Technical Notes and Sources
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Full indicator list and descriptions
The data in this Update represent the best available estimates from various national authorities, international agencies, and private sources at the time the Update was prepared. It is possible that some data would have been revised or updated by the sources after publication of this Update.
“N/A” denotes that a value is not available or that the available data are unreasonably outdated or not from a reliable source.
Dashboard of National Key Performance Indicators
I) Growth and Development
0.01 GDP per capita | 2016
Gross domestic product per capita in constant 2010 dollars (2016) is used for value. The trend is the annual percentage growth rate of GDP per capita. Aggregates are based on constant 2005 US dollars. GDP per capita is gross domestic product divided by mid-year population. GDP at purchaser’s price 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. The five-year average is based on the authors’ calculations between 2012 and 2016 or the most recent year.
Source: World Development Indicators, World Bank.
0.02 Labor Productivity | 2016
This refers to the output per unit of labor input. GDP per person employed is GDP divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 1990 constant international dollars using PPP rates. The five-year trend is based on the average annual percentage growth rate of labor productivity, per person employed, percentage change between 2012 and 2016.
Source: World Development Indicators, World Bank.
0.03 Healthy Life Expectancy | 2015
Average number of years that a person can expect to live in “full health” by taking into account years lived in less than full health due to disease and/or injury. The five-year trend is based on the change in the number of years of life expectancy between 2011 and 2015.
Source: The Global Burden of Disease Database, Institute for Health Metrics and Evaluation.
0.04 Employment | 2016
Employment-to-population ratio is the proportion of a country’s population that is employed. Ages 15 and older are generally considered the working-age population. The five-year trend is based on the absolute difference in the employment rates between 2012 and 2016.
Sources: World Development Indicators, World Bank; Key Indicators of the Labour Market database, International Labour Organization (ILO).
II) Inclusion
0.05 Net-Income Gini | 2016 or most recent
This indicator measures the extent to which the net distribution of income (that is, post-tax, post-transfers), among individuals or households within an economy deviates from a perfectly equal distribution. A Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality. The five-year trend is based on the absolute difference in net-income Gini over the last five most recent years available.
Sources: F. Solt, 2016, “The Standardized World Income Inequality Database,” Social Science Quarterly 97; SWIID Version 6.0, October 2017.
0.06 Poverty Rate | 2016 or most recent
For advanced economies, relative income poverty is defined as less than half of the respective median national income (after taxes and transfers, and adjusted for size of household). For emerging economies, it is defined as the percentage of the population living on less than $3.20 a day at 2011 international prices. The five-year trend is based on the absolute difference in the poverty rates between 2012 and 2016 or the most recent year.
Sources: Organisation for Economic Co-operation and Development (OECD); World Development Indicators Online, World Bank.
0.07 Wealth Gini | 2017
This indicator measures the differences in the distribution of wealth – higher Gini coefficients signify greater inequality in wealth distribution, with 1 signaling complete inequality and 0, complete equality. The five-year trend is based on the absolute difference in wealth Gini between 2013 and 2017.
Source: Credit Suisse Global Wealth Databook 2017.
0.08 Median Income | 2012 or most recent
This is the median of daily per capita income/consumption expenditure in 2011 purchasing power parity dollar (USD PPP). The data are drawn from nationally-representative household surveys, which are conducted by national statistical offices or by private agencies under the supervision of government or international agencies, and are obtained from government statistical offices and World Bank Group country departments. The per capita income/consumption used in PovcalNet is household income/consumption expenditure divided by the household size. The author has converted the data from monthly to daily median income. The trend, median income growth, is based on the absolute difference in median income between 2008 and 2012 or the most recent year and represents the total growth over the period, which in the majority of cases has covered a five-year span (+ or – one year). In a few cases, historical data is lacking and the trend is displayed as “n/a”.
Source: PovcalNet, World Bank
III) Intergenerational Equity and Sustainability
0.09 Adjusted Net Savings, Excluding Carbon Damage (% of GNI) | 2015 or most recent
Natural Capital Accounts measure the total stocks and utilization of natural resources in a given ecosystem, clarifying the real difference between production and consumption by capturing depreciation of fixed capital, depletion of natural resources, and damage from pollution. It is expressed as a percentage of Gross National Income (GNI). Adjusted net savings are equal to net national savings plus expenditure on education and minus depletion of energy, minerals, and forests, and damage by particulate emissions. Carbon damage has been excluded from the calculation. By accounting for fixed and natural capital depletion, adjusted net national income better measures the income available for consumption and for investment to increase a country’s future consumption. The trend is based on the absolute difference in Adjusted Net Savings (minus carbon damage) between 2011 and 2015 or the most recent year.
Source: World Development Indicators Online, World Bank.
0.10 Carbon Intensity of GDP | 2014 or most recent
Carbon intensity is a measure of how much carbon economies emit for every dollar of GDP they produce. It is expressed in kilo-tonnes of CO2/$ billion (in 2005 US$). International data for carbon dioxide emissions from the consumption of energy includes emissions due to the consumption of petroleum, natural gas, and coal, and also from natural gas flaring. The five-year trend is based on the change in the carbon intensity of GDP between 2010 and 2014 or the most recent year.
Sources: US Energy Information Administration (EIA) Historical Statistics for 1980-2013; World Development Indicators, World Bank; The Shift Project Data Portal.
0.11 Public Debt (as a share of GDP) | 2016
Gross debt consists of all liabilities that require payment of interest and/or principal by the debtor to the creditor at a date or several dates in the future. This includes debt liabilities in the form of special drawing rights, currency and deposits, debt securities, loans, insurance, pensions, standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the Government Finance Statistics Manual (GFSM) 2001 system are debt, except for equity and investment fund shares, financial derivatives, and employee stock options. For Australia, Belgium, Canada, Iceland, New Zealand, and Sweden, government debt coverage also includes insurance technical reserves, following the GFSM 2001 definition. The trend is based on the absolute difference in public debt as a share of GDP between 2012 and 2016 or the most recent year.
Source: World Economic Outlook Database, April 2017.
0.12 Dependency ratio | 2016
Age dependency ratio is the ratio of dependents, people younger than 15 or older than 64, to the working-age population, those aged 15-64. Data are shown as the proportion of dependents per 100 working-age people. The five-year trend is the absolute difference in the dependency ratios between 2012 and 2016.
Source: World Development Indicators, World Bank.