Valuing What Counts: A Framework to Progress Beyond GDP

United Nations · 2023 · Our Common Agenda Policy Brief
Publisher
United Nations, Executive Office of the Secretary-General (Our Common Agenda Policy Brief 4)
Edition
Released 2023, as an input to the 2024 Summit of the Future
Focus
Why GDP misvalues progress, and a proposal for a small dashboard of agreed indicators to complement it
Related
OECD, How’s Life? 2024, an existing multi-dimensional well-being dashboard of the kind this brief calls for

This UN policy brief makes a measurement argument the SDGs have long implied: what a society counts shapes what it does. It states plainly that GDP has become the proxy for value, wealth and progress, and that this reliance misdirects policy and finance. Its proposal is modest in form and large in ambition, a shared dashboard of a limited number of indicators that reach beyond output to well-being, inequality, human capital and the state of nature.

The headline

The brief does not ask to abolish GDP. It asks Member States to complement it with a UN “value dashboard” of a limited number of key indicators, ideally not more than 10–20, produced by an independent high-level expert group and delivered by March 2024 in preparation for the Summit of the Future. It is deliberately not a single composite score. The brief argues that harmful activity such as deforestation, overfishing and burning fossil fuels can raise GDP, while unpaid care work, the value of health and the depletion of nature go uncounted.

António Guterres, UN Secretary-General: “We need a paradigm shift in what we measure as progress, so that we can capture data on the activities and outcomes that a society truly values and then use the data to better inform our policy and financial decisions.”

The numbers

The counting angle

This is, at heart, a document about counting. The brief names GDP as a metric that was built to solve twentieth-century problems and now fails to capture the informal economy, unpaid household work, distributions and environmental loss. Its remedy is not rhetoric but statistical infrastructure: sound and disaggregated data, a Statistical Commission process to select and verify indicators, and a major capacity-building initiative so that developing countries can actually produce the new numbers. It leans on SDG target 17.19, which already calls on Member States to develop measurements of progress that complement GDP. The insight SDGCounting keeps returning to is here in explicit form, that a single summary indicator hides trade-offs, and that what is left uncounted is rarely valued or acted on.

Our read: This is the clearest statement of the “what gets counted” thesis in the UN canon, and its restraint is the point. A short, agreed dashboard is harder to ignore than 231 SDG indicators and more honest than one composite score. The open question is capacity: a dashboard is only as good as the statistical systems that feed it, and those remain thinnest exactly where the counting gaps are widest.

Watch & read

Figures are quoted as reported in the policy brief, which draws on the UN Sustainable Development Goals Report 2022 and the High-level Committee on Programmes report of the same name. Numeric ranges such as 10–20 indicators are the brief’s own framing.