Петрушенко, Юрій МиколайовичПетрушенко, Юрий НиколаевичPetrushenko, Yurii MykolaiovychЖуравка, Федір ОлександровичЖуравка, Федор АлександровичZhuravka, Fedir OleksandrovychShapoval, V.Хомутенко, Людмила ІванівнаХомутенко, Людмила ИвановнаKhomutenko, Liudmyla IvanivnaЖуравка, Олена СергіївнаЖуравка, Елена СергеевнаZhuravka, Olena Serhiivna2022-04-192022-04-192021Yuriy Petrushenko, Fedir Zhuravka, Vladyslav Shapoval, Lyudmila Khomutenko and Olena Zhuravka (2021). Sustainable socio-economic development and Rainbow Europe Index. Problems and Perspectives in Management, 19(4), 408-421. doi:10.21511/ppm.19(4).2021.330000-0001-8368-57430000-0002-9443-43300000-0001-9902-75770000-0002-1548-1674https://essuir.sumdu.edu.ua/handle/123456789/87571The issues of recognizing the rights of the LGBTQ+ community around the world and developing appropriate anti-discrimination policies and laws are one of the main topics for discussion in the global agenda. This is due to the commitment of the world community to protect human rights and meet the needs of society. The paper aims to assess the relationship between socio-economic development indicators of some European countries and the Rainbow Europe Index. To find out how discrimination against the LGBTQ+ community affects various social and economic development indicators of some European countries, a data matrix was developed and the Spearman rank correlation coefficient was calculated. The obtained results confirmed a positive relationship between the Rainbow Europe Index and GDP per capita, the Human Development Index, the Corruption Index, and the Index of Happiness. Calculations have shown that the Rainbow Europe Index had a significant impact on these indicators. The study proved the dependence of indicators and demonstrated the need to provide freedoms and rights for LGBTQ+ affiliated members in Ukraine and other European countries.enCC BY 4.0LGBTQ+social-economic developmentindicatorsRainbow Europe IndexGDP per capitaHuman Development IndexIndex of HappinessArticle