What are the different types of economic development indicators?

economic development cannot be cope with economic growth, although growth and development are related. Economic development is more difficult to define and a number of different economic development indicators are used. The factors associated with the development of the population relate to the population, so they are often subjective. The UN Development Program (UNDP) (UNDP) uses the human development index (HDI) to measure education, health and the standard of living of the population. Other economic development indicators focus on the ability of people to satisfy basic needs and achieve dignity and freedom. The index measures health by considering life expectancy at birth. Education is measured by the degree of adults of adults and the availability of primary, secondary and tertiary education, as shown by the level of enrollment in the school. The standard of living in the IS country measured according to the gross domestic product per capita (GDP), but this is converted on the basis of parity of purchasing power (PPP) to achieve a more realistic comparison of consumer purchasing power in different countries.

HDI is considered to be the peace of people and their situations. UNDP also analyzes the criteria for human development between different groups in the country and produces, for example, the gender -related development index, which indicates inequality between men and women. The degree of strengthening gender position (GEM) focuses on the ability of women to participate in the political system and economic life of the country. This measures the authorization by looking at the share of women who occupy the leading role in the political system, business and professions. It is also considering the extent in which women are part of the workforce and look at their share of national income.

Human poverty index (HPI) is one of the economic development indicators to measure, how much country's population does not have a chance to achieve the basic level of health and education and satisfy the basic needs. Taking into account the factors are how many people in the country die 40 years ago, how many adults are illiterate, how many people do not have access to pureWater and how many children are malnourished. The index is expressed as a percentage, with a higher percentage indicated by a higher level of poverty. Other economic development indicators include the level of infants mortality, the rate of mother mortality and inequality in income, which is measured by the Lorenzo curve or the Gini coefficient. The level of use of technology in the country is measured by looking at indicators, such as the number of Internet users per 1,000 people or a telephone line per 1,000 people.