answersLogoWhite

0

Human development index

User Avatar

Wiki User

14y ago

What else can I help you with?

Continue Learning about Economics

What is a HDI ranking?

HDI stands for Human Development Index.


What is the difference between HDI and GDP?

HDI stand for Human Develop Index and GDP for Gross Domestic Product GDP is the market value of all final goods and services produced with in a country in a given period of time. HDI is a summary measure of development that is published by UNDP United Nations Development program combining data on life expectancy at birth, adult literacy, educational enrollment, and average income (measured as G.D.P. per capita)


How is the development status is a country determined?

The human developing index (hdi)


What is the relationship between gross domestic product (GDP) and the Human Development Index (HDI)?

* It's very difficult for any people or government to achieve gains in all areas of life, so there is a balance between GDP and HDI. * Countries that spend more on factors that improve HDI ratings will most often have GDPs that are somewhat lower than other developed nations. * GDP helps HDI, but there is a point where the pursuit of wealth at all costs will impact HDI.


What is the relationship between gross domestic product (GDP) and the human development index HDI?

* It's very difficult for any people or government to achieve gains in all areas of life, so there is a balance between GDP and HDI. * Countries that spend more on factors that improve HDI ratings will most often have GDPs that are somewhat lower than other developed nations. * GDP helps HDI, but there is a point where the pursuit of wealth at all costs will impact HDI.