Adjusted net national income (current US$) - Country Ranking - Africa

Definition: Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.

Source: World Bank staff estimates based on sources and methods described in "The Changing Wealth of Nations 2018: Building a Sustainable Future" (Lange et al 2018).

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Nigeria 357,552,000,000.00 2019
2 South Africa 284,723,000,000.00 2019
3 Egypt 262,532,000,000.00 2019
4 Algeria 134,071,000,000.00 2019
5 Morocco 103,855,000,000.00 2019
6 Ethiopia 83,402,650,000.00 2019
7 Kenya 78,444,060,000.00 2019
8 Ghana 55,740,410,000.00 2019
9 Tanzania 54,467,450,000.00 2019
10 Côte d'Ivoire 54,400,000,000.00 2019
11 Angola 54,113,140,000.00 2019
12 Dem. Rep. Congo 43,999,000,000.00 2019
13 Libya 43,474,670,000.00 2019
14 Tunisia 36,456,370,000.00 2019
15 Cameroon 32,657,600,000.00 2019
16 Uganda 29,632,900,000.00 2019
17 Sudan 23,654,830,000.00 2019
18 Senegal 20,805,240,000.00 2019
19 Zambia 18,736,970,000.00 2019
20 Zimbabwe 17,695,830,000.00 2019
21 Mali 15,677,720,000.00 2019
22 Mauritius 14,012,750,000.00 2019
23 Burkina Faso 13,670,820,000.00 2019
24 Botswana 12,941,480,000.00 2019
25 Benin 12,492,900,000.00 2019
26 Niger 12,269,670,000.00 2019
27 Madagascar 12,243,010,000.00 2019
28 Mozambique 11,595,940,000.00 2019
29 Gabon 10,870,680,000.00 2019
30 Guinea 10,773,310,000.00 2019
31 Namibia 10,481,530,000.00 2019
32 Rwanda 8,415,592,000.00 2019
33 Chad 8,358,961,000.00 2019
34 Malawi 6,763,695,000.00 2019
35 Mauritania 6,375,431,000.00 2019
36 Togo 4,984,902,000.00 2019
37 Equatorial Guinea 4,477,596,000.00 2019
38 Sierra Leone 3,722,034,000.00 2019
39 Congo 3,540,579,000.00 2019
40 Eswatini 3,352,624,000.00 2019
41 Djibouti 2,845,724,000.00 2019
42 Lesotho 2,402,967,000.00 2019
43 Burundi 2,304,821,000.00 2019
44 Central African Republic 1,919,331,000.00 2019
45 Liberia 1,874,158,000.00 2019
46 Cabo Verde 1,648,441,000.00 2019
47 Eritrea 1,442,113,000.00 2011
48 The Gambia 1,437,208,000.00 2019
49 Seychelles 1,424,098,000.00 2019
50 Guinea-Bissau 1,367,498,000.00 2019
51 Comoros 1,045,290,000.00 2019
52 São Tomé and Principe 313,051,100.00 2019

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Development Relevance: Adjusted net national income is particularly useful in monitoring low-income, resource-rich economies, like many countries in Sub-Saharan Africa, because such economies often see large natural resources depletion as well as substantial exports of resource rents to foreign mining companies. For recent years adjusted net national income gives a picture of economic growth that is strikingly different from the one provided by GDP. The key to increasing future consumption and thus the standard of living lies in increasing national wealth - including not only the traditional measures of capital (such as produced and human capital), but also natural capital. Natural capital comprises such assets as land, forests, and subsoil resources. All three types of capital are key to sustaining economic growth. By accounting for the consumption of fixed and natural capital depletion, adjusted net national income better measures the income available for consumption or for investment to increase a country's future consumption.

Limitations and Exceptions: Adjusted net national income differs from the adjustments made in the calculation of adjusted net savings, by not accounting for investments in human capital or the damages from pollution. Thus, adjusted net national income remains within the boundaries of the United Nations System of National Accounts (SNA). The SNA includes non-produced natural assets (such as land, mineral resources, and forests) within the asset boundary when they are under the effective control of institutional units. The calculation of adjusted net national income, which accounts for net forest, energy, and mineral depletion, as well as consumption of fixed capital, thus remains within the SNA boundaries. This point is critical because it allows for comparisons across GDP, GNI, and adjusted net national income; such comparisons reveal the impact of natural resource depletion, which is otherwise ignored by the popular economic indicators.

Statistical Concept and Methodology: 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.

Aggregation method: Gap-filled total

Periodicity: Annual