Channel Islands - GNI per capita
GNI per capita, Atlas method (current US$)
The latest value for GNI per capita, Atlas method (current US$) in Channel Islands was 66,220 as of 2007. Over the past 7 years, the value for this indicator has fluctuated between 66,220 in 2007 and 40,720 in 2002.
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 |
|---|---|
| 2000 | 42,510 |
| 2001 | 41,460 |
| 2002 | 40,720 |
| 2003 | 43,340 |
| 2004 | 50,340 |
| 2005 | 56,280 |
| 2006 | 60,750 |
| 2007 | 66,220 |
GNI per capita (current LCU)
The value for GNI per capita (current LCU) in Channel Islands was 35,191 as of 2007. As the graph below shows, over the past 37 years this indicator reached a maximum value of 35,191 in 2007 and a minimum value of 1,015 in 1970.
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 |
|---|---|
| 1970 | 1,015 |
| 1971 | 1,161 |
| 1972 | 1,351 |
| 1973 | 1,774 |
| 1974 | 2,132 |
| 1975 | 2,435 |
| 1976 | 2,878 |
| 1977 | 3,269 |
| 1978 | 3,896 |
| 1979 | 4,311 |
| 1980 | 5,166 |
| 1981 | 5,556 |
| 1982 | 6,086 |
| 1983 | 6,699 |
| 1984 | 7,011 |
| 1985 | 7,506 |
| 1998 | 24,874 |
| 1999 | 25,997 |
| 2000 | 27,796 |
| 2001 | 28,331 |
| 2002 | 28,912 |
| 2003 | 29,280 |
| 2004 | 30,035 |
| 2005 | 30,869 |
| 2006 | 32,700 |
| 2007 | 35,191 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
