GNI, Atlas method (current US$)

GNI (formerly GNP) 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. Data are in current U.S. dollars. 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. Development relevance: Because development encompasses many factors - economic, environmental, cultural, educational, and institutional - no single measure gives a complete picture. However, the total earnings of the residents of an economy, measured by its gross national income (GNI), is a good measure of its capacity to provide for the well-being of its people. Statistical concept and methodology: In calculating GNI and GNI per capita in U.S. dollars for certain operational purposes, the World Bank uses the Atlas conversion factor. The purpose of the Atlas conversion factor is to reduce the impact of exchange rate fluctuations in the cross-country comparison of national incomes. The Atlas conversion factor for any year is the average of a country's exchange rate (or alternative conversion factor) for that year and its exchange rates for the two preceding years, adjusted for the difference between the rate of inflation in the country and that in Japan, the United Kingdom, the United States, and the Euro area. A country's inflation rate is measured by the change in its GDP deflator. The inflation rate for Japan, the United Kingdom, the United States, and the Euro area, representing international inflation, is measured by the change in the SDR deflator. (Special drawing rights, or SDRs, are the International Monetary Fund's unit of account.) The SDR deflator is calculated as a weighted average of these countries' GDP deflators in SDR terms, the weights being the amount of each country's currency in one SDR unit. Weights vary over time because both the composition of the SDR and the relative exchange rates for each currency change. The SDR deflator is calculated in SDR terms first and then converted to U.S. dollars using the SDR to dollar Atlas conversion factor. The Atlas conversion factor is then applied to a country's GNI. The resulting GNI in U.S. dollars is divided by the midyear population to derive GNI per capita. The World Bank systematically assesses the appropriateness of official exchange rates as conversion factors. An alternative conversion factor is used in the Atlas formula when the official exchange rate is judged to diverge by an exceptionally large margin from the rate effectively applied to domestic transactions of foreign currencies and traded products. This applies to only a small number of countries, as shown in the country-level metadata. Alternative conversion factors are used in the Atlas methodology and elsewhere in World Development Indicators as single-year conversion factors.
Publisher
The World Bank
Origin
Global
Records
6838
Source
GNI, Atlas method (current US$)
country_code year value
ABW 1990
AFG 1990
AGO 1990 9214842694.6192
ALB 1990 2222566165.0563
AND 1990
ARB 1990
ARE 1990
ARG 1990 103869964364.41
ARM 1990
ASM 1990
ATG 1990 426252916.83472
AUS 1990 295172503877.34
AUT 1990 158408233607.96
AZE 1990
BDI 1990 1187230148.1505
BEL 1990 193416863917.65
BEN 1990 1825173515.1872
BFA 1990 2922763361.7076
BGD 1990 32618765129.864
BGR 1990 19583467212.175
BHR 1990 3579347694.3391
BHS 1990 3040510047.8469
BIH 1990
BLR 1990
BLZ 1990 414914843.01898
BMU 1990 1605479678.1035
BOL 1990 4943714237.5725
BRA 1990 407351854702.77
BRB 1990 1994087266.176
BRN 1990 3223742289.2127
BTN 1990 309821167.90024
BWA 1990 3505106338.0258
CAF 1990 1349587857.43
CAN 1990 569294776960.48
CEB 1990
CHE 1990 247778561996.17
CHI 1990
CHL 1990 31165864113.571
CHN 1990 374114476760.07
CIV 1990 9252562311.251
CMR 1990 11128470747.116
COD 1990 8403964401.9357
COG 1990 2184433376.1284
COL 1990 41685437986.345
COM 1990 234124615.33336
CPV 1990 303441526.15841
CRI 1990 7188643216.4192
CSS 1990 16877592405.295
CUB 1990 28120656969.81
CUW 1990
CYM 1990
CYP 1990 5516689300.5076
CZE 1990
DEU 1990 1694758354915.9
DJI 1990
DMA 1990 163428055.63793
DNK 1990 126295535160.07
DOM 1990 6232629039.0194
DZA 1990 61135736244.692
EAP 1990 672258316755.78
EAR 1990 1724950985588.1
EAS 1990 5024304186197.5
ECA 1990
ECS 1990 8273760602113.1
ECU 1990 14025773097.323
EGY 1990 42479444969.153
EMU 1990 5491000132661.1
ERI 1990
ESP 1990 474882281455.72
EST 1990
ETH 1990 12294356405.557
EUU 1990 7086825518138.5
FCS 1990
FIN 1990 129671601288.62
FJI 1990 1306438613.1178
FRA 1990 1208914801576.5
FRO 1990
FSM 1990
GAB 1990 4576829243.28
GBR 1990 1044678716243
GEO 1990
GHA 1990 5849637026.6987
GIB 1990
GIN 1990 2587765889.0521
GMB 1990 292371831.36484
GNB 1990 218659529.84104
GNQ 1990 110248033.01165
GRC 1990 91514621642.514
GRD 1990 273202580.36367
GRL 1990 872242061.68655
GTM 1990 8481193013.338
GUM 1990
GUY 1990 279656635.88218
HIC 1990 18861641191836
HKG 1990 72224286860.081
HND 1990 3398813446.602
HPC 1990 123475950147.65
HRV 1990
HTI 1990
HUN 1990

GNI, Atlas method (current US$)

GNI (formerly GNP) 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. Data are in current U.S. dollars. 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. Development relevance: Because development encompasses many factors - economic, environmental, cultural, educational, and institutional - no single measure gives a complete picture. However, the total earnings of the residents of an economy, measured by its gross national income (GNI), is a good measure of its capacity to provide for the well-being of its people. Statistical concept and methodology: In calculating GNI and GNI per capita in U.S. dollars for certain operational purposes, the World Bank uses the Atlas conversion factor. The purpose of the Atlas conversion factor is to reduce the impact of exchange rate fluctuations in the cross-country comparison of national incomes. The Atlas conversion factor for any year is the average of a country's exchange rate (or alternative conversion factor) for that year and its exchange rates for the two preceding years, adjusted for the difference between the rate of inflation in the country and that in Japan, the United Kingdom, the United States, and the Euro area. A country's inflation rate is measured by the change in its GDP deflator. The inflation rate for Japan, the United Kingdom, the United States, and the Euro area, representing international inflation, is measured by the change in the SDR deflator. (Special drawing rights, or SDRs, are the International Monetary Fund's unit of account.) The SDR deflator is calculated as a weighted average of these countries' GDP deflators in SDR terms, the weights being the amount of each country's currency in one SDR unit. Weights vary over time because both the composition of the SDR and the relative exchange rates for each currency change. The SDR deflator is calculated in SDR terms first and then converted to U.S. dollars using the SDR to dollar Atlas conversion factor. The Atlas conversion factor is then applied to a country's GNI. The resulting GNI in U.S. dollars is divided by the midyear population to derive GNI per capita. The World Bank systematically assesses the appropriateness of official exchange rates as conversion factors. An alternative conversion factor is used in the Atlas formula when the official exchange rate is judged to diverge by an exceptionally large margin from the rate effectively applied to domestic transactions of foreign currencies and traded products. This applies to only a small number of countries, as shown in the country-level metadata. Alternative conversion factors are used in the Atlas methodology and elsewhere in World Development Indicators as single-year conversion factors.
Publisher
The World Bank
Origin
Global
Records
6838
Source