Singapore - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Singapore was 54,920.00 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 58,390.00 in 2019 and 490.00 in 1962.

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
1962 490.00
1963 530.00
1964 510.00
1965 540.00
1966 590.00
1967 660.00
1968 750.00
1969 850.00
1970 970.00
1971 1,090.00
1972 1,280.00
1973 1,600.00
1974 2,090.00
1975 2,660.00
1976 2,930.00
1977 3,020.00
1978 3,370.00
1979 3,990.00
1980 4,730.00
1981 5,380.00
1982 5,680.00
1983 6,170.00
1984 6,930.00
1985 7,100.00
1986 7,330.00
1987 8,080.00
1988 9,320.00
1989 10,320.00
1990 11,450.00
1991 12,970.00
1992 15,270.00
1993 17,710.00
1994 20,780.00
1995 23,630.00
1996 25,620.00
1997 27,730.00
1998 24,010.00
1999 23,360.00
2000 23,680.00
2001 22,130.00
2002 22,000.00
2003 23,440.00
2004 26,150.00
2005 28,820.00
2006 32,550.00
2007 36,010.00
2008 37,230.00
2009 37,320.00
2010 44,930.00
2011 48,290.00
2012 51,740.00
2013 54,480.00
2014 56,380.00
2015 53,160.00
2016 53,060.00
2017 54,460.00
2018 56,900.00
2019 58,390.00
2020 54,920.00

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in Singapore was 72,418 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 79,517 in 2018 and a minimum value of 1,334 in 1960.

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
1960 1,334
1961 1,401
1962 1,473
1963 1,603
1964 1,533
1965 1,632
1966 1,790
1967 1,966
1968 2,213
1969 2,529
1970 2,861
1971 3,275
1972 3,848
1973 4,638
1974 5,597
1975 6,122
1976 6,507
1977 6,952
1978 7,773
1979 8,837
1980 10,167
1981 11,294
1982 12,193
1983 13,800
1984 15,177
1985 15,059
1986 14,965
1987 15,986
1988 18,518
1989 20,791
1990 22,901
1991 24,674
1992 26,301
1993 28,929
1994 32,963
1995 35,569
1996 36,724
1997 39,930
1998 37,072
1999 37,363
2000 40,870
2001 38,620
2002 38,890
2003 40,244
2004 43,841
2005 47,046
2006 52,201
2007 57,866
2008 54,524
2009 53,683
2010 63,712
2011 65,454
2012 66,330
2013 67,444
2014 70,400
2015 71,283
2016 73,567
2017 78,044
2018 79,517
2019 78,847
2020 72,418

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 51,850

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Singapore was 86,480 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 90,320 in 2019 and 23,580 in 1990.

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
1990 23,580
1991 25,150
1992 27,040
1993 29,430
1994 33,110
1995 35,360
1996 36,630
1997 40,100
1998 38,160
1999 40,460
2000 43,570
2001 42,850
2002 44,220
2003 47,460
2004 51,020
2005 55,400
2006 62,180
2007 66,820
2008 65,090
2009 62,720
2010 74,480
2011 77,300
2012 78,420
2013 78,530
2014 81,490
2015 81,040
2016 83,760
2017 88,090
2018 88,930
2019 90,320
2020 86,480

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 88,088

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts