Adjusted net national income (current US$)

This economic indicator measures a country's overall income by adjusting gross national income (GNI) to account for essential deductions, specifically the depreciation of fixed capital and the depletion of natural resources. By subtracting consumption related to these factors, it provides a more accurate representation of sustainable economic well-being, reflecting the true health of an economy beyond simple income figures. This adjusted metric emphasizes the importance of sustainable practices and resource management, as it suggests that a significant portion of income may not contribute to long-term growth if it fails to consider the finite nature of capital and environmental assets. Thus, it serves as a valuable tool for policymakers dedicated to fostering sustainable development and responsible resource use. Source: