Indicator database

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    Net social protection as a percentage of GDP

    "Net social protection benefits are defined as the value of social protection benefits excluding taxes and social contributions paid by the benefits recipients. They are complemented by the value of “Fiscal benefits” provided in the form of tax breaks that would be defined as social protection benefits, if they were provided in cash. Tax breaks promoting the provision of social protection or promoting private insurance plans are excluded.

    Human Wellbeing Index

    The HWI is designed to be a more holistic measure of socioeconomic conditions than narrow monetary indicators such as the Gross Domestic Product. It covers more aspects of human wellbeing than the United Nations’ Human Development Index.

    It is the unweighted average of indices of health and population, wealth, knowledge, community and equity. To prevent a high score for equity from offsetting poor human conditions, equity is included in the HWI only when it does not raise the index.