How is the HDI calculated?

Economics Hdi Questions



80 Short 80 Medium 64 Long Answer Questions Question Index

How is the HDI calculated?

The Human Development Index (HDI) is calculated by taking into account three key dimensions of human development: life expectancy at birth, education level (measured by mean years of schooling and expected years of schooling), and income per capita. These dimensions are combined using a formula that assigns equal weights to each dimension, resulting in a score ranging from 0 to 1. A higher HDI value indicates a higher level of human development.