Finland ranks 13th on UN’s “Human Development Index”, U.S. ranks 10th – Finland’s high unemployment and low GDP are key
Suprised to see the U.S. beating Finland in human development. Out of the top 20 countries, Finland had the second lowest healthcare expenditure per capita with $1,943 (US) while the U.S. had the highest $5,274. Finland had the smallest gap between richest 10% and poorest 10% in the top 20 countries, while the U.S. had the largest gap. Finland’s poorest 10% took the largest share of total income/consumption in the top 20, while the U.S.’s poor took the smallest share. Finland’s richest 10% tied for 3rd in total income/consumption in the top 20, the U.S.’s richest 10% took the largest share.
Finland tied for 2nd with Germany (France was #1) for highest unemployment in the top 20. Finland’s unemployment is twice (or three times) as high as Norway, Sweden, Iceland, Luxembourg, Switzerland, Netherlands, New Zealand, and Ireland. Finland had the highest “Average Annual Unemployment” rate (12.2%) in the top 20. Finland had the second highest youth unemployment rate (21.6%) in the top 20 (Italy is #1), even more than France (20.8%)!!
The United States had the third or fourth lowest “Long-term Unemployment, % of total unemployment” (12.5% men/11% women), Finland had double, but was still quite average (27.7% men, 21.4% women) compared to Germany, Belgium, France, and Italy who had around 50%.
19.1% of Finland population was victimized by a crime, while 21.1% of U.S.’s population was victimized by a crime. Finland had the second highest “Women in government at ministerial level” (47.1%) in top 20, the U.S. tied for 2nd lowest (14.3%)
The UN Human Development Index (HDI) is a comparative measure of poverty, literacy, education, life expectancy, childbirth, and other factors for countries worldwide. It is a standard means of measuring well-being, especially child welfare.
The HDI measures the average achievements in a country in three basic dimensions of human development:
* A long and healthy life, as measured by life expectancy at birth.
* Knowledge, as measured by the adult literacy rate (with two-thirds weight) and the combined primary, secondary, and tertiary gross enrolment ratio (with one-third weight).
* A decent standard of living, as measured by gross domestic product (GDP) per capita at purchasing power parity (PPP) in USD.





