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Which one of the following is the correct arrangement of the countries in descending order according to the Human Development Index (HDI) value?
Ireland, Norway, Australia, Switzerland
Norway, Switzerland, Australia, Ireland
Norway, Australia, Ireland, Switzerland
Switzerland, Ireland, Norway, Australia
The HDI (Human Development Index) is a statistical composite index of the life expectancy, education, and also per capita income indicators, which are used to rank the countries into four layers of human development. www.gradeup.co 25 A country whoever scores a higher HDI when the lifespan is higher, the education level is higher, and also the gross national income GNI (PPP) per capita is higher. This concept was developed by Pakistani economist Mahbub ul Haq and the Indian economist Amartya Sen and was even further used to calculate a country's development by the United Nations Development Programme (UNDP) Human Development Report Office. The Human Development Report of the year 2019 by the United Nations Development Programme was released on 9th Dec 2019 and measured HDI values based on the data collected in the year 2018. Below is the list of the top 10 countries or territories with' very high human devvelopment':
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