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Human Development Index (HDI)

Definition

HDI is a statistical tool used to measure a country's overall achievement in its social and economic dimensions such as education, life expectancy, and standard living conditions.

Analogy

HDI is like a report card for a country. It doesn't just look at one subject (like GDP does with economy), but it considers multiple subjects (education, health, living conditions) to give an overall grade.

Related terms

Life Expectancy: The average period that a person may expect to live.

Literacy Rate: Percentage of people who can read and write at a specified age.

Gini Coefficient: A measure of inequality in the distribution of income or consumption expenditure within a country.



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© 2024 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.