Key Numbers

Total changes 1990-2008

 

18%

Inclusive Wealth Index

120%

Gross Domestic Product

-31%

Natural Capital

168%

Manufactured Capital

24%

Human Capital

 

Changes over 20 Years

India experienced very strong growth in GDP over the time period assessed, whereas IWI showed more modest growth. The significant difference between the two indicators may be attributed to the decline in natural capital. Additionally, the positive changes in India’s inclusive wealth appear to be primarily driven by rapid growth in produced capital, which was able to offset the decline in natural capital.

Overall per-capita changes in IWI, GDP, manufactured, human, and natural capital

Overall per-capita changes in IWI, GDP, manufactured, human, and natural capital


Wealth Composition

 
Composition of India’s inclusive wealth

Composition of India’s inclusive wealth

Inclusive Wealth

While India’s positive IWI is primarily driven by increases in produced capital, it only makes up 18% on average of India’s total capital stock. The majority of India’s inclusive wealth lies in its human and natural capital.

Composition of India’s natural capital

Composition of India’s natural capital

Natural Capital

India’s natural capital base is primarily made up of agricultural land and fossil fuels. These resources have been steadily depleted and rapid population growth has significantly exacerbated the situation.