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

The latest value for GNI per capita, Atlas method (current US$) in Rwanda was 780.00 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 830.00 in 2019 and 40.00 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 40.00
1963 40.00
1964 40.00
1965 40.00
1966 40.00
1967 50.00
1968 50.00
1969 50.00
1970 60.00
1971 60.00
1972 60.00
1973 70.00
1974 80.00
1975 100.00
1976 130.00
1977 160.00
1978 180.00
1979 230.00
1980 270.00
1981 280.00
1982 270.00
1983 260.00
1984 250.00
1985 260.00
1986 290.00
1987 320.00
1988 350.00
1989 350.00
1990 350.00
1991 320.00
1992 340.00
1993 310.00
1994 150.00
1995 210.00
1996 220.00
1997 260.00
1998 260.00
1999 280.00
2000 280.00
2001 270.00
2002 260.00
2003 250.00
2004 270.00
2005 320.00
2006 360.00
2007 410.00
2008 490.00
2009 550.00
2010 600.00
2011 650.00
2012 700.00
2013 720.00
2014 740.00
2015 750.00
2016 740.00
2017 730.00
2018 780.00
2019 830.00
2020 780.00

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