Georgia - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Georgia was 4,260.00 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between 4,740.00 in 2014 and 510.00 in 1994.

Definition: 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1992 750.00
1993 540.00
1994 510.00
1995 550.00
1996 670.00
1997 820.00
1998 870.00
1999 840.00
2000 790.00
2001 780.00
2002 840.00
2003 990.00
2004 1,210.00
2005 1,520.00
2006 1,910.00
2007 2,380.00
2008 2,820.00
2009 2,950.00
2010 3,210.00
2011 3,520.00
2012 4,150.00
2013 4,530.00
2014 4,740.00
2015 4,410.00
2016 4,080.00
2017 4,040.00
2018 4,460.00
2019 4,690.00
2020 4,260.00

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in Georgia was 12,617.12 as of 2020. As the graph below shows, over the past 28 years this indicator reached a maximum value of 12,650.10 in 2019 and a minimum value of 0.03 in 1992.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) 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. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1992 0.03
1993 3.28
1994 183.26
1995 499.01
1996 841.43
1997 1,085.13
1998 1,245.91
1999 1,435.13
2000 1,500.33
2001 1,672.85
2002 1,879.81
2003 2,172.33
2004 2,537.53
2005 3,006.07
2006 3,627.70
2007 4,417.94
2008 4,933.55
2009 4,696.17
2010 5,660.38
2011 6,591.46
2012 7,225.40
2013 7,549.26
2014 8,258.89
2015 8,903.07
2016 9,168.60
2017 10,398.46
2018 11,502.42
2019 12,650.10
2020 12,617.12

GNI per capita (constant 2010 US$)

The latest value for GNI per capita (constant 2010 US$) in Georgia was 4,230 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 4,553 in 2019 and 3,048 in 2010.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) 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. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2010 3,048
2011 3,266
2012 3,561
2013 3,672
2014 3,852
2015 3,923
2016 3,938
2017 4,111
2018 4,357
2019 4,553
2020 4,230

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in Georgia was -7.10 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 9.04 in 2012 and a minimum value of -7.10 in 2020.

Definition: Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2011 7.16
2012 9.04
2013 3.11
2014 4.92
2015 1.84
2016 0.39
2017 4.38
2018 5.98
2019 4.50
2020 -7.10

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in Georgia was 9,599 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 10,332 in 2019 and a minimum value of 6,916 in 2010.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) 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. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2010 6,916
2011 7,412
2012 8,082
2013 8,333
2014 8,742
2015 8,903
2016 8,938
2017 9,329
2018 9,887
2019 10,332
2020 9,599

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Georgia was 14,050 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between 14,930 in 2019 and 1,700 in 1994.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. 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. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1992 2,580
1993 1,830
1994 1,700
1995 1,800
1996 2,160
1997 2,660
1998 2,890
1999 3,080
2000 3,140
2001 3,400
2002 3,660
2003 4,170
2004 4,610
2005 5,220
2006 5,980
2007 6,830
2008 7,100
2009 6,960
2010 7,430
2011 8,120
2012 9,720
2013 10,420
2014 11,420
2015 11,820
2016 12,260
2017 12,920
2018 14,030
2019 14,930
2020 14,050

GNI per capita, PPP (constant 2011 international $)

The latest value for GNI per capita, PPP (constant 2011 international $) in Georgia was 13,298 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 14,314 in 2019 and 9,582 in 2010.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. 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. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2010 9,582
2011 10,268
2012 11,197
2013 11,545
2014 12,112
2015 12,335
2016 12,382
2017 12,924
2018 13,697
2019 14,314
2020 13,298

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts