Small states - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Small states was 11,188 as of 2020. Over the past 18 years, the value for this indicator has fluctuated between 13,430 in 2014 and 4,271 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
2002 4,271
2003 4,738
2004 5,615
2005 6,585
2006 7,794
2007 9,025
2008 10,263
2009 10,084
2010 10,479
2011 11,174
2012 12,316
2013 13,234
2014 13,430
2015 12,680
2016 11,768
2017 11,235
2018 11,885
2019 12,406
2020 11,188

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 11,443

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Small states was 19,476 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 21,473 in 2014 and 9,795 in 2000.

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
2000 9,795
2001 10,307
2002 10,770
2003 11,364
2004 12,208
2005 12,913
2006 14,888
2007 16,404
2008 17,554
2009 17,260
2010 18,319
2011 19,806
2012 20,959
2013 21,467
2014 21,473
2015 19,098
2016 18,756
2017 19,988
2018 20,379
2019 20,765
2020 19,476

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts