ISIDORA CIRIC (ABU DHABI)
The United Arab Emirates has achieved an impressive first place in the Arab world and 18th place globally in the 2024 Human Progress Index (HPI), according to a report by CEOWORLD magazine published on Sunday.
Scoring 93.68 overall, the UAE stands as the leading nation in the Arab world and the third on the Asian continent.
The ranking highlights the UAE's significant progress across different sectors, placing it ahead of several major economies, including the United States, France, and Italy.
The HPI evaluates countries based on three primary categories: stability, satisfaction, and balance, with each attribute graded on a 100-point scale.
The stability category assesses economic growth, tax rates, life expectancy, job security, housing conditions, household income, and net financial wealth. The satisfaction category explores safety, happiness levels, quality of governance, corruption perceptions, infrastructure, transport, and the efficacy of public health and education systems, while the balance category assesses human rights, civil liberties, political rights, work-life balance, religious freedoms, gender equality, and environmental care.
The CEOWORLD magazine's methodology involved normalising raw data on a 1-100 scale, with equal weighting for each indicator within the three categories.
Data was sourced from various reputable organisations, including the EIU Index, World Economic Forum, Global Insight, and Transparency International.