Alberta has secured the top spot in the Human Development Index (HDI) for 2021-2022 across North America, outperforming all other Canadian provinces and U.S. states.
The HDI is a composite measure developed by the United Nations. It assesses quality of life through variables such as life expectancy, education, and per capita income.
Key to Alberta’s ranking is its robust economy, largely driven by the energy sector, which has led to significant investments in social programs and infrastructure. Beyond being oil-rich, the province offers a wealth of opportunities, including competitive educational institutions and an accessible healthcare system.
Despite common narratives, Alberta’s focus on the energy sector clearly hasn’t negatively impacted its human development score. The province serves as an example that economic strength can coexist with a high standard of living.
Alberta’s top-ranking position in the HDI serves as a statistical indicator of its balanced approach to both economic and human development.
Economic Surplus
As reported in June, Alberta experienced an $11.6 billion surplus thanks to oil, gas, and low taxes, in spite of a volatile energy market, geopolitical instability, and continued recovery from the economic impacts of COVID-19.
