Indicators of Development

Indicators of Development

  • Countries are divided into less developed and developed groups based on specific criteria.
  • Economic growth is a quantitative measure of production levels (e.g., GDP increase).
  • Economic development combines social and mental changes to improve the standard of living and achieve sustainable human development.

Indicators of Development

  • Economic, financial, social, health, demographic, cultural, educational, and political indicators.

Economic Indicators

Economic Indicators in General
  • Energy Consumption per capita: High in developed, low in less developed.
  • Employment of Natural Resources: Highly efficient in developed, less efficient in less developed.
  • Development of Economic Sectors: Balanced growth in developed, unbalanced in less developed.
  • Real GDP per capita: High in developed, low in less developed.
  • Availability of Capital: High in developed, low in less developed due to savings levels.
  • Average Propensity to Save (APS): High in developed, low in less developed.
  • Expenditure on Research and Development: Accounts for >3% of Real GDP in developed, <3% in less developed.
  • Level of Productivity: High in developed, low in less developed.
  • Economic Growth: Progressive in developed, regressive in less developed.
  • Dependency on Foreign Nation: Self-sufficient in developed, highly dependent in less developed.
  • Export Structure: Heavy industrial output in developed, light industrial output in less developed.
  • Infrastructure: Encourages investment and productivity in developed, poor and undeveloped in less developed.
  • Balance of Payment: Surplus in developed, deficit in less developed.
Sectorial Indicators
  • Agricultural, industrial, and service indicators.
Agricultural Indicators
  • Share of Agricultural Output of Real GDP: Low in developed (33%), dominant in less developed.
  • Agricultural Techniques: Sophisticated in developed, limited and primitive in less developed.
  • Balance of Trade in Agriculture: Surplus in developed, deficit in less developed.
Industrial Indicators
  • Contribution of Industry in GDP: >35% in developed, <20% in less developed.
  • Type of Production: Heavy industry in developed, light industry in less developed.
  • Size of Firm: Large to medium scale in developed, small scale in less developed.
Service Indicators
  • Share of the Service Sector out of Real GDP: High with balanced growth in developed, high at the expense of other sectors in less developed.
  • Interdependence with Agricultural and Industrial Sectors: All sectors interdependent in developed, independent in less developed.

Financial Indicators

Revenue Indicators
  • Tax Revenue out of Real GDP: >25% in developed, <14% in less developed.
  • Percentage of Direct Tax out of Total Tax Collector: Between 355535-55% in developed, between 102010-20% in less developed.
  • Percentage of Indirect Taxes out of Total Tax Collected: Between 456545-65% in developed, between 709070-90% in less developed.
Expenditure Indicators
  • Share of General Expenditure out of RGDP: 3535% in developed, 2020% in less developed.
  • Structure of General Expenditure: Equilibrium between common and project expenditure in developed, common expenditure dominates in less developed.
  • Military Expenditure: Low in developed, high in less developed.
  • Foreign Debt: Low in developed, high in less developed.

Social Indicators

  • Social Mobility: Vertical mobility exists in developed, does not exist in less developed.
  • Unemployment: <12<12% in developed, >20>20% in less developed.
  • Level of Wages or Salaries: Relatively high in developed, low in less developed.
  • Child Labor: Does not exist in developed, prevalent in less developed.
  • Concentration of Income: Very low in developed, high in less developed.
  • Size of Middle Class: Large in developed, small in less developed (<30%).
  • Social Law: Rights protected in developed, not in less developed.
  • Social Integration: Exists in developed, does not exist in less developed.
  • Household of Family Budget: Households allocate only 20% of the income on consumption on goods due to their low income, household spend more than 40% of their income on consumption of G&S. This increases to 70% when taking spending on education and health services into account.

Health Indicators

  • Spending on Health Services: 1717% of family's budget in developed, <7% in less developed.
  • Percentage of Citizens Medically Insured: >90% in developed, <30% in less developed.
  • Health Conditions: Maintained in developed, absent in less developed.
  • Nutritional Intake: High in developed, low in less developed.

Demographic Indicators

  • Population Growth: Low in developed, high in less developed.
  • Birth Rate: Low in developed, high in less developed.
  • Death Rate: Low in developed, high in less developed.
  • Life Expectancy: 75 years in developed, 51 years in less developed.
  • Immigration: Low in developed, high in less developed.

Cultural Indicators

  • Value of Time: Scarce and valuable in developed, less valuable in less developed.
  • Burden of Traditions, Customs, and Beliefs: More open in developed, loyal to traditions creating instability in less developed.
  • System of Values: Based on qualification in developed, based on origins in less developed.
Women's Situation
  • % of Females Enrolled in Primary Education: 9797% in developed, 8484% in less developed.
  • % of Females Enrolled in Secondary Education: 8787% in developed, 3333% in less developed.
  • % of Females Enrolled in University Education: High in developed, low in less developed.
  • % of Females in Senior and Managerial Posts: High in developed, low in less developed.

Educational Indicators

  • Illiteracy Rate: Higher for women in less developed.
  • Government Expenditure on Education: 5.45.4% in developed, <3% in less developed.
  • % Spending on Higher Education: 2222% in developed, <5% in less developed.

Political Indicators

  • Respect of Democratic Values: Fundamental in developed countries.
  • State of Law: Ensures equity and fairness in developed countries.
  • Political Situation: Voters may prioritize personal needs over qualifications in less developed countries.