Data | The World Bank. Data Catalog. Wealth Accounting Wealth Accounting supplements macroeconomic indicators, such as Gross Domestic Product (GDP), by measuring the comprehensive wealth of a country. While changes in GDP tell us if growth is occurring, changes in wealth (i.e., saving rate) tell us if growth is sustainable-that is, whether it is long-term. So, just as private companies are assessed by looking at both income and balance sheets, countries need to start accounting for wealth and not just income.
For the past 15 years, the World Bank’s Agriculture and Environmental Services Department has implemented a program to systematically measure comprehensive wealth, to include natural resources, human, and social capital, along with physical capital. SourceOECD. Research, News, M&A, Statistics, Economic Indicators, Islamic Finance - ISI Emerging Markets.
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