Adjusted net national income (annual % growth)
Countries By Adjusted net national income (annual % growth)
Key points
- Adjusted net national income reflects the economic growth of a country after accounting for the consumption of fixed capital and depletion of natural resources.
- The data shows a wide range of performance among countries, with Ethiopia experiencing the highest growth rate of 8.31%, while The Bahamas faced a significant decline of -26.48%.
- The average adjusted net national income growth rate among the listed countries is -4.53%, indicating an overall negative trend.
- Countries like Ireland, Dominican Republic, and Greece posted double-digit negative growth rates, signaling challenging economic conditions.
- Positive growth rates in countries such as Tanzania, Côte d'Ivoire, and Ghana demonstrate resilience and potential for economic development despite global challenges.
Official Definition of Adjusted net national income (annual % growth)
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.
Importance
Adjusted net national income (annual % growth) is a crucial macroeconomic statistic for a country as it reflects the true economic performance and sustainability over time.
- Implications of a Low Value:
- Low adjusted net national income growth may indicate a decline in the country's overall economic health.
- It could suggest inefficiencies in resource management and capital utilization, leading to lower long-term economic development.
- Investors and international lenders may perceive the country as a risky investment destination, impacting foreign direct investment and access to credit.
- Implications of a High Value:
- A high adjusted net national income growth indicates sustainable economic development with efficient resource allocation.
- It reflects positive growth in national wealth after accounting for capital consumption and natural resource depletion.
- Higher values can attract investors, promote economic stability, and enhance the country's creditworthiness in the global market.
Top 10 Countries by Adjusted net national income (annual % growth)
Bottom 10 Countries by Adjusted net national income (annual % growth)
Regions
Europe
Adjusted net national income growth rates for the listed countries vary significantly, ranging from a high of 4.31% in Luxembourg to a low of -14.92% in Montenegro. Countries like Ireland, Serbia, and Ukraine show positive growth rates, indicating economic expansion, while countries like Montenegro, Spain, and Greece exhibit substantial contractions, suggesting economic challenges. Advantages of higher growth rates include increased prosperity, improved living standards, and potential for investment. However, disadvantages of negative growth rates include economic instability, reduced investor confidence, and potential for recession. This statistic influences a country's development by reflecting its economic health, guiding policymakers in formulating appropriate strategies, and impacting investor perceptions and market dynamics.
Far East: East Asia, SE Asia, Australia
The Adjusted net national income (annual % growth) statistic shows significant variation among the listed countries. Brunei and the Philippines have negative growth rates, indicating economic contraction, with the Philippines experiencing the largest decline at -11.14%. Vietnam stands out with strong growth of 4.07%, signaling economic expansion. Japan has a substantial decline at -5.37%, while China maintains a modest growth rate of 0.23%. These statistics reflect each country's economic health, with advantages such as potential for investment in growing economies like Vietnam and China, but also disadvantages like economic downturns in Brunei and the Philippines. This statistic impacts each country's development by influencing investment decisions, policy formulation, and overall economic stability.
ASEAN
Latin America
Adjusted net national income growth has varied among the listed countries, with some experiencing negative growth rates such as the Dominican Republic, Mexico, and Chile, while others like Paraguay and Bolivia have shown marginal positive growth. Countries like Uruguay and Argentina fall in between, showing moderate declines. This statistic reflects the economic health and sustainability of each country, with implications for development strategies. For instance, countries with negative growth may face challenges in maintaining their economic output and investing in infrastructure, while those with positive growth have opportunities for increased investment and development. Each country must carefully evaluate the implications of their adjusted net national income growth to create effective economic policies.
Middle East
The adjusted net national income growth rate for the selected countries varies significantly, with Lebanon experiencing the largest decline at -25.59%, followed by Qatar and Saudi Arabia at -12.18% and -11.98% respectively. Egypt, Iran, and Israel show positive growth rates, indicating economic progress. Lebanon's considerable decline reflects economic challenges, while positive rates suggest growth opportunities. Advantages of positive growth include improved standard of living and investment potential, but may also lead to inflation. Disadvantages of negative growth include economic instability and reduced investor confidence. This statistic impacts development by influencing government spending, investment decisions, and overall economic stability differently in each country.
Rivals
Anglosphere v BRICS
Adjusted net national income (annual % growth) provides insights into a country's economic performance after accounting for capital consumption and natural resource depletion. Canada, India, South Africa, and the United States exhibit negative growth rates, indicating economic challenges such as reduced productivity and sustainability concerns. On the other hand, China and New Zealand show slight positive growth, suggesting more stable economic conditions. Brazil and the Russian Federation also face negative growth, potentially indicating economic instability. While negative growth can signal economic vulnerabilities, positive growth reflects stability and potential for growth in the long term, impacting development trajectories and policy decisions in each country accordingly.
Russia v Ukraine
In terms of Adjusted net national income (annual % growth), the Russian Federation experienced a negative growth rate of -3.23%, indicating a decline in its income after accounting for capital consumption and resource depletion. Conversely, Ukraine saw a positive growth of 1.26%, suggesting an improvement in its adjusted national income. The Russian Federation's disadvantage lies in its contracting income, potentially signaling economic challenges or resource mismanagement. On the other hand, Ukraine benefits from its growth, indicating a more sustainable economic trajectory. This statistic impacts their development by influencing investment attractiveness and resource management policies, with Russia facing potential economic headwinds and Ukraine showing signs of progress and stability.
Israel v Iran
Iran experienced a 5.72% growth in Adjusted net national income, showcasing a positive economic trajectory. Meanwhile, Israel's Adjusted net national income declined by -2.46%, indicating economic contraction. Iran's growth suggests a robust economy with increasing national income after accounting for capital and resource consumption. However, this growth could be unsustainable if not managed properly, leading to overexploitation of resources. In contrast, Israel's decrease raises concerns about economic stability and potential obstacles to growth. This statistic reflects Iran's potential for economic expansion but also highlights the need for sustainable resource management. For Israel, it signifies challenges that may require structural adjustments for long-term prosperity.
Saudi Arabia v Iran
Iran has shown a 5.72% annual growth in Adjusted net national income, indicating a positive trend in economic prosperity. In contrast, Saudi Arabia has experienced a significant decline of -11.98%, suggesting economic challenges. Iran's growth could lead to increased investments in infrastructure and social programs, fostering long-term development. However, there may be risks of inflation or overheating if not managed properly. On the other hand, Saudi Arabia's decline may require austerity measures and diversification of the economy to reduce dependency on oil. This statistic highlights the diverging paths of these countries in economic performance and the need for strategic planning to ensure sustainable growth.
India v Pakistan
India experienced a significant decline in Adjusted Net National Income with a growth rate of -6.91%, indicating a contraction in economic activity. In contrast, Pakistan's Adjusted Net National Income showed a marginal decrease of -0.35%. Despite both countries facing negative growth, India's decline was more severe compared to Pakistan. The advantage for Pakistan lies in its relatively stable economic performance, while India may suffer from reduced economic output and potential implications for investment and development. This statistic suggests a need for India to address economic challenges to avoid prolonged negative impacts on development, whereas Pakistan may need to focus on maintaining its current stability to support long-term growth.
China v Japan
China's Adjusted net national income shows a positive growth rate of 0.23%, indicating a steady increase in its net income after accounting for capital consumption and resource depletion. In contrast, Japan experiences a negative growth rate of -5.37%, highlighting a decline in its adjusted net national income. China's growth reflects its robust economic activities and investments, contributing to its development. However, Japan's negative growth may signal economic challenges such as decreasing productivity or environmental concerns. This statistic suggests China's resilience and potential for further growth, while Japan may need to address underlying issues to sustain its economic health.
FAQs
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Which country has the most adjusted net national income growth?
Answer: Ethiopia has the highest adjusted net national income growth with a value of 8.31%. -
Which country has the least adjusted net national income growth?
Answer: The Bahamas has the least adjusted net national income growth with a value of -26.48%. -
What is the average adjusted net national income growth among the listed countries?
Answer: The average adjusted net national income growth among the listed countries is -4.53%.