This page has information on initiatives, reports, and articles on measuring the well-being of nations. Why measure the well-being of nations?
Countries have relied largely on economic measures such as Gross Domestic Product (GDP) as an indicator of national progress. There is growing awareness, however, that economic measures alone do not fully reflect a nation’s progress and well-being. Multi-dimensional measures of well-being can supplement economic indicators to more accurately represent how a nation is doing and to better inform public policy.
Public policy follows from what we measure. If a society focuses largely on measuring economic output, people are likely to focus more attention and energy on economic output, sometimes to the detriment of other values. If a society measures well-being, people will focus more of their attention on well-being. We measure what we value, and we value what we measure. Click here to learn more on this perspective.
Bhutan’s Gross National Happiness Index: