Gross Domestic Product (GDP): A measure of the total value of goods and services produced within a country's borders over a specific time period. It is often used as an indicator of economic development.
Human Development Index (HDI): A composite index that measures factors such as life expectancy, education level, and income per capita to assess overall societal well-being beyond just economic indicators.
Foreign Direct Investment (FDI): Investments made by individuals or companies from one country into another country's businesses or infrastructure with the aim of promoting economic development.