GDP as an indicator of living standards - reality and myths

I've always wondered if GDP is it really an objective indicator of the country's standard of living, especially when many people always put its annual growth as the main criterion for achieving the economy? Is GDP growth always positive for the end user?

Everything depends on the fact that we can produce a lot and without any special problems - thank God, there are enough resources (forests, oil, gas, fertilizers, metal, etc.), but is this the growth of citizens' solvency and their wealth if it is not sold? I think not.

And sometimes unjustified GDP growth can only contribute to increasing the country's debt burden, which will subsequently affect the decline in the welfare of citizens, rather than its growth, due to the need to raise taxes and reduce budget expenditures.

All this means that GDP is just an economic criterion of the country's development potential, but by no means financial.