Gni Per Capita

The gni per capita is the dollar value of a country's final income in a year, divided by its population. It should be reflecting the average before tax income of a country's citizens. Knowing a country's gni per capita is a good first step toward understanding the country's economic strengths and needs,. Wealth per capita by asset group. World Bank income groups. Gross national income (GNI) measures the total income earned by residents of a country, including income earned abroad. This data is adjusted for inflation and differences in the cost of living between countries. But converting GNI to gni per capita reveals that Country B is actually operating more than twice as efficiently, generating 50% as much income as Country A with only 20% of the workers. Explore and compare gni per capita data from over 200 countries and regions using interactive charts and maps. gni per capita, Atlas method (current US$) World Bank national accounts data, and OECD National Accounts data files. Countries by GNI (PPP) per capita in Gross National Income (GNI) [ edit ] "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. Gross national income (GNI) per capita. Measures the total income earned by residents of a country, including income earned abroad. This data is adjusted for inflation and differences in the cost of living between countries. UNDP, Human Development Report (2024) - with minor processing by Our World in Data. Gross national income (GNI) is defined as gross domestic product, plus net receipts from abroad of compensation of employees, property income and net taxes less subsidies on production. US dollars and US dollars per capita (both in current PPPs). All OECD countries compile their data according to the 2008 System of National Accounts (SNA. World gni per capita for 2021 was $12,116, a 9. 55% increase from World gni per capita for 2020 was $11,059, a 3. 94% decline from World gni per capita for 2019 was $11,513, a 3. 72% increase from gni per capita (formerly GNP per capita) is the gross national income, converted to U. dollars using the World Bank Atlas method. gni per capita by Country. gni per capita (formerly GNP per capita) is the gross national income, converted to U. 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. Changes to Atlas gni per capita: In each country, factors such as economic growth, inflation, exchange rates, and population growth influence the level of Atlas gni per capita.

World Bank Group Country Classifications By Income Level For FY24 (July

The classifications are updated each year on July 1, based on the gni per capita of the previous calendar year. GNI measures are expressed in United States dollars using conversion factors derived according to the Atlas method, which in its current form was introduced in The World Bank's income classification aims to reflect a country. gni per capita, PPP (current international $) Search glossaries Source: World Development Indicators | The World Bank. Download Explore Select columns Select sort order Select pivot column Link to this page . Select filters: Country or Area (246) Afghanistan Africa Eastern and Southern. Gross National Income (GNI): Gross national income is the sum of a nation's gross domestic product and the net income it receives from overseas. The gross national income (GNI), previously known as gross national product (GNP), is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product (), plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents. : 44 Comparing GNI to GDP shows the degree to which a nation's GDP represents domestic.