What is the Human Development Index (HDI)?

Economic Development Indices Questions



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What is the Human Development Index (HDI)?

The Human Development Index (HDI) is a composite measure used to assess and compare the overall development of countries. It takes into account three key dimensions of human development: a long and healthy life (measured by life expectancy at birth), access to knowledge (measured by mean years of schooling and expected years of schooling), and a decent standard of living (measured by gross national income per capita). The HDI provides a summary measure of a country's average achievements in these areas and is widely used to rank countries and monitor progress in human development over time.