European Union - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in European Union was 34,260 as of 2020. Over the past 48 years, the value for this indicator has fluctuated between 36,000 in 2019 and 2,413 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 2,413
1973 3,093
1974 3,832
1975 4,424
1976 4,690
1977 5,030
1978 5,700
1979 7,049
1980 8,436
1981 8,348
1982 7,551
1983 6,717
1984 6,523
1985 6,533
1986 7,555
1987 9,659
1988 12,520
1989 13,414
1990 14,447
1991 15,444
1992 17,323
1993 17,057
1994 17,533
1995 18,514
1996 19,634
1997 19,674
1998 18,889
1999 18,611
2000 18,528
2001 17,836
2002 17,521
2003 19,779
2004 24,060
2005 27,643
2006 29,631
2007 31,682
2008 34,456
2009 34,615
2010 34,805
2011 35,263
2012 34,544
2013 34,849
2014 34,817
2015 33,421
2016 32,200
2017 31,863
2018 34,586
2019 36,000
2020 34,260

GNI per capita (constant 2010 US$)

The latest value for GNI per capita (constant 2010 US$) in European Union was 31,091 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 33,156 in 2019 and 13,469 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 constant 2010 U.S. dollars.

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

See also:

Year Value
1970 13,469
1971 13,805
1972 14,347
1973 15,109
1974 15,497
1975 15,255
1976 15,914
1977 16,272
1978 16,679
1979 17,263
1980 17,536
1981 17,496
1982 17,556
1983 17,775
1984 18,187
1985 18,591
1986 19,047
1987 19,522
1988 20,285
1989 20,998
1990 21,595
1991 21,966
1992 22,133
1993 21,930
1994 22,370
1995 22,921
1996 23,351
1997 23,942
1998 24,586
1999 25,337
2000 26,274
2001 26,738
2002 26,874
2003 27,018
2004 27,694
2005 28,159
2006 29,133
2007 29,848
2008 29,868
2009 28,645
2010 29,267
2011 29,896
2012 29,696
2013 29,635
2014 29,979
2015 30,473
2016 31,073
2017 31,930
2018 32,608
2019 33,156
2020 31,091

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in European Union was -6.23 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 5.31 in 1973 and a minimum value of -6.23 in 2020.

Definition: Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1971 2.49
1972 3.93
1973 5.31
1974 2.57
1975 -1.56
1976 4.31
1977 2.25
1978 2.50
1979 3.50
1980 1.58
1981 -0.23
1982 0.35
1983 1.25
1984 2.32
1985 2.22
1986 2.46
1987 2.49
1988 3.91
1989 3.51
1990 2.84
1991 1.72
1992 0.76
1993 -0.92
1994 2.00
1995 2.46
1996 1.88
1997 2.53
1998 2.69
1999 3.05
2000 3.70
2001 1.77
2002 0.51
2003 0.54
2004 2.50
2005 1.68
2006 3.46
2007 2.46
2008 0.07
2009 -4.10
2010 2.17
2011 2.15
2012 -0.67
2013 -0.20
2014 1.16
2015 1.65
2016 1.97
2017 2.76
2018 2.13
2019 1.68
2020 -6.23

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in European Union was 44,806 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 46,141 in 2019 and 14,726 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 14,726
1991 15,413
1992 15,886
1993 16,151
1994 16,880
1995 17,712
1996 18,327
1997 19,040
1998 19,900
1999 20,733
2000 22,053
2001 23,085
2002 24,025
2003 24,551
2004 25,752
2005 26,749
2006 29,107
2007 30,874
2008 32,267
2009 31,769
2010 32,826
2011 34,456
2012 34,993
2013 36,188
2014 37,123
2015 38,110
2016 40,539
2017 42,672
2018 44,738
2019 46,141
2020 44,806

GNI per capita, PPP (constant 2011 international $)

The latest value for GNI per capita, PPP (constant 2011 international $) in European Union was 41,698 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 44,443 in 2019 and 28,632 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 constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 28,632
1991 29,060
1992 29,248
1993 28,985
1994 29,553
1995 30,294
1996 30,888
1997 31,634
1998 32,481
1999 33,434
2000 34,672
2001 35,310
2002 35,540
2003 35,754
2004 36,667
2005 37,352
2006 38,670
2007 39,657
2008 39,810
2009 38,221
2010 38,977
2011 39,785
2012 39,530
2013 39,464
2014 39,954
2015 40,651
2016 41,479
2017 42,672
2018 43,637
2019 44,443
2020 41,698

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts