Indicators

Question 1

Composite Indicators

Answer 1

Compiled of a number of single indicators that forms an index, which helps to measure multi-dimensional concepts such as poverty.

Question 2

Consumer Price Index (CPI)

Answer 2

A weighted basket of typical goods and services that are bought in the economy by the typical family

Used to measure changes in inflation.

Question 3

Ecological Footprint

Answer 3

A measure of the amount of land needed to support a population

A model used to estimate the demands that a human population places on the environment.

Question 4

Gender Inequality Index

Answer 4

Measures gender inequality in a country through the lenses of reproductive health, empowerment, and economic status.

Question 5

Gini Coefficient

Answer 5

A measure of distributions of income in an economy used to measure levels of inequality.

Question 6

Green GDP

Answer 6

GDP that has been corrected for loss of biodiversity as a result of economic activity, and the monetary costs of pollution and climate change.

Question 7

GDP

Answer 7

Total monetary value of all final goods and services produced within an economy in a given period of time.

Question 8

GNI

Answer 8

Total income of a nation’s people and businesses.

Question 9

GNP

Answer 9

Total monetary value of all final goods and services produced by factors owned by the country’s citizens in a given period of time.

Question 10

Happy Planet Index

Answer 10

A composite indicator that aims to show how well countries are doing at achieving long, happy, sustainable lives through:
- Longevity (life expectancy)
- Inequality
- Subjective well-being
- Ecological Footprint

Question 11

Human Development Index

Answer 11

A composite indicator measuring:
- Health (through life expectancy)
- Education (through mean and expected years of schooling)
- Standard of living (through GNI per capita at $PPP).

Question 12

Inequality Adjusted Human Development Index

Answer 12

A composite indicator that measures health, education and standard of living, and whose indicators are adjusted to account for inequality within a country in those dimensions.

Question 13

Infant Mortality

Answer 13

A measure of the number of children younger than one year that die annually for every 1 000 born alive.

Question 14

Life Expectancy at Birth

Answer 14

A measure of the average number of years that a person may expect to live from the time they are born.

Question 15

Mean years of schooling

Answer 15

The average number of years of education received by people aged 25 and older in their lifetime

Component of the HDI.

Question 16

PPP

Answer 16

Compares economic productivity and standards of living between countries on the basis of relative costs of goods and services.

Question 17

Single Indicators

Answer 17

A single indicator is one factor, such as GNP per capita, used to measure a single development characteristic of a country.

Question 18

Adult Literacy Rate

Answer 18

A measure of the percentage of the population older than 15 years that is literate at a specific moment in time.

Question 19

Credit Rating

Answer 19

Measure of a country’s creditworthiness, which means its ability to pay back a loan.

Question 20

Expected Years of Schooling

Answer 20

The number of years of schooling that a child of school entrance age can expect to receive in his or her lifetime if current age-specific enrolment rates persist.