The HWI is designed to be a more holistic measure of socioeconomic conditions than narrow monetary indicators such as the Gross Domestic Product. It covers more aspects of human wellbeing than the United Nations’ Human Development Index.
It is the unweighted average of indices of health and population, wealth, knowledge, community and equity. To prevent a high score for equity from offsetting poor human conditions, equity is included in the HWI only when it does not raise the index.
Unit of Measurement:
Type of Indicator source:
- Non-governmental organisation