Economic indicators

Economic development

Development focused on economic wealth, human capital, infrastructure, regional competitiveness, and environmental sustainability.

Social development

Improvement in education, standard of living, gender equality, access to basic services, disease control, and empowerment of marginalized groups.

Sustainable development

Development that meets the needs of the present without compromising the abilities of future generations to meet their own needs.

GDP

The total value of goods and services produced in a country in a given year.

GDP per capita

The total value of goods and services produced in a country divided by its total population in a given year, calculated as \frac{GDP}{Population}.

Per capita income

The average income earned per person per year in a given country.

GNP

The total value of goods and services produced within a country in a given year by its permanent inhabitants.

GNP per capita

The total GNP divided by the number of people in a country, calculated as \frac{GNP}{Population}.

GINI-coefficient

An index that measures the level of income inequality between rich and poor within or between countries.

Human Development Index (HDI)

An index that measures the standard of living, combining life expectancy, level of education, and GDP per capita; it ranges from 0 (worst) to 1 (best).

Life expectancy

The average number of years a person is expected to live.

Infant mortality

The number of deaths of infants less than 1 year old per 1,000 live