St. Lucia | 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
Saint Lucia
Records
63
Source
St. Lucia | 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
6040 1990
6170 1991
6790 1992
6820 1993
7010 1994
7150 1995
7470 1996
7450 1997
7930 1998
8210 1999
8820 2000
8610 2001
8820 2002
9200 2003
9920 2004
10130 2005
11260 2006
11590 2007
12330 2008
12210 2009
12370 2010
13270 2011
12980 2012
13410 2013
13130 2014
12650 2015
13690 2016
14340 2017
15190 2018
15150 2019
12060 2020
13960 2021
17050 2022

St. Lucia | 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
Saint Lucia
Records
63
Source