The index is computed by World Economic Forum to provide a more complete measure of economic development than GDP growth alone.
The index has 3 pillars – Growth and Development, Inclusion and Intergenerational Equity, and Sustainability.
IDI scores are based on the scale of 1-7 and it is computed separately for developed and developing countries and is not comparable.
Lithuania tops the list of 79 developing economies, Azerbaijan and Hungary at 2nd and 3rd positions respectively.
India is placed at 60th place, much lower than the neighboring countries.
China (15th), Nepal (27th), Bangladesh (36th), and Pakistan (52nd).
Norway tops the list in developed economies followed by Luxembourg and Switzerland.