National success is about more than just wealth. And yet, traditionally we have used narrow measures of wealth (such as GDP) as our benchmark to determine the success of nations. The Prosperity Index goes beyond GDP to measure countries’ success against a broad set of metrics covering areas such as health, education, opportunity, social capital, personal freedom, and more.
The Prosperity Index is the only global index that measures national prosperity based on both wealth and wellbeing. The Index seeks to redeﬁne the concept of national prosperity to include, as a matter of fundamental importance, factors such as democratic governance, entrepreneurial opportunity, and social cohesion. Covering 96% of the world’s population and 99% of global GDP, the Index provides a more complete picture of global prosperity than any other tool of its kind.
Legatum Prosperity Index
The global Prosperity Index is the flagship publication of the Legatum Institute. First published in 2007, the Index now benchmarks 142 countries around the world across eight distinct categories: Economy; Education; Entrepreneurship & Opportunity; Governance; Health; Personal Freedom; Safety & Security; and Social Capital. The Prosperity Index includes both objective and subjective data. The purpose of the Prosperity Index is to spark debate and to encourage policymakers, scholars, the media, and the interested public to take an holistic view of prosperity and to better understand how it is created.
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Insight on Africa: Special Report
The Insight on Africa report builds on the work of the global Prosperity Index by looking in more detail at the drivers and barriers of prosperity in Africa. The report takes data from the global Prosperity Index and provides deeper analysis examining some of the big issues facing Africa. The 2013 report included chapters on changing demographics (and the so-called youth bulge), the effect of corruption on the ease of doing business, trends in safety and security, and the millennium development goals. Subsequent editions will continue to explore important issues facing the continent.