Adjusted net national income per capita (constant 2015 US$)

Adjusted net national income complements gross national income (GNI) in assessing economic progress (Hamilton and Ley 2010) by providing a broader measure of national income that accounts for the depletion of natural resources. Adjusted net national income is calculated by subtracting from GNI a charge for the consumption of fixed capital (a calculation that yields net national income) and for the depletion of natural resources. The deduction for the depletion of natural resources, which covers net forest depletion, energy depletion, and mineral depletion, reflects the decline in asset values associated with the extraction and harvesting of natural resources. This is analogous to depreciation of fixed assets. Growth rates of adjusted net national income are computed from constant price series deflated using the gross national expenditure (formerly domestic absorption) deflator.

Definition:

Not available

Food system outcome type: economic impacts

Category: FoodAffordability

Unit(s) of measurement description:

constant 2015 US$; weighted average

Unit of measurement:

• Not specified

Supply chain components:

• consumption

• retail