Adjusted net national income per capita (current US$)

This economic indicator offers a nuanced perspective on a nation's financial well-being by measuring the total income generated by residents, adjusted for the depreciation of physical assets and the depletion of natural resources. By subtracting the consumption of fixed capital—essentially the wear and tear of infrastructure, machinery, and buildings—alongside the loss of natural capital, it provides a clearer view of sustainable economic performance. This refined calculation not only reflects the monetary capacity of the citizenry but also emphasizes the importance of environmental stewardship and resource management. Thus, it serves as a crucial tool for policymakers aiming to balance economic growth with ecological sustainability, leading to a more holistic understanding of a country's development trajectory. Source: