Finland ranks top in Human Capital Index 2015

Finland was ranked the first place in the World Economic Forum's Human Capital Index 2015, reported Finnish daily Helsingin Sanomat on Thursday.

The index has 46 indicators, including education participation, quality of education and training opportunities, as well as employment and skills, in order to measure a country's ability to develop the quality of its human capital.

Finland achieved the highest score in quality of primary schools and the second best in basic education survival rate. The country also took top position on the Under 15 and 25-54 Age Group pillars and scored in the top 10 for the remaining age groups.

"Finland is the best-performing country in the world when it comes to building and leveraging its human capital potential," commented the World Economic Forum in its recent published report, adding that the country benefits from a well-educated young population.

Therefore, Finland was placed the best in the Human Capital Index 2015, followed by Norway, Switzerland, Canada and Japan. The Unite States was ranked the 17th place, Russia the 26th and China the 64th.

A total of 124 countries around the world participated in this year's ranking.

The first Human Capital Index was made by the World Economic Forum in 2013, and then Finland was ranked the second place after Switzerland.