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Gross Domestic Product
Useful: Shows size of economy, Can be compared to other countries, easy to use numerical date
Limitations: Dosent show distribution, No measure of Education or health, No show of quality of life, Large population can lead to a higher GDP even if people there are not wealthy
Gross National Income
Useful: Gives average wealth, useful to access the standard of living
Limitations: Only an average so it hides inequality, Does not show healthcare or education
Literacy Rate
Useful: Shows access to education, easy to compare to other countries, show future employment opportunities
Limitations: Does not show quality of education, no measure of income
Life expectancy, Infant mortality rate, Doctors per person
Useful: Gives indication of healthcare, sanitation, nutrition, clean water availability, living conditions
Limitation: Rural areas may have fewer doctors then cities, ignores nurses and medications, no measure of WHY a indicator is high or low
Calorie Intake
Useful: Indication of food security and availability, shows access to sufficient foods
Limitation: no measure of healthiness of food, only an average, high intake does not always mean healthy
Human development index
Useful: Combines several indicators, broader measure of development, easy to compare
Limitations: Still only an average, can hide inequality, no inclusion of political freedom, happiness or natural enviroments