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

The latest value for GNI per capita, Atlas method (current US$) in Finland was 49,800 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 50,260 in 2011 and 1,370 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 1,370
1963 1,470
1964 1,620
1965 1,810
1966 1,970
1967 2,060
1968 2,090
1969 2,270
1970 2,460
1971 2,690
1972 3,170
1973 4,030
1974 5,130
1975 6,320
1976 6,840
1977 7,190
1978 7,910
1979 9,540
1980 11,450
1981 11,980
1982 11,700
1983 10,840
1984 10,790
1985 11,130
1986 13,010
1987 16,480
1988 21,540
1989 24,110
1990 26,000
1991 25,100
1992 24,170
1993 20,680
1994 20,170
1995 22,030
1996 24,970
1997 26,680
1998 25,820
1999 26,050
2000 26,480
2001 25,850
2002 25,620
2003 28,800
2004 35,380
2005 40,230
2006 42,840
2007 46,190
2008 50,160
2009 48,950
2010 49,750
2011 50,260
2012 48,970
2013 49,510
2014 49,420
2015 47,180
2016 45,530
2017 44,840
2018 48,220
2019 49,990
2020 49,800

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