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

The latest value for GNI per capita, Atlas method (current US$) in Vietnam was 2,650.00 as of 2020. Over the past 31 years, the value for this indicator has fluctuated between 2,650.00 in 2020 and 110.00 in 1991.

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
1989 210.00
1990 130.00
1991 110.00
1992 130.00
1993 160.00
1994 190.00
1995 250.00
1996 300.00
1997 330.00
1998 340.00
1999 350.00
2000 380.00
2001 400.00
2002 420.00
2003 460.00
2004 530.00
2005 630.00
2006 720.00
2007 840.00
2008 980.00
2009 1,110.00
2010 1,250.00
2011 1,370.00
2012 1,540.00
2013 1,720.00
2014 1,880.00
2015 1,950.00
2016 2,020.00
2017 2,120.00
2018 2,380.00
2019 2,570.00
2020 2,650.00

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