What Are the Different Types of Economic Development Indicators?

Economic development indicators refer to the values of the scale, degree, proportion, and structure of economic development under a certain period of time and conditions. Usually expressed in absolute, relative or average numbers. In economic work, a series of indicators can be used to plan and study the development level of the national economy, departments, enterprises, and units. Economic development indicators are classified into "plan indicators" and "statistical indicators". The former is the level that the various economic phenomena should reach during the planning period; the latter is the level that is actually reached during the planning period. ^[1]