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title: "Moving from a GDP-Based to a Well-being Based Metric of Economic Performance and Social Progress: Results from the Index of Economic Well-Being for OECD Countries, 1980-2009"
author:
  name: "CSLS"
  url: "https://csls.ca/author/cslc/"
date_published: "2026-07-02T13:17:22+00:00"
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  - "OECD"
  - "well-being"
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  - "OECD"
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  - "Economic Well-Being"
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# Moving from a GDP-Based to a Well-being Based Metric of Economic Performance and Social Progress: Results from the Index of Economic Well-Being for OECD Countries, 1980-2009

Canonical URL: https://csls.ca/research/moving-from-a-gdp-based-to-a-well-being-based-metric-of-economic-performance-and-social-progress-results-from-the-index-of-economic-well-being-for-oecd-countries-1980-2009/

# Moving from a GDP-Based to a Well-being Based Metric of Economic Performance and Social Progress: Results from the Index of Economic Well-Being for OECD Countries, 1980-2009

[Download full PDF report](https://csls.ca/pdf/csls2011-12-1.pdf)

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Cite this report as:

Osberg, Lars, and Andrew Sharpe. 2011. “Moving from a GDP-Based to a Well-being Based Metric of Economic Performance and Social Progress: Results from the Index of Economic Well-Being for OECD Countries, 1980-2009.” CSLS Research Report 2011-12. Ottawa: Centre for the Study of Living Standards. https://csls.ca/research/moving-from-a-gdp-based-to-a-well-being-based-metric-of-economic-performance-and-social-progress-results-from-the-index-of-economic-well-being-for-oecd-countries-1980-2009/

## Authors:

-
Lars Osberg
Department of Economics, Dalhousie University

-
Andrew Sharpe
Centre for the Study of Living Standards (CSLS)

## Report 2011-12

September 2011 79 pages

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## Abstract

## Résumé

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This report presents new estimates of the Index of Economic Well-being (IEWB) and its four domains (consumption flows, stocks of wealth, economic equality, and economic security) for 14 OECD countries for the 1980-2009 period. It finds that in 2009 Norway had the highest level of economic well-being and Spain the lowest. Canada ranked ninth among the fourteen countries. Over the 1980-2009 period Denmark enjoyed the most rapid increase in economic well-being, and the Netherlands the slowest. In all 14 countries rate of advance of the IEWB was less than that of GDP per capita. Economic well-being, therefore, has not advanced as rapidly as GDP per capita.

Ce rapport présente de nouvelles estimations de l’Indice de bien-être économique (IBEE) et de ses quatre domaines (flux de consommation, stocks de richesse, égalité économique et sécurité économique) pour 14 pays de l’OCDE pour la période 1980-2009. Il révèle qu’en 2009, la Norvège affichait le niveau de bien-être économique le plus élevé et l’Espagne, le plus faible. Le Canada s’est classé neuvième parmi les quatorze pays. Au cours de la période 1980-2009, le Danemark a connu la progression la plus rapide du bien-être économique, et les Pays-Bas, la plus lente. Dans les quatorze pays, le taux de progression de l’IBEE était inférieur à celui du PIB par habitant. Le bien-être économique n’a donc pas progressé aussi rapidement que le PIB par habitant.

[Download full PDF report](https://csls.ca/pdf/csls2011-12-1.pdf)
