An independent economics research project by Vibhav Goel

Measuring Progress Beyond GDP

GDP tells us how much an economy produces. It does not tell us whether people are healthy, educated, secure, or free. HumanValue Index reimagines how national progress should be measured — through the dimensions that shape human lives.

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Countries analysed

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Wellbeing dimensions

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Data sources referenced

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Based on public data

A Brief History

The world has been questioning GDP for nearly a century.

1934

GDP is invented. Simon Kuznets warns Congress it was never meant to measure welfare.

1968

Robert Kennedy famously remarks that GDP “measures everything except that which makes life worthwhile.”

1990

The UN introduces the Human Development Index — adding health and education alongside income.

2009

The Stiglitz-Sen-Fitoussi Commission urges countries to move “beyond GDP.”

2011

The OECD launches the Better Life Index, comparing wellbeing across 11 dimensions.

2024

HumanValue Index brings these ideas together in one interactive platform.

The Core Finding

Wealthy countries score higher — but money alone doesn’t explain the ranking.

Each bubble is a country. The horizontal axis shows GDP per capita; the vertical axis shows the HumanValue score. Bubble size reflects population. Notice the spread: countries at similar income levels can differ by 10+ points on human wellbeing.

Featured Insights

Three stories the numbers tell when you look beyond GDP.

Equality

Norway outperforms the US on wellbeing — despite lower GDP per capita

Norway’s HumanValue score exceeds America’s by several points, driven by stronger equality, healthcare, and social support — even though US GDP per capita is similar.

Wellbeing

Costa Rica rivals Italy in life satisfaction at a fraction of the income

Costa Rica’s life expectancy and social cohesion match Southern European levels, while its GDP per capita is less than half. Progress is not just about money.

Housing

Singapore’s high GDP masks a housing affordability gap

Singapore ranks near the top globally for income and innovation, yet its housing price-to-income ratio is among the steepest — a reminder that aggregates hide trade-offs.

Education ·Healthcare ·Employment ·Housing Affordability ·Income Equality ·Life Expectancy ·Environmental Quality ·Financial Security ·Social Support ·Safety ·Internet Access ·Innovation ·Education ·Healthcare ·Employment ·Housing Affordability ·Income Equality ·Life Expectancy ·Environmental Quality ·Financial Security ·Social Support ·Safety ·Internet Access ·Innovation ·

Build your own definition of progress.

Adjust the weights of twelve dimensions and watch country rankings shift in real time. Because what we measure shapes what we strive for.