The Bahamas - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in The Bahamas was 21,570 as of 2013. Over the past 51 years, the value for this indicator has fluctuated between 24,130 in 2007 and 1,550 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 1,550
1963 1,650
1964 1,760
1965 1,900
1966 2,040
1967 2,230
1968 2,450
1969 2,760
1970 2,920
1971 3,110
1972 3,190
1973 3,740
1974 3,840
1975 4,640
1976 4,930
1977 5,740
1978 6,340
1979 7,390
1980 7,290
1981 7,500
1982 7,440
1983 6,860
1984 7,250
1985 8,210
1986 9,600
1987 11,180
1988 13,090
1989 14,660
1990 14,040
1991 13,470
1992 13,630
1993 13,350
1994 13,680
1995 14,270
1996 15,950
1997 13,670
1998 15,800
1999 19,020
2000 20,340
2001 20,880
2002 21,240
2003 21,650
2004 22,780
2005 23,680
2006 23,910
2007 24,130
2008 23,890
2009 22,330
2010 21,750
2011 21,550
2012 21,480
2013 21,570

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in The Bahamas was 21,776 as of 2013. As the graph below shows, over the past 53 years this indicator reached a maximum value of 23,892 in 2007 and a minimum value of 1,393 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 1,393
1961 1,484
1962 1,576
1963 1,678
1964 1,793
1965 1,928
1966 2,087
1967 2,298
1968 2,520
1969 2,890
1970 3,014
1971 3,121
1972 3,144
1973 3,498
1974 3,577
1975 4,340
1976 4,645
1977 5,446
1978 5,956
1979 6,946
1980 6,870
1981 7,671
1982 7,679
1983 7,317
1984 7,685
1985 8,799
1986 9,784
1987 10,770
1988 11,970
1989 13,722
1990 13,825
1991 13,355
1992 13,423
1993 12,904
1994 13,345
1995 13,862
1996 15,586
1997 16,702
1998 18,389
1999 20,213
2000 20,879
2001 21,085
2002 22,080
2003 21,713
2004 21,763
2005 23,022
2006 23,361
2007 23,892
2008 23,504
2009 21,665
2010 21,366
2011 21,136
2012 21,509
2013 21,776

GNI per capita (constant 2005 US$)

The latest value for GNI per capita (constant 2005 US$) in The Bahamas was 20,305 as of 2013. Over the past 24 years, the value for this indicator has fluctuated between 24,941 in 1996 and 18,990 in 1993.

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 2005 U.S. dollars.

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

See also:

Year Value
1989 22,421
1990 21,516
1991 20,271
1992 19,541
1993 18,990
1994 19,222
1995 22,698
1996 24,941
1997 20,481
1998 21,862
1999 22,879
2000 23,416
2001 23,584
2002 23,728
2003 23,082
2004 22,874
2005 23,022
2006 23,181
2007 23,021
2008 22,323
2009 20,810
2010 20,619
2011 20,574
2012 20,419
2013 20,305

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in The Bahamas was -0.56 as of 2013. As the graph below shows, over the past 23 years this indicator reached a maximum value of 18.09 in 1995 and a minimum value of -17.88 in 1997.

Definition: Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2005 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
1990 -4.04
1991 -5.79
1992 -3.60
1993 -2.82
1994 1.22
1995 18.09
1996 9.88
1997 -17.88
1998 6.74
1999 4.65
2000 2.35
2001 0.72
2002 0.61
2003 -2.72
2004 -0.90
2005 0.65
2006 0.69
2007 -0.69
2008 -3.03
2009 -6.78
2010 -0.92
2011 -0.22
2012 -0.75
2013 -0.56

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in The Bahamas was 20,463 as of 2013. As the graph below shows, over the past 24 years this indicator reached a maximum value of 25,136 in 1996 and a minimum value of 19,138 in 1993.

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
1989 22,595
1990 21,683
1991 20,429
1992 19,693
1993 19,138
1994 19,372
1995 22,875
1996 25,136
1997 20,640
1998 22,033
1999 23,057
2000 23,598
2001 23,768
2002 23,913
2003 23,262
2004 23,052
2005 23,201
2006 23,361
2007 23,200
2008 22,497
2009 20,972
2010 20,779
2011 20,734
2012 20,578
2013 20,463

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in The Bahamas was 22,700 as of 2013. Over the past 23 years, the value for this indicator has fluctuated between 23,540 in 2007 and 16,780 in 1997.

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 17,600
1991 17,120
1992 16,940
1993 16,820
1994 17,380
1995 18,290
1996 20,730
1997 16,780
1998 18,120
1999 19,250
2000 20,150
2001 20,740
2002 21,210
2003 21,030
2004 21,410
2005 22,250
2006 23,080
2007 23,540
2008 23,260
2009 21,830
2010 21,880
2011 22,270
2012 22,490
2013 22,700

GNI per capita, PPP (constant 2011 international $)

The latest value for GNI per capita, PPP (constant 2011 international $) in The Bahamas was 21,975 as of 2013. Over the past 23 years, the value for this indicator has fluctuated between 26,993 in 1996 and 20,552 in 1993.

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
1990 23,285
1991 21,938
1992 21,148
1993 20,552
1994 20,803
1995 24,565
1996 26,993
1997 22,166
1998 23,660
1999 24,761
2000 25,342
2001 25,524
2002 25,680
2003 24,980
2004 24,755
2005 24,915
2006 25,087
2007 24,915
2008 24,159
2009 22,521
2010 22,314
2011 22,266
2012 22,098
2013 21,975

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts