Research · Human Wellbeing & Ecological Sustainability · Nordic Countries · 2000–2022

Wellbeing Economy: Beyond-GDP Data Analysis in Nordics 2000–2022

Main findings from my quantitative research: how three “beyond-GDP” measures of human wellbeing (Human Development Index, Social Progress Index, SDG Index) relate to the Ecological Footprint and Biocapacity across the five Nordic countries, 2000–2022. Built on the National Footprint & Biocapacity Accounts I compiled. The wider mapping of each Nordic country’s national wellbeing framework against the OECD Wellbeing dimensions and the UN SDG framework is in the full write-up (linked at the bottom). An interactive summary. By Marina Ermina, MA Environment & Natural Resources, University of Iceland.

Period:
Wellbeing indicator:

The analysis — wellbeing indicators vs the ecological account

This is a quantitative comparison. For the five Nordic countries across 2000–2022, it sets three “beyond-GDP” measures of human wellbeing — the Human Development Index (HDI), the Social Progress Index (SPI) and the SDG Index (SDGI) — against the Ecological Footprint and Biocapacity from the National Footprint & Biocapacity Accounts I compiled. It asks, in turn: how each country scores on wellbeing and on its ecological account; whether the footprint decouples from rising wellbeing over time; how strongly each index correlates with the footprint (Pearson r); and — looking past the flattering headline scores — which individual SPI and SDGI indicators quietly underperform.

Indicator snapshot —

Each value shown against the world benchmark. The idea: judge progress not by one number (like GDP) but by a set of wellbeing indicators alongside the ecological account.

The Nordic paradox — high wellbeing, high footprint

Selected wellbeing indicator (switch HDI / SPI / SDGI above) vs Ecological Footprint per capita. The dashed line is Earth’s biocapacity per person — a “one-planet” fair share; every Nordic country sits far to its right.

Indicator:

Ecological balance

Footprint (consumption) vs Biocapacity (regeneration), per capita — selected period. Red = ecological deficit.

Signs of decoupling? Wellbeing up, footprint down

Trend across the three periods for : the selected wellbeing indicator rising while Ecological Footprint per capita falls. Each series has its own axis (left / right) so they read independently.

Indicator:

Wellbeing vs footprint — correlation

Pearson correlation with Ecological Footprint, by country.

Inside the indices — where the headline scores hide problems indicator-level

Overall SPI (~90) and SDG Index (~78–86) make all five Nordics look uniformly excellent. Disaggregating to the indicator level tells a different story: a consistent set of weak spots — housing affordability, health, diet, and the environmental / global-responsibility goals — that a single number hides entirely.

Index:
How to read:Weakest performance (<36)Low–moderate (37–55)Moderate–good (56–69)High performance (70+)

Behind the numbers — data & SQL methods

These are excerpts from my actual analysis SQL — multi-CTE statistical queries joining three MySQL databases: the National Footprint & Biocapacity Accounts I produced, plus the HDI and SDG-Index tables. The full analysis lives in CLUSTER.sql and All_research_ideas.sql.

5Nordic countries (of ~180 in DB)
2000–20223 periods
HDI · SPI · SDGI · EFindicators
3MySQL databases joined
MySQL · Python · Rtoolchain

What the data shows

Averages flatter the Nordics. A GDP-style single score would call them a success. Setting three wellbeing indices (HDI, Social Progress, SDG Index) against the Ecological Footprint shows the fuller picture: world-leading wellbeing, a real decoupling signal (footprint falling as wellbeing rises), but persistent ecological overshoot — extreme in Iceland, whose footprint runs many times its biocapacity.

But drilling deeper flips the picture. The detailed indicators expose clear failures in specific places — land and water (SDG 14 & 15), consumption and the impacts embodied in imports (SDG 12 — from e-waste to imported deforestation), and housing. A single headline score hides every one of them — which is exactly why the disaggregated, beyond-GDP view of the data matters.

Further reading: the full analysis — including the mapping of each Nordic country’s national wellbeing framework onto the OECD Wellbeing dimensions and the UN SDGs — is in the thesis: Exploring Indicators of Human Wellbeing and Ecological Sustainability in the Nordic Countries →

Data source: Ermina, M. (2025), Exploring Indicators of Human Wellbeing and Ecological Sustainability in the Nordic Countries, MA thesis, University of Iceland — Tables 16, 18 & 22. Underlying indicators: Ecological Footprint & Biocapacity (Global Footprint Network / NFBA); Human Development Index (UNDP); Social Progress Index (Social Progress Imperative); SDG Index (SDSN). Earth biocapacity reference ≈ global BC per capita from the same accounts.
Method & tools: indicators assembled in MySQL, analysed in R, and reproduced in Python (nordic_analysis.py), then visualised here as an interactive summary. Full indicator tables are in the thesis appendix.