How do you determine a country's level of economic development using economic indicators?

A country's level of economic development can be assessed using various economic indicators, such as Gross Domestic Product (GDP) per capita, which reflects the average income per person, indicating overall economic productivity. Other important indicators include the Human Development Index (HDI), which combines life expectancy, education level, and income, and the Gini coefficient, which measures income inequality. Additionally, metrics like unemployment rates and poverty levels provide insights into the economic well-being of the population. By analyzing these indicators collectively, one can gauge the relative development and quality of life within a country.