Economic World Overview
GNI per Capita
Total income of residents divided by population; reflects average income and economic health.
Poverty Line
Percentage of population living on less than $1.90/day; indicates poverty levels in a country.
Human Development Index (HDI)
Composite measure assessing health (life expectancy), education (mean & expected years), and standard of living (GNI per capita).
Significance of GNI per Capita
Influences economic policy, investment decisions, and urban planning.
Significance of Poverty Line
Guides social welfare programs and identifies populations in need.
Components of HDI
Health (life expectancy), Education (years of schooling), Standard of Living (GNI per capita).