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

The latest value for GNI per capita, Atlas method (current US$) in Euro area was 38,125 as of 2020. Over the past 48 years, the value for this indicator has fluctuated between 40,384 in 2011 and 2,899 in 1972.

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
1972 2,899
1973 3,724
1974 4,623
1975 5,330
1976 5,652
1977 6,071
1978 6,892
1979 8,549
1980 10,265
1981 10,166
1982 9,204
1983 8,204
1984 7,974
1985 7,987
1986 9,230
1987 11,816
1988 15,367
1989 16,473
1990 17,758
1991 18,997
1992 21,317
1993 20,989
1994 21,526
1995 22,654
1996 23,912
1997 23,860
1998 22,815
1999 22,413
2000 22,210
2001 21,291
2002 20,777
2003 23,374
2004 28,385
2005 32,459
2006 34,590
2007 36,746
2008 39,611
2009 39,760
2010 39,884
2011 40,384
2012 39,316
2013 39,503
2014 39,388
2015 37,741
2016 36,360
2017 35,888
2018 38,870
2019 40,308
2020 38,125

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