A country with high average income might still have significant disparities in health or education that the index averages out. It allows for a more balanced assessment of progress, highlighting countries that succeed in translating economic growth into improvements in human well-being.
The Essential Role of Health in the Human Development Index
The index normalizes each dimension's indicators on a scale from 0 to 1, creating a value between 0 and 1 for each country. Knowledge and Education The second dimension addresses education, capturing both the attainment and expected years of schooling.
The combination of these factors offers a more complete picture of development. These pillars move beyond gross domestic product to assess the actual quality of life experienced by individuals within a country.
The Role of Health in the Human Development Index
These values are then aggregated using a geometric mean to calculate the final score. Standard of Living The final dimension is income and standard of living, measured by Gross National Income (GNI) per capita.
More About What is a human development index
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