That, policy makers, economists and experts consider for their country's growth and development. There should be a separate set of indicators that are most relevant to developing economy.
Chaojie Jin I checked but didn't get a separate set of indicators that are most relevant to developing economy. Can you share any link or article on this. Thank you!
While several gauges are available to measure economic development, the most common indicators of economic development are Gross Domestic Product (GDP) per capita, the poverty level, Social and Health indicators, Employment indicators, Price indices, HDI.