why does norway have higher hdi than india when its gross national income is much lower than india
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Norway ranks highly on the HDI in part because of the revenues that it receives from North Sea oil and gas, but even with that revenue, Norway's inequality-adjusted life expectancy is not the highest in the world. What's more, on our measure, Niger no longer is last.0.957
2.1- Norway's HDI value and rank
Norway's HDI value for 2019 is 0.957— which put the country in the very high human development category—positioning it at 1 out of 189 countries and territories. Between 1990 and 2019, Norway's HDI value increased from 0.849 to 0.957, an increase of 12.7 percent.The country's unsatisfactory ranking can be due to various reasons such as inequality, inadequate medical and education services, population explosion. However, one of the biggest contributors to India's low HDI is unemploymentRich Economy: It is actually known for being the place with the highest living standards, and its rich economy is one of the major reasons. It is fueled by oil and gas exports which not only makes it extremely efficient and stable, but also helps it to be one of the richest countries for many many more years to comeOSLO (Reuters) - Everyone in Norway became a theoretical crown millionaire on Wednesday in a milestone for the world's biggest sovereign wealth fund that has ballooned thanks to high oil and gas prices. Norway is the world's number seven oil exporter. ...131 out of 189
India's HDI value for 2019 is 0.645 which put it in the medium human development category. India has been positioned at 131 out of 189 countries and territories, according to the report. India had ranked 130 in 2018 in the index.Calculation of the index combines four major indicators: life expectancy for health, expected years of schooling, mean of years of schooling for education and Gross National Income per capita for standard of living. Every year UNDP ranks countries based on the HDI report released in their annual report.131
Human Development Report 2020: Out of 189 countries, India has ranked 131 on the Human Development Index 2020 prepared by the United Nations Development Programme (UNDP).PQLI and HDI are the two most popular measures of development, besides per capita income. ... While PQLI considers only the physical variables--adult literacy, life expectancy at birth and infant survival rate, HDI has life expectancy at birth, educational attainment and real GDP per capita (PPP
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