The Human Poverty Index (HPI) is a composite measure that assesses the level of poverty in a country. It consists of three components:
1. Probability at Birth of Not Surviving to Age 40: This component measures the mortality rate of a country, particularly the likelihood of individuals not surviving until the age of 40. It reflects the overall health and well-being of the population.
2. Adult Functional Illiteracy Rate: This component measures the percentage of adults (aged 15 and above) who are unable to read and write. It indicates the level of education and literacy within a country, which is crucial for economic and social development.
3. Unweighted Average of Deprivation in Three Basic Dimensions: This component assesses the deprivation in three basic dimensions of human poverty – longevity, knowledge, and a decent standard of living. It takes into account factors such as life expectancy, education, and access to basic services like clean water, sanitation, and electricity.
These three components together provide a comprehensive picture of the level of poverty and well-being in a country, allowing for comparisons and analysis across different nations.