What is the genuine progress indicator?

The Genuine Progress Indicator (GPI) is an alternative approach to traditional economic measurements such as Gross Domestic Product (GDP). Unlike the GDP, which is intended to measure economic production regardless of its social and environmental impacts, the GPI takes into account a broader set of factors to help economists, policymakers, and the public understand the overall well-being of a society. The GPI examines economic output alongside ecological sustainability, human health, and other social indicators, such as levels of poverty and safety, to better capture the positive and negative aspects of economic growth. This can help identify where investments may be needed to help create more sustainable communities and make sure resources are distributed equitably.

GDP + Benefits not included in market transactions - harmful environmental and social costs