This document discusses various methods for measuring the development of a country or region, including Gross Domestic Product, Gross National Product per capita, the Human Development Index, birth and death rates, infant mortality rate, literacy rate, and life expectancy. It provides brief definitions and explanations of each measure.
This document discusses various methods for measuring the development of a country or region, including Gross Domestic Product, Gross National Product per capita, the Human Development Index, birth and death rates, infant mortality rate, literacy rate, and life expectancy. It provides brief definitions and explanations of each measure.
This document discusses various methods for measuring the development of a country or region, including Gross Domestic Product, Gross National Product per capita, the Human Development Index, birth and death rates, infant mortality rate, literacy rate, and life expectancy. It provides brief definitions and explanations of each measure.
By : Rana taimoor What means by measuring Development
• Definition. A method used
to measure how developed a country or region is compared with others. Types of Measuring development • Gross Domestic Product (GDP) the total value of goods produced and services provided in a country during one year.
• Gross National Product (GNP) ...
the total value of goods produced and services provided by a country during one year, equal to the gross domestic product plus the net income from foreign investments. • GNP per capita. ... Comprises the gross domestic product (GDP), plus net factor income from abroad, which is the income residents receive from abroad for factor services (labor and capital) less similar payments made to non- residents who contributed to the domestic economy. Method of estimation
• Birth and death rates. ...
• The annual number of births per 1,000 total population. Death Rate (or crude death rate) The annual number of deaths per 1,000 total population. • The Human Development Index (HDI) ... is a summary measure of average achievement in key dimensions of human development: a long and healthy life, being knowledgeable and having a decent standard of living. The HDI is the geometric mean of normalized indices for each of the three dimensions.
• Infant mortality rate. ...
the probability of a child born in a specific year or period dying before reaching the age of one, if subject to age-specific mortality rates of that period. • Literacy rate. ... the percentage of the population of a given age group that can read and write. The adult literacy rate corresponds to ages 15 and above, the youth literacy rate to ages 15 to 24, and the elderly to ages 65 and above.
• Life expectancy. based on an estimate of the average age that members of a particular population group will be when they die.