What are the three methods of measuring the development of countries
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Therefore, the United Nations Development Program (UNDP) computes a Human Development Index for each country each year. The human development index (HDI), composed of three indicators: life expectancy, education (adult literacy and combined secondary and tertiary school enrollment) and real GDP per capita.
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GDP....
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- We can use either GDP (Gross Domestic Product) which is the sum total of the values of all the products and services within a country during a specific period of time.
- Another method can be Per Capita Income.
- HDI Ranking is another method of measuring the development of countries
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