The founders of the theory of human capital were A. Smith, V, Petti, K. Mark and other economics classics. The concept of "human capital" was developed by scholars such as G. Bekker, J. Kendrick, A. Marshall and others. As the paradigm of societal development changed, the view of scientists regarding investment, valuation of human capital and accumulation changed. A number of scientists have sought and continue to determine the relationship between human capital and its impact on the economic development of a country or region. Scientists pay a lot of attention to the problem of human capital development, as well as methods of its evaluation. At the same time, the existing methods do not fully yield results due to the versatile nature of the object under study. Within the chosen theme, it is essential to develop approaches and criteria for evaluating the selected object so that they reflect the positive aspects, efficiency and negative consequences of development. It would also provide an opportunity to evaluate the effectiveness of possible changes. The aim of the study is to develop a system of indicators that would allow understanding the regularities that determine and influence the development of a region's or a country's human capacity and its influence on state development, to forecast development opportunities and the resources needed for it. The data are obtained from international and Latvian research, statistical data, state and local government reference documents, which will ensure interdisciplinary approach to the research of the selected issue.