Indicators of living standards: Human Development Index (HDI) and its components

Published by Patrick Mutisya · 8 days ago

Economic Development – Living Standards

Indicators of Living Standards

Living standards measure how well people in a country or region are able to meet their basic needs and enjoy a decent quality of life. The most widely used composite indicator at the IGCSE level is the Human Development Index (HDI), which combines three key dimensions of human development:

  • Health (longevity)
  • Education (knowledge)
  • Standard of living (income)

Human Development Index (HDI)

The HDI is a dimensionless index that ranges from 0 (lowest human development) to 1 (highest human development). It is calculated as the geometric mean of three normalized sub‑indices:

\$\text{HDI}= \left(I{\text{health}} \times I{\text{education}} \times I_{\text{income}}\right)^{\frac{1}{3}}\$

1. Health – Life Expectancy Index

The health dimension is measured by life expectancy at birth. The sub‑index is normalised using the following formula:

\$I_{\text{health}} = \frac{\text{LE} - 20}{85 - 20}\$

where LE = life expectancy at birth (years). The minimum value (20 years) and maximum value (85 years) are set by the UNDP.

2. Education – Education Index

The education dimension combines two indicators:

  1. Mean years of schooling (MYS) – average number of years of education received by people aged 25 +.
  2. Expected years of schooling (EYS) – number of years a child of school‑starting age can expect to receive.

The education index is the arithmetic mean of the two normalised indicators:

\$I_{\text{education}} = \frac{1}{2}\left(\frac{\text{MYS}}{15} + \frac{\text{EYS}}{18}\right)\$

Maximum values are 15 years for MYS and 18 years for EYS.

3. Standard of Living – Income Index

The income dimension uses Gross National Income (GNI) per capita (in PPP US$). Because income has diminishing returns to human development, the natural logarithm is applied before normalisation:

\$I_{\text{income}} = \frac{\ln(\text{GNIpc}) - \ln(100)}{\ln(75\,000) - \ln(100)}\$

where GNIpc = GNI per capita (PPP US\$). The minimum and maximum reference values are \$100 and $75,000 respectively.

Summary Table of HDI Components

DimensionIndicatorFormula for Sub‑indexReference MinimumReference Maximum
HealthLife expectancy at birth (years)\$\displaystyle I_{\text{health}} = \frac{\text{LE} - 20}{85 - 20}\$20 years85 years
EducationMean years of schooling (MYS)\$\displaystyle \frac{\text{MYS}}{15}\$0 years15 years
EducationExpected years of schooling (EYS)\$\displaystyle \frac{\text{EYS}}{18}\$0 years18 years
Education (combined)Average of MYS and EYS\$\displaystyle I_{\text{education}} = \frac{1}{2}\left(\frac{\text{MYS}}{15} + \frac{\text{EYS}}{18}\right)\$
Standard of livingGNI per capita (PPP US$)\$\displaystyle I_{\text{income}} = \frac{\ln(\text{GNIpc}) - \ln(100)}{\ln(75\,000) - \ln(100)}\$$100$75,000

Interpretation of HDI Scores

  • Very high human development: HDI ≥ 0.800
  • High human development: 0.700 ≤ HDI < 0.800
  • Medium human development: 0.550 ≤ HDI < 0.700
  • Low human development: HDI < 0.550

These thresholds help compare the overall well‑being of countries and track progress over time.

Suggested diagram: A three‑dimensional radar chart showing the three sub‑indices (Health, Education, Income) for a sample country, illustrating how each component contributes to the overall HDI.