Definition: GNI per capita is the gross national income, converted to US dollars using the World Bank Atlas method, divided by the mid-year 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. To smooth fluctuations in prices and exchange rates, the World Bank uses a special Atlas method of conversion to express national currency values in US dollars. 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 the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001 onwards the reference countries include the Euro area, Japan, the United Kingdom, and the United States. This indicator is included in the World Development Indicators and is based on World Bank own calculations and Organization for Economic Co-operation and Development National Accounts data.
Unit: US dollar
Data source: World Development Indicators, World Bank
Link to the key table: GNI per capita (Atlas method) (international comparison)