Areas Where Australia Is Better Than Venezuela
π¦πΊ Australia is ranked better in 11 indicators, while Venezuela is ranked better in 1 indicators.
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π Regulatory Quality: Estimate
1.94 π¦πΊ|-2.03 π»πͺReflects the ability of the government to formulate and implement sound policies.
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π΅οΈββοΈ Control of Corruption: Estimate
1.78 π¦πΊ|-1.69 π»πͺHigher values indicate better control of corruption, enhancing governance.
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βοΈ Rule of Law: Estimate
1.52 π¦πΊ|-2.15 π»πͺHigher values indicate stronger adherence to the rule of law.
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π£οΈ Voice and Accountability: Estimate
1.51 π¦πΊ|-1.53 π»πͺHigher values indicate stronger democratic governance and citizen participation.
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ποΈ Government Effectiveness: Estimate
1.59 π¦πΊ|-1.6 π»πͺMeasures the quality of public services and policy implementation, crucial for governance.
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π Logistics performance index: Overall (1=low to 5=high)
3.7 π¦πΊ|2.3 π»πͺOverall assessment of logistics performance, crucial for trade and economic growth.
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ποΈ Political Stability and Absence of Violence/Terrorism: Estimate
0.92 π¦πΊ|-1.19 π»πͺHigher values indicate a more stable political environment.
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βοΈ Gender Inequality Index
0.06 π¦πΊ|0.51 π»πͺMeasures gender disparities in reproductive health, empowerment, and labor market participation. Lower values indicate less inequality.
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π Human Development Index
0.96 π¦πΊ|0.71 π»πͺAssesses long-term progress in health, education, and income. Higher values indicate better human development.
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π Inequality-adjusted Human Development Index
0.87 π¦πΊ|0.61 π»πͺAdjusts the HDI for inequality in distribution of each dimension. Higher values indicate better human development with less inequality.
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πΏ Planetary pressuresβadjusted Human Development Index
0.7 π¦πΊ|0.65 π»πͺAdjusts HDI by considering environmental sustainability. Higher values indicate better human development with lower environmental impact.