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The Social Progress Index
A holistic measure of progress
For 80 years GDP has been the gold standard for measuring a country's economic progress, but limiting a country's measure of growth and competitiveness to only just economic indicators creates an incomplete picture. The 2015 Social Progress Index disrupts customary assessment to go beyond GDP and shape a more complete approach to tracking human wellbeing. The means by which Australia chooses to measure such progress will determine just how we go about increasing prosperity and improving overall quality of life.
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- 2015 Social Progress Index report
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- About the Social Progress Index
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NEW: 2015 Social Progress Index report
On 9 April, the 2015 Social Progress Index launched - it measures the social and environmental outcomes for 133 countries, covering 94% of the world’s population.
As a complement to economic measures such as GDP, the Social Progress Index provides a more holistic measure of country performance and helps to drive real and sustainable growth that is important for business and vital for building a prosperous society.
How does Australia measure up compared to other nations of similar GDP – and where do we rank on the overall world scale?
To explore detailed findings from Australia, and find out how we compare to our closest counterparts, visit the Social Progress Index site’s Australia page
Unlocking Real Growth: Social Progress and the G20
On the 15th and 16th of November, Australia played host to the annual G20 Summit. The G20 provided an opportunity for leaders to discuss global economic issues and shape the world's effort to restore growth. Yet, growth without social progress is an empty goal. Governments need to think beyond the usual macroeconomic levers to support social progress. Australia and other G20 countries can enhance economic growth through addressing these social problems which are burdensome to economic progress.
Deloitte Australia has used the Social Progress Index to identify where Australia compares less favorably with its peer countries and therefore present opportunities for governments, business, and the not-for-profit sector to work.
To learn more visit the Deloitte Australia page or download the report.