Prosperity Index Methodology

What data makes up the Index?

The Prosperity Index is the only global measurement of national success based on both income and wellbeing. Our econometric analysis has identified 89 variables, which are spread across eight sub-indices. By measuring prosperity holistically we are able to identify and analyse the specific factors that contribute to the success of a country.

How are the rankings created?

To build the Index we begin by looking at the current academic literature on economic growth and wellbeing. From here, we go through numerous stages of analysis and calculation before we arrive at the final Prosperity Index scores and ranks. This includes selecting the variables, standardising values, applying weightings, and more. The following step-by-step guide provides details for each of these stages…


© The Legatum Institute 2012






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