New economic indicator accounts for depletion of natural resources and damage to the environment
Data Excerpts from a World Bank Report Rhett A. Butler, mongabay.com
September 18, 2005
In September 2005, the World Bank published a report, Where Is the Wealth of Nations?, that introduced a new measure of wealth that takes into account the depletion of natural resources and damage to the environment. These factors are neglected under current indicators used to guide development decisions, notably Gross Domestic Product (GDP).
Below you will find the rankings for 118 countries. At the top of the list is Switzerland with wealth per capita of $648,241. At the bottom is Ethiopia at $1,965.
All figures are from Where Is the Wealth of Nations?, a World Bank report. The figures are copyright the World Bank as is the explanatory text that follows. Further information, along with the full report in PDF form, is available at www.worldbank.org/sustainabledevelopment