The Changing Wealth of Nations 2021 provides an updated database and rich analysis of the world’s wealth accounts spanning 146 countries, annually from 1995 to 2018. It contains the widest set of assets covered so far, including human capital broken down by gender, as well as many different forms of natural capital, spanning minerals, fossil fuels, forests, mangroves, marine fisheries and more.
- Global wealth grew significantly over the past two decades with middle-income countries catching up to high-income countries.
- New World Bank report includes estimates of human capital for the first time. Human capital is the largest component of global wealth, pointing to the need to invest in people.
- Natural capital makes up nearly half of the wealth in low income countries. More efficient, long-term management of natural resources is key to sustainable development.