Owned by a nation at a point in time, this is the nation’s total monetary value. It is made up of the nation’s capital, goods, and services, including net foreign balance and tangible assets. Net worth or net wealth is calculated as gross assets minus liabilities. The nation’s overall economic analysis and planning uses this number. Also known as national net worth.

More On This Topic

Link to This Definition
Did you find this definition of NATIONAL WEALTH helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary