BCG’s Sustainable Economic Development Assessment (SEDA) is a proprietary diagnostic tool that gives countries insight into their overall social and economic conditions.
Without a doubt, there is a connection between a country’s wealth and economic growth and improvements to its overall well-being. So rather than focusing solely on GDP per capita—the most frequently used indicator of a country’s general welfare—SEDA offers an objective measure of the relative standards of well-being experienced by people in developed and developing nations around the globe.
For each country, we look at not only the current level of well-being but also its recent progress. We also compare each country with the other 148 countries in our data set. SEDA’s analysis can then be used to better inform and shape national and local strategies and priorities.