Pacific island small states - GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Pacific island small states was 3,915 as of 2020. Over the past 38 years, the value for this indicator has fluctuated between 4,354 in 2019 and 1,293 in 1985.

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
1982 1,463
1983 1,315
1984 1,354
1985 1,293
1986 1,409
1987 1,399
1988 1,437
1989 1,449
1990 1,478
1991 1,482
1992 1,644
1993 1,719
1994 1,852
1995 2,047
1996 2,181
1997 2,135
1998 1,984
1999 1,988
2000 1,892
2001 1,828
2002 1,791
2003 1,922
2004 2,256
2005 2,577
2006 2,653
2007 2,809
2008 2,978
2009 2,945
2010 2,944
2011 3,105
2012 3,350
2013 3,730
2014 3,874
2015 3,904
2016 3,941
2017 4,000
2018 4,289
2019 4,354
2020 3,915

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).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts