Indicator database

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    At-risk-of-poverty rate, by age group      

    The indicator is defined as the share of persons with an equivalised disposable income below the risk-of-poverty threshold, which is set at 60 % of the national median equivalised disposable income (after social transfers).

    Eurostat, http://ec.europa.eu/eurostat/web/products-datasets/-/tessi012, Retrieved on 17.12.2014

    NOTE: Metadata currently unavailable due to a broken link on the Eurostat website. To be added later.

    Household saving rate   

    "The gross household saving rate measures the portion of disposable income that is not used by the household for final consumption. It is measured by gross saving divided by gross disposable income adjusted for the change in the net equity in pension fund reserves."
    (Eurostat, http://ec.europa.eu/eurostat/cache/metadata/EN/tsdec240_esmsip.htm, 13-01-2015)

    Central government debt, total (% of GDP)

    "Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year."

    Total wealth estimate ($)

    "The Wealth of Nations dataset provides country level data on comprehensive wealth, adjusted net saving, and non-renewable resource rents indicators, as published in "The Changing Wealth of Nations" (2011)."
    (World Bank, http://data.worldbank.org/data-catalog/wealth-of-nations, 23-01-2015)

    "Total wealth is present value of future consumption that is sustainable, discounted at a rate of time preference of 1.5 percent, over 25 years.

    Depletion Adjusted Saving (DAS) =

    Foreign direct investment, net outflows (% of GDP)

    "Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net outflows of investment from the reporting economy to the rest of the world and is divided by GDP."

    Legatum Prosperity Index

    The Prosperity Index is a global measurement of prosperity based on both income and wellbeing. The Index analysed the countries across 8 sub-indices – Economy, Entrepreneurship & Opportunity, Governance, Education, Health, Safety & Security, Personal Freedom and Social Capital.

    Global Competitiveness Index

    The Global Competitiveness Index measures the microeconomic and macroeconomic characteristics that underpin national competitiveness.

    Retrieved from, http://www.weforum.org/reports/global-competitiveness-report-2014-2015, 06.03.2015

    GDP per capita (current US$)

    "GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars."

    (Worldbank, http://data.worldbank.org/indicator/NY.GDP.PCAP.CD, 2014-12-11)