Poland has risen from 33rd place in 2021 to 26th in 2022 in the Responsible Development Index, which has been prepared by the Polish Economic Institute since 2019. Index of Responsible Development (IOR). This was the only promotion among the Visegrad Group countries. The top of the list is once again dominated by the Nordic countries, which took half of the places in the top ten of the ranking, according to the latest publication of the Polish Economic Institute’s ‘Responsible Development Index’.
The Responsible Development Index has been published by the Polish Economic Institute since 2019. It was created as an alternative to GDP and allows for a more accurate representation of the changes taking place in individual countries.
The IOR consists of 4 pillars: current prosperity, creation of future prosperity, non-wage factors, climate responsibility. The index is compiled from a total of nine indicators. The data comes from the databases of the World Bank, the European Commission, or the United Nations, among others. In the latest analysis, 40 countries were considered.
The Nordic countries continuously dominate among the countries with the highest Responsible Development Index values. This is due to the harmonious combination of economic, social, and environmental dimensions in these countries’ development strategies. Sweden took the top spot in the overall ranking, even though it did not win in the individual categories. This demonstrates the balance between the different aspects of development. The Scandinavian countries score highest in non-financially related categories, such as life expectancy. The longest lives are achieved in Norway, Sweden, Iceland, and Denmark. High scores are also associated with safety, a clean environment, and the health of citizens.
Poland rose in the Responsible Development Index ranking from 33rd to 26th, as the only one of the Visegrad countries. This is mainly due to an increase in disposable income and consumption in 2022. Consumer spending grew stronger against the EU countries. For the other Visegrad countries, there was a decline: the Czech Republic from 20th to 22nd place, Hungary from 28th to 34th, and Slovakia from 27th to 31st.
Adrian Andrzejewski