Adjusted net national income per capita (constant 2015 US$)

This economic indicator reflects the overall health of a nation’s economy by quantifying the income available per individual after accounting for the wear and tear of fixed capital and the depletion of natural resources. By providing a per capita measure, it allows for a more nuanced understanding of economic prosperity and sustainability, indicating how much of the country's wealth is genuinely available for enhancing living standards. By using constant 2015 US dollars, it ensures comparability over time, eliminating the effects of inflation. This metric plays a crucial role in assessing long-term economic viability and the responsible management of natural resources, signaling to policymakers the balance between economic growth and environmental sustainability. Source: