Indicators of Development (Grade 11 NSC Matric Geography): Flashcards

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Indicators of Development
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Development indicators

Standardised tools to measure & compare country development

GDP (Gross Domestic Product)

Total value of goods/services produced within borders in 1 year

GNP (Gross National Product)

GDP + income from citizens/companies working abroad

GDP per capita formula

GDP divided by total population

HDI three components (3 L's)

Literacy, Life expectancy, Living standards (income)

HDI scale meaning

0 to 1; closer to 1 = high development, closer to 0 = low

Gini coefficient measures

Wealth distribution/inequality within a society

Gini coefficient scale

0 (perfect equality) to 1 (perfect inequality)

Life expectancy at birth

Avg. years a person born in a country can expect to live

Infant mortality rate

Deaths of babies under 1 year per 1,000 live births

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