HDI is definitely an imperfect measure of how things are going in a country. Recently, we've witnessed refugees from Venezuela trying to get into Colombia, a country whose HDI is actually lower.
The best way to look at HDI isn't as a snapshot but as a trend. If one country is dropping like a stone and its neighbour is slowly going up, then a comparison of this year's number isn't very useful - the situation is clearly dire in one and relatively stable in the other.
Since 2014 Venezuela has been dropping like a stone, and Colombia has been slowly going up...
Well, as I read in another comment section (I thought written by *you*, Quizmaster!), the HDI index is inherently delayed, due to the time required for data collection, compilation, analysis, and reporting. Not that Venezuela has exactly been heaven on earth for quite some time now, but its recent financial implosion has been fast and hard, comparatively. (I assume all HDI methodologies use a PPP-based algorithm for income now? No use having a million dollars in the bank if a cup of black coffee costs two million!)
Also look at the very limited number of countries in South America. The lowest on their list would probably rank near the top of Africa's or even Asia's list.
I'm assuming things have changed in the past 2 years? Colombia is significantly above Venezuela now (and is, in fact, roughly on par with Brazil and China).
Although Venezuela still isn't very accurate from what I can tell. More than 50% of their population lives in extreme poverty and their average income is 72 cents a day, and yet they still qualify as being in the "high human development" category, ahead of Vietnam, Morocco, India, and other quickly developing economies?
Now Venezuela is finally ranked to Middle human development countries. I don't know if they will get out of there in the near future, with their talented government, no.
Just guessing but Suriname is probably highly guessed due to the fact South America doesn't have a lot of countries. It's easier to narrow things down.
I'm not sure if they're ranked, but even if they were, they probably wouldn't be part of the bottom 5 in Asia, since they have a pretty decent life expectancy (low 70s). HDI doesn't measure things like freedom of speech and expression, so North Korea's HDI probably wouldn't be too bad.
Since 2014 Venezuela has been dropping like a stone, and Colombia has been slowly going up...
Although Venezuela still isn't very accurate from what I can tell. More than 50% of their population lives in extreme poverty and their average income is 72 cents a day, and yet they still qualify as being in the "high human development" category, ahead of Vietnam, Morocco, India, and other quickly developing economies?