Caribbean small states | GNI per capita, PPP (current international $)
This indicator provides per capita values for gross national income (GNI. Formerly GNP) expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. 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. PPP conversion factor is a spatial price deflator and currency converter that eliminates the effects of the differences in price levels between countries. Statistical concept and methodology: Typically, higher income countries have higher price levels, while lower income countries have lower price levels (Balassa-Samuelson effect). Market exchange rate-based cross-country comparisons of GDP at its expenditure components reflect both differences in economic outputs (volumes) and prices. Given the differences in price levels, the size of higher income countries is inflated, while the size of lower income countries is depressed in the comparison. PPP-based cross-country comparisons of GDP at its expenditure components only reflect differences in economic outputs (volume), as PPPs control for price level differences between the countries. Hence, the comparison reflects the real size of the countries. For more information on underlying GNI in current international dollar, please refer to the metadata for "GNI, PPP (current international $)" [NY.GNP.MKTP.PP.CD]. For more information on underlying population, please refer to the metadata for "total population" [SP.POP.TOTL]. For the concept and methodology of PPP, please refer to the International Comparison Program (ICP)’s website (https://www.worldbank.org/en/programs/icp).
Publisher
The World Bank
Origin
Caribbean small states
Records
63
Source
Caribbean small states | GNI per capita, PPP (current international $)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
5738.04562845 1990
5980.01289275 1991
6342.78735508 1992
6777.58654536 1993
6973.74338621 1994
7397.35365024 1995
7826.17003264 1996
8000.80298764 1997
8263.96375231 1998
8640.13926945 1999
9047.89964482 2000
9370.28650254 2001
9839.0452141 2002
10581.57656804 2003
11388.47161574 2004
12021.29369588 2005
13207.6163356 2006
14057.3298902 2007
14512.86018529 2008
13946.11068975 2009
14303.67841387 2010
14266.43103135 2011
14834.66974014 2012
15192.54300706 2013
15366.4395202 2014
15385.329706 2015
15017.67732124 2016
15756.45393583 2017
16013.92180974 2018
16440.91468984 2019
15097.6189657 2020
16831.61358705 2021
20135.63145797 2022
Caribbean small states | GNI per capita, PPP (current international $)
This indicator provides per capita values for gross national income (GNI. Formerly GNP) expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. 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. PPP conversion factor is a spatial price deflator and currency converter that eliminates the effects of the differences in price levels between countries. Statistical concept and methodology: Typically, higher income countries have higher price levels, while lower income countries have lower price levels (Balassa-Samuelson effect). Market exchange rate-based cross-country comparisons of GDP at its expenditure components reflect both differences in economic outputs (volumes) and prices. Given the differences in price levels, the size of higher income countries is inflated, while the size of lower income countries is depressed in the comparison. PPP-based cross-country comparisons of GDP at its expenditure components only reflect differences in economic outputs (volume), as PPPs control for price level differences between the countries. Hence, the comparison reflects the real size of the countries. For more information on underlying GNI in current international dollar, please refer to the metadata for "GNI, PPP (current international $)" [NY.GNP.MKTP.PP.CD]. For more information on underlying population, please refer to the metadata for "total population" [SP.POP.TOTL]. For the concept and methodology of PPP, please refer to the International Comparison Program (ICP)’s website (https://www.worldbank.org/en/programs/icp).
Publisher
The World Bank
Origin
Caribbean small states
Records
63
Source