--- canonical_url: "https://csls.ca/research/the-index-of-economic-well-being-for-newfoundland-and-labrador-1981-2018/" title: "The Index of Economic Well-being for Newfoundland and Labrador, 1981-2018" author: name: "CSLS" url: "https://csls.ca/author/cslc/" date_published: "2026-07-02T10:39:01+00:00" date_modified: "2026-07-02T10:39:01+00:00" post_type: "research" summary: "" post_tag: - "consumption flows" - "economic equality" - "economic security" - "IEWB" - "Index of Economic Well-Being" - "Newfoundland and Labrador" - "wealth" country_focus: - "Canada" province_region: - "NL" research_theme: - "Economic Well-Being" - "Regional Economic Development" featured_image: "https://csls.ca/wp-content/uploads/2026/07/old-reports_hero_banner_bg.webp" status: "publish" --- # The Index of Economic Well-being for Newfoundland and Labrador, 1981-2018 Canonical URL: https://csls.ca/research/the-index-of-economic-well-being-for-newfoundland-and-labrador-1981-2018/ # The Index of Economic Well-being for Newfoundland and Labrador, 1981-2018 [Download full PDF report](https://csls.ca/pdf/csls2020-05-1.pdf) Cite this report × Cite this report as: Wong, Kimberly, Alex Stephens, and Andrew Sharpe. 2020. “The Index of Economic Well-being for Newfoundland and Labrador, 1981-2018.” CSLS Research Report 2020-05. Ottawa: Centre for the Study of Living Standards. https://csls.ca/research/the-index-of-economic-well-being-for-newfoundland-and-labrador-1981-2018/ ## Authors: - Kimberly Wong Atlantic Institute for Policy Research, University of New Brunswick - Alex Stephens Centre for the Study of Living Standards (CSLS) - Andrew Sharpe Centre for the Study of Living Standards (CSLS) ## Report 2020-05 August 2020 77 pages ## Related research [Living Standards Domain of the Canadian Index of Wellbeing Andrew Sharpe, Christopher Ross November 2011 | Report 2011-17 | 124 pages](https://csls.ca/research/living-standards-domain-of-the-canadian-index-of-wellbeing-2011-17/) [A Survey of Indicators of Economic and Social Well-being Andrew Sharpe July 1999 | Report 1999-cprn | 72 pages](https://csls.ca/research/a-survey-of-indicators-of-economic-and-social-well-being/) [Human Well-being and Economic Well-being: What Values Are Implicit in Current Indices? 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We find that the IEWB for Newfoundland and Labrador increased at an average annual rate of 1.75 per cent per year over the period. All four domains grew between 1981 and 2018, with the strongest growth in consumption and wealth. However, at the end of the period between 2014 and 2018, the IEWB along with the four domains deteriorated. Nevertheless, Newfoundland and Labrador enjoyed significant improvement between 1981 and 2018, especially compared to the other provinces. Newfoundland and Labrador achieved the fourth highest IEWB level of the ten provinces in 2018 and, most impressively, the highest growth between 1981 and 2018. Ce rapport présente des estimations de l’Indice de bien-être économique (IBEE) et de ses quatre domaines (flux de consommation, stocks de richesse, égalité économique et sécurité économique) pour Terre-Neuve-et-Labrador de 1981 à 2018. Nous constatons que l’IBEE de Terre-Neuve-et-Labrador a augmenté à un taux annuel moyen de 1,75 % par année sur la période. Les quatre domaines ont progressé entre 1981 et 2018, la croissance la plus forte étant observée dans les domaines de la consommation et de la richesse. Toutefois, à la fin de la période, entre 2014 et 2018, l’IBEE ainsi que les quatre domaines se sont détériorés. Néanmoins, Terre-Neuve-et-Labrador a connu une amélioration importante entre 1981 et 2018, particulièrement par rapport aux autres provinces. Terre-Neuve-et-Labrador a affiché le quatrième niveau d’IBEE le plus élevé parmi les dix provinces en 2018 et, fait notable, la croissance la plus forte entre 1981 et 2018. [Download full PDF report](https://csls.ca/pdf/csls2020-05-1.pdf)