Indicator database

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    Adjusted net national income per capita (current US$)

    Adjusted net national income per capita is adjusted net national income (NNI) divided by number of people in the country.

    Adjusted NNI is Gross National Income (GNI) minus consumption of fixed capital and natural resources depletion.

    GNI is the sum of value added by all producers who are residents in a nation, plus any product taxes (minus subsidies) not included in output, plus income received from abroad such as employee compensation and property income.

    Investment by institutional sectors

    The percentage of GDP that is used for gross investment in the economy. It includes investment in the acquisition, improvement of, or additions to fixed assets held by government, business and household sectors.

    Labour taxes, % GDP

    Taxes on labour, probably including social security, as percentage of GDP

    Intangible fixed assets (net)

    Intangible fixed assets (net) are immaterial assets (e.g. computer software).
    The concept and the numbers are based on National Accounts and a component of total fixed assets (net).
    (for more information: Eurostat, http://ec.europa.eu/eurostat/cache/metadata/en/nama_esms.htm, 23-01-2015)

    Total fixed assets (net)

    Total fixed assets (net) is a concept of the annual national accounts. It is the sum of the following asset types:
    "Cultivated assets (AN.1114), Transport equipment (AN.11131), Other machinery and equipment (AN.11132), Dwellings (AN.1111), Other buildings and structures (AN.1112), Intangible fixed assets (AN.112).

    More detailed information can be found in annex 7.1 of ESA95." (Eurostat, http://ec.europa.eu/eurostat/cache/metadata/en/nama_esms.htm, 22-01-2015)

    Green investments (to capture potential source of transformational change)

    The Green Transition Scoreboard tracks private sector investments in the global economy, relevant to renewable energy, energy efficiency, water (2014 theme), research and development and green technologies (i.e. clean tech).

    Foreign direct investment, net outflows (% of GDP)

    "Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net outflows of investment from the reporting economy to the rest of the world and is divided by GDP."

    Legatum Prosperity Index

    The Prosperity Index is a global measurement of prosperity based on both income and wellbeing. The Index analysed the countries across 8 sub-indices – Economy, Entrepreneurship & Opportunity, Governance, Education, Health, Safety & Security, Personal Freedom and Social Capital.

    Global Competitiveness Index

    The Global Competitiveness Index measures the microeconomic and macroeconomic characteristics that underpin national competitiveness.

    Retrieved from, http://www.weforum.org/reports/global-competitiveness-report-2014-2015, 06.03.2015

    GDP per capita (current US$)

    "GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars."

    (Worldbank, http://data.worldbank.org/indicator/NY.GDP.PCAP.CD, 2014-12-11)

    Price level ratio of PPP conversion factor (GDP) to market exchange rate

    Price level ratio of PPP conversion factor (GDP) to market exchange rate tells “how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.”
    (World Bank, http://data.worldbank.org/indicator/PA.NUS.PPPC.RF (link is external), 20-01-2015)

    Turnover in eco-industries

    The indicator calculates the share of the Eco-industry turnover of total GDP.

    Data for 2004 are taken from the Ernst&Young Study (2006): Eco-industry, its size, employment, perspectives and barriers to growth in an enlarged EU",
    Data for 2008 comes from Ecorys et al. (2009): "Study on the Competitiveness of the EU eco-industry"
    Data for 2012 is based on Thomson One database.

    Retrieved from, http://database.eco-innovation.eu/indicators/view/288/1, 26.3.2014

    Socio-Economic outcomes

    The indicator comprises socio-economic outcomes, representing one of five thematic groupings in the Eco-Innovation Scoreboard. The index for this area is calculated based on three indicators: Exports of products from eco-industries (% of total exports), employment in eco-industries (% of total workforce) and turnover in eco-industries.