Education Index

Business, Legal & Accounting Glossary

Definition: Education Index




Full Definition of Education Index


The United Nations publishes a Human Development Index every year, which consists of the Life Expectancy Index, Education index, and Income index. The Education Index is calculated from the Mean years of schooling index and the Expected years of schooling index.

Education is a major component of Well-Being and is used in the measure of Economic Development and Quality Of Life, which is a key factor determining whether a country is a Developed, Developing, or Underdeveloped nation.


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Definition Sources


Definitions for Education Index are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 9th April, 2020 | 7 Views.