Liberia - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Liberia was 570.00 as of 2020. Over the past 18 years, the value for this indicator has fluctuated between 650.00 in 2015 and 180.00 in 2003.

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
2002 250.00
2003 180.00
2004 210.00
2005 250.00
2006 290.00
2007 330.00
2008 390.00
2009 430.00
2010 460.00
2011 520.00
2012 570.00
2013 650.00
2014 650.00
2015 650.00
2016 640.00
2017 640.00
2018 630.00
2019 610.00
2020 570.00

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in Liberia was 561.66 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 679.65 in 2016 and a minimum value of 193.40 in 2003.

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
2000 271.24
2001 253.73
2002 252.32
2003 193.40
2004 233.03
2005 246.54
2006 290.46
2007 352.06
2008 434.16
2009 432.43
2010 467.34
2011 565.82
2012 611.67
2013 676.90
2014 663.53
2015 658.97
2016 679.65
2017 656.67
2018 619.58
2019 600.69
2020 561.66

GNI per capita (constant 2010 US$)

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
2015 658.97

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Liberia was 1,300.00 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 1,420.00 in 2017 and 580.00 in 2003.

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
2000 880.00
2001 830.00
2002 850.00
2003 580.00
2004 610.00
2005 660.00
2006 740.00
2007 820.00
2008 880.00
2009 910.00
2010 930.00
2011 1,040.00
2012 1,090.00
2013 1,260.00
2014 1,270.00
2015 1,200.00
2016 1,310.00
2017 1,420.00
2018 1,380.00
2019 1,370.00
2020 1,300.00

GNI per capita, PPP (constant 2011 international $)

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
2017 1,424

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts