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

The latest value for GNI per capita, Atlas method (current US$) in Low income was 668.82 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between 1,055.56 in 2010 and 398.43 in 1999.

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
1992 489.56
1993 460.81
1994 401.10
1995 402.13
1996 404.71
1997 415.11
1998 403.57
1999 398.43
2000 403.38
2001 421.96
2002 444.45
2003 481.52
2004 550.28
2005 616.45
2006 693.53
2007 793.40
2008 911.44
2009 997.44
2010 1,055.56
2011 826.52
2012 713.35
2013 685.27
2014 705.07
2015 686.98
2016 662.94
2017 649.39
2018 659.11
2019 683.21
2020 668.82

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