Total changes 1990-2008
Inclusive Wealth Index
Gross Domestic Product
Changes over 20 Years
Japan is the only country assessed that experienced an increase in natural capital stocks. Given that when we look at the composition of Japan’s inclusive wealth below, we see that natural capital only constituted 1 percent of the nation’s capital base, changes in inclusive wealth can primarily be attributed to changes in produced and human capital.
Human capital makes up the large majority of Japan’s inclusive wealth, followed by produced and to a much lesser extent natural capital.
Japan’s natural capital stocks are mostly made up of agricultural land and forest resources. While agricultural land was steadily declining since 1990, forest resources increased and were the primary reason for the country’s positive natural capital growth rate.