Venezuela, RB | 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
Bolivarian Republic of Venezuela
Records
63
Source
Venezuela, RB | GNI per capita, Atlas method (current US$)
1960
1961
1962 940
1963 980
1964 950
1965 890
1966 820
1967 840
1968 900
1969 910
1970 990
1971 1020
1972 1120
1973 1340
1974 1720
1975 2140
1976 2480
1977 2600
1978 2790
1979 3180
1980 3600
1981 4090
1982 4030
1983 3770
1984 3620
1985 3500
1986 3590
1987 3340
1988 3380
1989 2550
1990 2650
1991 2680
1992 2850
1993 2830
1994 2720
1995 3020
1996 3080
1997 3440
1998 3390
1999 3540
2000 4080
2001 4560
2002 3950
2003 3460
2004 4070
2005 4930
2006 6070
2007 7550
2008 9300
2009 10270
2010 11690
2011 11890
2012 12660
2013 11950
2014 13010
2015
2016
2017
2018
2019
2020
2021
2022

Venezuela, RB | 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
Bolivarian Republic of Venezuela
Records
63
Source