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

The latest value for GNI per capita, Atlas method (current US$) in Sweden was 54,050 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 61,870 in 2014 and 2,310 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 2,310
1963 2,490
1964 2,740
1965 2,960
1966 3,190
1967 3,460
1968 3,770
1969 4,100
1970 4,690
1971 4,990
1972 5,670
1973 7,050
1974 8,580
1975 10,160
1976 10,720
1977 11,290
1978 12,460
1979 14,790
1980 17,300
1981 17,530
1982 15,760
1983 13,550
1984 13,020
1985 13,080
1986 15,330
1987 19,360
1988 24,190
1989 26,090
1990 27,760
1991 29,110
1992 31,340
1993 28,200
1994 27,690
1995 28,070
1996 30,400
1997 31,390
1998 31,110
1999 31,300
2000 31,610
2001 29,720
2002 29,090
2003 32,750
2004 39,790
2005 45,770
2006 49,150
2007 52,310
2008 55,720
2009 52,640
2010 54,630
2011 56,700
2012 59,090
2013 61,800
2014 61,870
2015 58,420
2016 54,360
2017 53,030
2018 55,640
2019 56,410
2020 54,050

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