Latin America & Caribbean (excluding high income) | 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
Latin America & Caribbean (excluding high income)
Records
63
Source
Latin America & Caribbean (excluding high income) | 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
1990 5987.98003001
1991 6301.39046759
1992 6504.83213247
1993 6698.55793988
1994 7034.88413313
1995 7164.95194677
1996 7455.69680941
1997 7836.36008347
1998 8003.32743085
1999 7980.66302302
2000 8329.50950131
2001 8427.61089709
2002 8499.60706734
2003 8772.23872491
2004 9298.67308863
2005 9841.02968661
2006 10716.84602146
2007 11488.76170235
2008 12115.53301867
2009 11944.22049079
2010 12696.27898392
2011 13527.0746142
2012 13791.21566047
2013 14275.38325336
2014 14570.3481244
2015 14363.92360018
2016 14540.01215894
2017 15106.13673839
2018 15443.08704954
2019 15623.95442194
2020 14733.81396345
2021 16091.89576748
2022 17819.79207973
Latin America & Caribbean (excluding high income) | 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
Latin America & Caribbean (excluding high income)
Records
63
Source