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The main aim of this diploma thesis is to analyze economic indicators and their construction. These indicators are used for the evaluation of the economic performance in selected states. It is very necessary to understand these indicators and their telling abilities in order to increase the living standard of the country. This thesis compares countries of the Visegrad Group and Germany, as a state with the strongest economy in Europe. The first part is focused on the theoretical description of indicators including composite indicators, which quantify the standard of living and methods, which are used for a comparison of states. The second part contains the comparison of selected countries. For this analysis are used data of economic outlooks of OECD and Eurostat Then evaluated data are used for Multi-criteria Decision Making. The result of the thesis is the evaluation of economic development in the Visegrad Group and Germany. |