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Summary

The Human Development Index (HDI) is a summary measure of achievements in three key dimensions of human development: a long and healthy life, access to knowledge, and a decent standard of living. The HDI is calculated using the geometric mean of normalized indices for each dimension, with data sources including UNDESA, UNESCO, and the World Bank. The calculation involves two steps: creating dimension indices by transforming indicators into indices between 0 and 1 using minimum and maximum values, and aggregating the dimensional indices using the geometric mean. The minimum and maximum values are set at 20 and 85 years for life expectancy, 0 and 18 years for expected years of schooling, 0 and 15 years for mean years of schooling, and $100 and $75,000 for GNI per capita. The HDI is then calculated as the geometric mean of the health, education, and income indices.

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Description

The Human Development Index (HDI) is a summary measure of achievements in three key dimensions of human development: a long and healthy life, access to...

Technical Information

  • File Format: PDF
  • File Size: 439 KB
  • Pages: 19
  • Language: EN
  • Total Downloads: 52
  • Last Updated: 3 months ago

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