Korea, Rep. | GNI per capita, Atlas method (current US$)
GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. Statistical concept and methodology: The World Bank uses Atlas method GNI per capita in U.S. dollars to classify countries for analytical purposes and to determine borrowing eligibility. For more information, see the metadata for Atlas method GNI in current U.S. dollars (NY.GNP.ATLS.CD) and total population (SP.POP.TOTL).
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source
Korea, Rep. | GNI per capita, Atlas method (current US$)
1960
1961
120 1962
120 1963
130 1964
130 1965
140 1966
150 1967
190 1968
240 1969
280 1970
310 1971
340 1972
430 1973
550 1974
660 1975
810 1976
970 1977
1280 1978
1680 1979
1870 1980
2030 1981
2050 1982
2170 1983
2340 1984
2480 1985
2850 1986
3530 1987
4520 1988
5380 1989
6450 1990
7570 1991
8310 1992
9010 1993
10090 1994
11820 1995
13320 1996
13550 1997
10330 1998
10430 1999
11030 2000
11950 2001
12850 2002
13790 2003
16200 2004
18520 2005
20800 2006
23440 2007
23860 2008
22040 2009
22280 2010
23580 2011
25650 2012
26970 2013
28160 2014
28720 2015
29330 2016
30290 2017
32740 2018
33830 2019
33040 2020
35200 2021
36190 2022
Korea, Rep. | 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
Republic of Korea
Records
63
Source