Total changes 1990-2008
Inclusive Wealth Index
Gross Domestic Product
Changes over 20 Years
The changes in inclusive wealth in Ecuador were primarily driven by rapid growth in human capital, which was the main factor that offset the decline in natural capital. The significant difference between IWI and GDP could be accounted for by the decline in natural capital, indicating that if economic growth is to continue, Ecuador should consider increasing all of its inclusive investments, especially in its natural capital stocks.
Human capital makes up the large majority of Ecuador’s inclusive wealth, followed by natural and produced capital.
Ecuador’s natural capital stocks are mostly made up of forest resources and fossil fuels. However, the rapid depletion of Ecuador’s forests from 1990 to 2008 accounts for the majority of the changes in their natural capital account since 1990 (base year).