European Union | GNI per capita, Atlas method (current US$)

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. 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).
Publisher
The World Bank
Origin
European Union
Records
63
Source
European Union | GNI per capita, Atlas method (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 2410.86620352
1973 3090.49824515
1974 3829.11506712
1975 4420.44983047
1976 4686.82081707
1977 5026.76598185
1978 5695.61508867
1979 7042.57357351
1980 8427.02133845
1981 8338.76761606
1982 7541.85001088
1983 6709.57363366
1984 6515.74557548
1985 6526.46968513
1986 7548.13100017
1987 9650.48973068
1988 12509.40209442
1989 13404.43969924
1990 14437.32797653
1991 15427.17326137
1992 17304.3571174
1993 17039.25420302
1994 17513.42792607
1995 18493.74704912
1996 19616.17292703
1997 19658.70846948
1998 18873.27011439
1999 18591.19200512
2000 18502.44834912
2001 17814.45521683
2002 17493.72749429
2003 19749.68100153
2004 24029.77742074
2005 27634.77717833
2006 29599.57958244
2007 31664.18816758
2008 34406.7719654
2009 34551.90955488
2010 34775.04196212
2011 35235.78478056
2012 34500.27702067
2013 34798.36800071
2014 34799.69603502
2015 33398.0627704
2016 32174.29874516
2017 31827.20061078
2018 34564.392721
2019 35982.4482022
2020 34305.67924927
2021 38094.94563194
2022 40122.77208536

European Union | GNI per capita, Atlas method (current US$)

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. 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).
Publisher
The World Bank
Origin
European Union
Records
63
Source