Austria - GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Austria was 48,360 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 51,010 in 2019 and 1,060 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 1,060
1963 1,140
1964 1,240
1965 1,340
1966 1,470
1967 1,560
1968 1,680
1969 1,850
1970 2,070
1971 2,320
1972 2,760
1973 3,580
1974 4,650
1975 5,540
1976 5,980
1977 6,660
1978 7,540
1979 9,620
1980 11,460
1981 11,180
1982 10,380
1983 9,600
1984 9,270
1985 9,360
1986 10,820
1987 13,810
1988 18,070
1989 19,300
1990 20,630
1991 21,810
1992 24,520
1993 24,870
1994 26,140
1995 28,190
1996 30,090
1997 29,560
1998 27,970
1999 27,080
2000 26,810
2001 25,320
2002 25,030
2003 28,100
2004 33,850
2005 38,770
2006 41,500
2007 44,540
2008 49,210
2009 49,150
2010 49,750
2011 50,700
2012 50,100
2013 50,720
2014 50,390
2015 47,480
2016 46,240
2017 45,040
2018 49,010
2019 51,010
2020 48,360

Statistical Concept and Methodology: The World Bank uses Atlas method GNI per capita in U.S. dollars to classify countries for analytical purposes and to determine borrowing eligibility. For more information, see the metadata for Atlas method GNI in current U.S. dollars (NY.GNP.ATLS.CD) and total population (SP.POP.TOTL).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts