As sponsors of the Legatum Institute in London, we are delighted to announce the launch of The 2015 Legatum Prosperity Index, which offers a unique insight into how prosperity is forming and changing across the world.
Traditionally, a nation's prosperity has been based solely on macroeconomic indicators such as a country's income, represented either by GDP or by average income per person (GDP per capita). However, most people would agree that prosperity is more than just the accumulation of material wealth. It is also the joy of everyday life and the prospect of being able to build an even better life in the future. The Index is distinctive in that it is the only global measurement of prosperity based on both income and wellbeing. In recent years, governments, academics, international organisations, and businesses have increasingly moved their attention towards indicators that measure wellbeing as a complement to GDP.