UK VS Norway
A
lot of people think that
the best way to measure a
countries development is to
look at the GDP or even to
look at the GDP per capita.
But the fairest way to look at
a countries development is to
look and its rank on the
Human Development Index
(HDI)
Topping this index is the
treasured Norway, with a score
of 0.944 out of 1.
Unfortunately, the UK comes it
at a sullen 14th with a score of
0.892 out of 1. Not only are
Norway doing very well, but
the rest of Scandinavia (apart
from Finland) make it into the
top 15 ahead of the UK.
There are a variety of different
reasons why this might be, and
all of these reasons are to do
with how you get a good HDI.
Euronomics
Essentially the HDI is a
collection of statistics
including; life expectancy,
education as well as the GDP
per capita.
Around the world people
believe that places such as
France Germany and the UK
are the nice places to be in
Europe, but clearly they are
wrong, Norway is, according to
these statistics, the best place
to be in the world.
The UK does have a large GDP
with $2.68 trillion to Norway’s
$513 billion. However, the GDP
per capita paints a different
picture as here Norway’s is
more than double with theirs
$100,818 to the UK’s $41,787.
This is mainly thanks to the
fact that Norway’s population
is only 5 million and the
UK has a population of 64
million.
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