what is HDI? How is it calculated?
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Answer:
The HDI is a measurement system used by the United Nations to evaluate the level of individual human development in each country. The HDI uses components such as average annual income and educational expectations to rank and compare countries.
The HDI is calculated as the geometric mean (equally-weighted) of life expectancy, education, and GNI per capita, as follows: The education dimension is the arithmetic mean of the two education indices (mean years of schooling and expected years of schooling).
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Answer:
The HDI is a measurement system used by the United Nations to evaluate the level of individual human development in each country. The HDI uses components such as average annual income and educational expectations to rank and compare countries.
Its components – health, education, and income - are intended to capture the essential dimensions of the quality of human life or human development.
Human Development Indicators, published annually by the United Nations Development Programme (UNDP), provide broad measures of well-being worldwide. There are three data dimensions: life expectancy, education, and purchasing power parity.
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