Human Development Index

The Human Development Index combines indicators of life expectancy, educational attainment, and income to create a single measure encompassing these elements which is largely used to compare developmental status among countries of the world. It is produced by the United Nations Development Program. They say: The HDI sets a minimum and a maximum for each dimension, called goalposts, and then shows where each country stands in relation to these goalposts, expressed as a value between 0 and 1…. The education component of the HDI is now measured by mean of years of schooling for adults aged 25 years and expected years of schooling for children of school entering age. …The life expectancy at birth component of the HDI is calculated using a minimum value of 20 years and maximum value of 83.4 years. … For the wealth component, the goalpost for minimum income is $100 (PPP) and the maximum is $107,721 (PPP), The decent standard of living component is measured by GNI per capita (definition from UNDP). :