The Inclusive Wealth Index (IWI) is a sustainable development and economic progress metric that transcends the conventional means of measuring a nation's prosperity. This innovative metric offers a holistic portrayal of a country's affluence and welfare by considering three fundamental elements: natural, human, and produced capital. By synthesizing these factors, the IWI presents a unified and accessible assessment of the multifaceted dimensions inherent to the Sustainable Development Goals (SDGs).
Source:
phys.org