HDI refers to Human Development Index which is one of the criterion used by World Bank in making Human Development Report.
Three Components of HDI:
- Life Expectancy: It is the average expected length of life of a person at the time of birth.
- Per Capita Income: Mean income of the people is an economic unit. It is calculated by dividing the total national income of a country by population. It is calculated in dollars for all the countries so that it can be compared.
- Gross Enrolment Ratio for Three Levels: It means enrolment ratio for primary schools, secondary schools and higher education beyond secondary level.
