The Human Development Index (HDI) is a global metric developed by the United Nations Development Programme (UNDP) to evaluate the overall social and economic development of a country. It focuses on three key dimensions that contribute to human development.
Three Core Dimensions of HDI:
1) Health (Life Expectancy at Birth):
• Measures average life expectancy, indicating the overall health and well-being of the population.
2) Education (Mean & Expected Years of Schooling):
• Mean Years of Schooling: The average number of years a person aged 25 years or older has spent in school.
• Expected Years of Schooling: The total years a child entering school is expected to complete.
3) Standard of Living (Gross National Income per Capita):
• Assesses economic prosperity by calculating the Gross National Income (GNI) per capita, adjusted for purchasing power parity (PPP).
Study Notes
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