Total changes 1990-2008
Inclusive Wealth Index
Gross Domestic Product
Changes over 20 Years
Changes in inclusive wealth were primarily driven by increases in human and produced capital, which were the main factors that offset the decline in natural capital. However, the significant difference between IWI and GDP can partially be attributed to the decline in natural capital.
Inclusive wealth in the UK is quite disproportionately distributed with human capital accounting for 90 percent, followed distantly by produced and natural capital.
At 1 percent, the UK is also amongst the countries with the lowest share of natural capital. However, the UK has experienced a significant decline in their fossil fuel base, which has contributed to the majority of the negative decline in its natural capital base. Though their oil resources are being depleted, there has been an increase in forest stocks, which increased their natural capital base and put the UK on a more sustainable trajectory.