Yemen, Rep. | GNI, PPP (current international $)
This indicator provides values for gross national income (GNI. Formerly GNP) expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. Gross national income 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. From July 2020, “GNI: linked series (current LCU)” [NY.GNP.MKTP.CN.AD] is used as underlying GNI in local currency unit so that it’s in line with time series of PPP conversion factors, which are extrapolated with linked deflators. 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: 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 local currency, please refer to the metadata for "GNI (current LCU)" [NY.GNP.MKTP.CN]. For more information on underlying PPP conversion factor, please refer to the metadata for "PPP conversion factor, GDP (LCU per international $)" [PA.NUS.PPP]. 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
Republic of Yemen
Records
63
Source
Yemen, Rep. | GNI, 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
26526108333.397 1990
27889379056.038 1991
30668233259.925 1992
32501445289.274 1993
35149022613.165 1994
39337842211.659 1995
45449388018.977 1996
49016932875.591 1997
53346585811.997 1998
54668297435.973 1999
57828818707.752 2000
61256457198.655 2001
63844926180.396 2002
67076583752.79 2003
70771725796.741 2004
76029654151.306 2005
74982896484.591 2006
84633223924.689 2007
88661597536.885 2008
92108906866.818 2009
100773727204.54 2010
89257459982.919 2011
92221548846.296 2012
100075915958.78 2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Yemen, Rep. | GNI, PPP (current international $)
This indicator provides values for gross national income (GNI. Formerly GNP) expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. Gross national income 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. From July 2020, “GNI: linked series (current LCU)” [NY.GNP.MKTP.CN.AD] is used as underlying GNI in local currency unit so that it’s in line with time series of PPP conversion factors, which are extrapolated with linked deflators. 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: 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 local currency, please refer to the metadata for "GNI (current LCU)" [NY.GNP.MKTP.CN]. For more information on underlying PPP conversion factor, please refer to the metadata for "PPP conversion factor, GDP (LCU per international $)" [PA.NUS.PPP]. 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
Republic of Yemen
Records
63
Source