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Standard of living is the level of income, comforts and services available to an individual, community or society. A contributing factor to an individual's quality of life , standard of living is generally concerned with objective metrics outside an individual's personal control, such as economic , societal, political, and environmental matters ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 26 January 2025. World map of countries or territories by Human Development Index scores in increments of 0.050 (based on 2022 data, published in 2024) ≥ 0.950 0.900–0.950 0.850–0.899 0.800–0.849 0.750–0.799 0.700–0.749 0.650–0.699 0.600–0.649 0.550–0.599 0.500–0.549 0.450–0.499 0. ...
The Human Development Index (HDI) is a comparative measure of life expectancy, literacy, education and standards of living for countries worldwide. It is a standard means of measuring well-being, especially child welfare. It is used to distinguish whether the country is a developed, a developing or an under-developed country, and also to ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 30 January 2025. Composite statistic of life expectancy, education, and income indices "HDI" redirects here. For other uses, see HDI (disambiguation). For the complete ranking of countries, see List of countries by Human Development Index. World map of countries and territories by HDI scores in ...
The IHDI, estimated for the world and specific countries, captures the losses in human development due to inequality in health, education and income. Losses in all three dimensions vary across countries, ranging from just a few percent (e.g. Czech Republic and Slovenia) up to over 40% (e.g. Angola and Comoros). Overall loss takes into account ...
Motivated by the fact that economists mainly focus on income per capita in their analyses of standards of living, but that states across the United States differ along many other dimensions, they build a measure of living standards (à la Jones and Klenow 2016 [60]) that accounts for cross-state variations in mortality, consumption, education ...
Its purpose was to assess which country offered the most favorable conditions for a healthy, secure, and prosperous life in the years following its release. [ 1 ] It was based on a method that combines the results of subjective life-satisfaction surveys with the objective determinants of quality of life across countries as well as forecasts for ...
The tool shows countries ranked in a chart where each of the nations is represented by a flower, and each of the topics is a petal, where its size is defined by its score in that area. The tool was designed by Berlin-based agency Raureif in collaboration with Moritz Stefaner and is very user-friendly.