Human Development Index
Human Development Index (HDI) – an index used for the comparative assessment of human development in a country. It summarizes achievements in three basic dimensions of human development: a long and healthy life, access to knowledge, and a decent standard of living.
In calculating the Human Development Index, three types of indicators are taken into account:
- Life expectancy at birth, which assesses longevity;
- Education, measured by the mean years of schooling for adults aged 25 and older and the expected years of schooling for children of school-entering age;
- Standard of living, measured by gross national income per capita in purchasing power parity terms.
The Human Development Index is a composite indicator that makes it possible to compare countries not only by economic indicators, but also by the quality and conditions of human life. It is used to assess differences in health, education, income, and overall human development.
In the contemporary UNDP classification, an HDI value below 0.550 is classified as low human development; from 0.550 to 0.699 as medium human development; from 0.700 to 0.799 as high human development; and 0.800 or higher as very high human development.
Reference:
UNDP. (n.d.). Human Development Index (HDI). Human Development Reports: United Nations Development Programme.
Leave a Reply