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Morocco is ranked 98th in the world by the Word Bank’s new Human Capital index. Published on Thursday, 11th of October, the 2019 report entitled «The Changing Nature of Work» highlights the lagging performance of the Kingdom.
In the Arab World, the North African Kingdom is positioned way behind Bahrain 47th, United Arab Emirates 49th, Oman 56th, Qatar 60th, Saudi Arabia 73rd, Kuwait 77th, Jordan 79th, Palestine 82nd, and Lebanon 86th. The country heads other Arab nations in the region, including Iraq 129th, and Yemen 145th.
Morocco is, on the other hand, ranked 3rd in North Africa behind Algeria 93rd, Tunisia 96th and ahead of Egypt 104th and Mauritania 150th.
Morocco's human capital performance
According to statistics provided by the World Bank Morocco scored 0.50 points out of 1 in the Human Capital Index of 2019. Girls in the Kingdom benefit from human development more than boys, according to the report which states that the HC for female citizens generated 0.51 points while the other sex had only 0.47 points.
Moreover, expected years of school are
limited to 10.6 years in Morocco while learning-adjusted years of school are above 6 years. The Kingdom scored 367 points in harmonized test, said the World Bank.
For the Fraction of children under 5 and stunted and adult survival rate sub-indexes Morocco had 0.85 and 0.93 points respectively.
According to the new survey, Morocco is one of the countries where «only one out of five workers is in the formal is in the formal sector».
The report was topped by Singapore 1st, Korea 2nd, Japan 3rd, Hong Kong 4th and Finland 5th. Meanwhile, Chad 157th, South Sudan 156th, Niger 155th, Mali 1554th and Liberia 153rd are at the bottom of the Human Capital global ranking.
According to the World Bank, the survey is beneficial for countries as it can «can quantify the contribution of health and education to the productivity and income levels of the next generation and assess how much income they are foregoing because of human capital gaps, and how much faster they can turn these losses into gains if they act now».
