What indexes are used for calculating HDI? Make their list
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The Human Development Index (HDI) is a composite statistics of life expectancy, education, and income indices to rank countries into four tiers of human development. It was created by economist Mahbub-ul-Haq, followed by economist Amartya Sen in 1990, and published by the United Nations Development Programme (UNDP).
In its 2010 Human Development Report, the UNDP began using a new method of calculating the HDI. The following three indices are used:
1. Life Expectancy Index
2. Education Index: It includes
a. Mean Years of Schooling Index
b. Expected Years of Schooling Index
3. Income Index
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- Life Expectancy Index =
- Education Index =Adult Literacy Index (ALI ) = Gross Entrainment Index (GEI)
- GDP
Explanation:
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