The Genuine Progress Indicator (GPI) is a measure of economic progress that takes into account whether a country's economic growth has resulted in the improvement of well being and quality of life for the people living there.
The more commonly known and widely used economic progress indicator is the Gross Domestic Product (GDP) which only takes into account the total value of goods and services exchanged, and does not distinguish between less obvious costs of economic development which can have negative impacts on society.
The GPI provides a more exact way of measuring social, economic, and environmental assets thus providing a more informed measurement of true economic growth