Australia - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Australia was 53,680 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 66,050 in 2013 and 1,870 in 1962.

Definition: GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1962 1,870
1963 1,970
1964 2,110
1965 2,270
1966 2,350
1967 2,540
1968 2,730
1969 2,980
1970 3,270
1971 3,470
1972 3,890
1973 4,650
1974 5,950
1975 7,220
1976 7,870
1977 8,080
1978 8,470
1979 9,600
1980 10,830
1981 11,870
1982 12,080
1983 11,590
1984 12,030
1985 12,010
1986 12,300
1987 12,550
1988 14,120
1989 15,590
1990 17,330
1991 18,220
1992 18,540
1993 18,900
1994 18,860
1995 19,290
1996 20,480
1997 21,930
1998 21,780
1999 21,440
2000 21,130
2001 20,160
2002 20,030
2003 21,170
2004 25,570
2005 30,390
2006 34,150
2007 37,340
2008 42,360
2009 44,050
2010 46,690
2011 50,380
2012 60,260
2013 66,050
2014 65,180
2015 60,490
2016 54,090
2017 51,480
2018 53,070
2019 54,910
2020 53,680

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in Australia was 75,520 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 75,520 in 2020 and a minimum value of 1,619 in 1960.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,619
1961 1,675
1962 1,661
1963 1,751
1964 1,903
1965 2,043
1966 2,088
1967 2,287
1968 2,410
1969 2,632
1970 2,917
1971 3,086
1972 3,366
1973 3,726
1974 4,383
1975 5,140
1976 5,939
1977 6,731
1978 7,229
1979 8,082
1980 9,067
1981 10,173
1982 11,366
1983 12,230
1984 13,582
1985 14,725
1986 15,982
1987 17,274
1988 19,255
1989 21,292
1990 22,875
1991 23,050
1992 23,246
1993 24,461
1994 25,546
1995 26,474
1996 27,849
1997 29,031
1998 30,478
1999 31,783
2000 33,552
2001 35,368
2002 37,406
2003 39,202
2004 41,675
2005 43,654
2006 46,363
2007 49,896
2008 53,199
2009 56,071
2010 56,841
2011 60,924
2012 63,967
2013 64,780
2014 66,316
2015 66,771
2016 66,915
2017 69,571
2018 71,461
2019 74,271
2020 75,520

GNI per capita (constant 2010 US$)

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2015 55,555

GNI per capita (constant LCU)

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2020 75,520

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Australia was 52,230 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 52,230 in 2020 and 16,760 in 1990.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 16,760
1991 17,100
1992 17,500
1993 18,640
1994 19,640
1995 20,200
1996 21,230
1997 22,200
1998 23,450
1999 24,510
2000 25,580
2001 26,670
2002 27,990
2003 28,970
2004 30,510
2005 31,440
2006 33,030
2007 34,970
2008 35,970
2009 38,870
2010 37,810
2011 40,320
2012 41,530
2013 44,760
2014 45,660
2015 45,310
2016 46,140
2017 47,090
2018 48,600
2019 50,090
2020 52,230

GNI per capita, PPP (constant 2011 international $)

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2017 47,085

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts