly mean
Change on year
down 54.1%
World rank
70th
of 202 countries
All-time high
1.36 standard deviations from the yearly mean
in 1998
All-time low
0.3789 standard deviations from the yearly mean
in 2023
Years of data
50
1971–2023

Human capital composite index in Iceland, 1971–2023

0.40.60.811.21.4197119972023

Source: Statizoid (derived). Measured in standard deviations from the yearly mean.

Analysis

The most recent figure for human capital composite index in Iceland is 0.3789 standard deviations from the yearly mean, measured in 2023. That is the lowest value across all 50 years on record.

Compared with earlier readings it is down 54.1% on the previous year and down 61.7% over ten years.

Over the whole period, human capital composite index in Iceland peaked at 1.36 standard deviations from the yearly mean in 1998 and was at its lowest, 0.3789 standard deviations from the yearly mean, in 2023.

Iceland ranks 70th of 202 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 50 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.2 standard deviations from the yearly mean 1.09 standard deviations from the yearly mean 1.29 standard deviations from the yearly mean 7
1980s 1.09 standard deviations from the yearly mean 0.9838 standard deviations from the yearly mean 1.21 standard deviations from the yearly mean 10
1990s 0.953 standard deviations from the yearly mean 0.7131 standard deviations from the yearly mean 1.36 standard deviations from the yearly mean 9
2000s 0.9079 standard deviations from the yearly mean 0.6752 standard deviations from the yearly mean 1.05 standard deviations from the yearly mean 10
2010s 0.9232 standard deviations from the yearly mean 0.756 standard deviations from the yearly mean 1.03 standard deviations from the yearly mean 10
2020s 0.754 standard deviations from the yearly mean 0.3789 standard deviations from the yearly mean 0.9465 standard deviations from the yearly mean 4

Countries ranked near Iceland

  1. 67 Mozambique 0.3954 standard deviations from the yearly mean compare
  2. 68 Luxembourg 0.3904 standard deviations from the yearly mean compare
  3. 69 Montenegro 0.3897 standard deviations from the yearly mean compare
  4. 71 Solomon Islands 0.3733 standard deviations from the yearly mean compare
  5. 72 Bahrain 0.3693 standard deviations from the yearly mean compare
  6. 73 Lithuania 0.3686 standard deviations from the yearly mean compare

See the full ranking of 247 places β†’

More education data for Iceland

All data for Iceland β†’

Frequently asked questions

What is human capital composite index in Iceland?
Human capital composite index in Iceland was 0.3789 standard deviations from the yearly mean in 2023, according to Statizoid (derived).
What is the highest human capital composite index recorded in Iceland?
The highest recorded value was 1.36 standard deviations from the yearly mean in 1998.
What is the lowest human capital composite index recorded in Iceland?
The lowest recorded value was 0.3789 standard deviations from the yearly mean in 2023.
How does Iceland rank for human capital composite index?
Iceland ranks 70th out of 202 countries with data for 2023.
Is human capital composite index rising or falling in Iceland?
Over the last ten years it is down 61.7%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Human capital composite index. Statizoid updates them automatically from the source API.

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Human capital composite index in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 17 August 2026, from https://education.statizoid.com/stat/human-capital-composite-index/iceland/

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<a href="https://education.statizoid.com/stat/human-capital-composite-index/iceland/">Human capital composite index in Iceland</a> β€” Statizoid

How this figure is calculated

An equal-weighted index of 4 indicators: Literacy rate, adult total; School enrollment, primary; School enrollment, secondary; Government expenditure on education, total. Each is standardised against that year's spread across all reporting countries before averaging, so a score of 0 is the average country and +1 is one standard deviation above it.

Equal-weighted mean of the standardised inputs below.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Human capital composite index
Unit
standard deviations from the yearly mean
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
247 places, 8,876 data points, 1970–2024
Last refreshed

An equal-weighted index of 4 indicators: Literacy rate, adult total; School enrollment, primary; School enrollment, secondary; Government expenditure on education, total. Each is standardised against that year's spread across all reporting countries before averaging, so a score of 0 is the average country and +1 is one standard deviation above it.