Sustainable Development Indicators Under Analysis of European Union Member States and Ukraine

Abstract

Recently, the sustainable development concept became a crucial issue for every country of the world. Ukraine isn't exception. The main idea of sustainable development is to find a model that would balance the economic development, social sustainability and environmental challenges. In this study, we selected indicators and indexes to measure the achievement of sustainable development goals in Ukraine and the EU countries. These calculations allow to group countries and evaluate their effectiveness. The comparative analysis concludes that the level of sustainable development can be well described on the basis of a limited set of diagnostic features. Set of indicators must be individual for every country in order to obtain representative data. Keywords: sustainability indicators, European Union, GDP per capita based on purchasing power parity, social development, economic inequality, Gini index 2. BACKGROUND One of the many accessible indicators, that characterizes the social and economic development is the gross domestic