The focus of this study is on the growing importance of human capital development in a number of developed, emerging, and developing countries, including Pakistan. The panel data analysis uses traditional approaches to examine observations from 1990 to 2019. The study's main goal was to look at the impact of human capital development and growth on competitiveness. The dependent variable in the model is the global competitiveness index (GCI), with human capital, GDP per capita, GNP per capita, physical capital growth, and inflation as explanatory variables. Although empirical evidence shows that human capital is the most essential asset in every economy, developed or developing, and is closely linked to competitiveness, and making it vital to assess the various policies that affect human capital development among nations and their nexus in order to achieve desired outcomes.