Development Indicators

GDP alone leaves out important information about a population's actual wellbeing, so development economists track multiple indicators together instead of relying on income alone, including measures of health, like life expectancy, education, like average years of schooling, and how evenly income and opportunity are actually distributed across a population, not just total or average output. A widely used combined measure, the Human Development Index, or HDI, blends income, education, and life expectancy into a single score specifically because no single number, including GDP, fully captures a population's overall wellbeing on its own.

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