Question

which one according to you is better indicator of countries development?
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Answer 1

The HDI criteria are designed to be broad enough to be inclusive of countries' social, political and economic diversity while being indicative of a country's quality of life. With the exceptions of 2007 and 2008, Norway has topped the HDI chart in every year since 2001

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Answer 2

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Every year UNDP ranks countries based on the HDI report released in their annual report. HDI is one of the best tools to keep track of the level of development of a country, as it combines all major social and economic indicators that are responsible for economic development.