Comparison : Country with the Highest standard of Living

Comparison : Country with the Highest standard of Living
The data used to calculate HDI comes mostly from United Nations agencies and international institutions, such as United Nations Educational, Scientific and Cultural Organization (UNESCO), United Nations Department of Economic and Social Affairs, the World Bank, International Monetary Fund and Organisation for Economic Co-operation and Development (OECD). Rarely, when one of the indicators is missing, cross-country regression models are used. Due to improved data and methodology updates, HDI values are not comparable across human development reports; instead, each report recalculates the HDI for some previous years.
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#country #livong #bestcountry #inworld #comparison #worlddata #facts #interesting #diagram

[@komnata_otdiha]

good video and great music

[@DiagramD]

thx

[@ЮжныйКот]

not iceland and not the usa? amazing

[@DiagramD]

yap)

[@SmilingShadow-fz3jt]

Global HDI is good indicator for index investments in a given country, but does not give you good a good feel how the life is. For example living standards disparities and wealth inequality is much higher in the USA than in Poland, which is one of the most egalitarian countries in the world, actually. There are no 50 million mega-mansions, but there are also no trailer parks. As a result Poland "looks richer" than USA, because the GDP is literally spread around and not concentrated behind high walls of the compounds for mega-rich. On a state-by-state basis there are a lot of states in the USA less developed than the most developed states of Poland, so if you move from Clarksburg, VW to Warsaw Poland, it will be a serious upgrade, but if you move from Beverly Hills to Podlasie, then it will feel like traveling back in time.

[@DiagramD]

Thank you very much for your comment. You are absolutely right indeed.