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 21,970 as of 2010. Over the past 48 years, the value for this indicator has fluctuated between 24,960 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 2,720
1971 2,900
1972 2,970
1973 3,490
1974 3,230
1975 2,970
1976 3,110
1977 3,360
1978 3,710
1979 5,250
1980 6,160
1981 5,850
1982 6,440
1983 6,700
1984 7,770
1985 8,580
1986 9,480
1987 10,890
1988 11,710
1989 12,520
1990 12,000
1991 11,500
1992 11,650
1993 11,410
1994 11,690
1995 14,280
1996 15,950
1997 13,650
1998 15,770
1999 18,990
2000 20,350
2001 20,970
2002 21,460
2003 22,030
2004 23,340
2005 24,410
2006 24,760
2007 24,960
2008 24,920
2009 23,420
2010 21,970

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in The Bahamas was 21,663 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 24,713 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 2,806
1971 2,906
1972 2,927
1973 3,257
1974 3,010
1975 2,781
1976 2,933
1977 3,187
1978 3,488
1979 4,934
1980 5,801
1981 5,980
1982 6,646
1983 7,151
1984 8,232
1985 9,201
1986 9,662
1987 10,491
1988 10,709
1989 11,718
1990 11,809
1991 11,407
1992 11,468
1993 11,028
1994 11,405
1995 13,876
1996 15,586
1997 16,680
1998 18,348
1999 20,175
2000 20,887
2001 21,182
2002 22,314
2003 22,093
2004 22,293
2005 23,723
2006 24,194
2007 24,713
2008 24,518
2009 22,633
2010 21,663

GNI per capita (constant 2000 US$)

The latest value for GNI per capita (constant 2000 US$) in The Bahamas was 18,570 as of 2010. Over the past 21 years, the value for this indicator has fluctuated between 22,394 in 1996 and 16,826 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 2000 U.S. dollars.

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

See also:

Year Value
1989 19,875
1990 19,058
1991 17,968
1992 17,348
1993 16,826
1994 17,047
1995 20,371
1996 22,394
1997 18,199
1998 19,386
1999 20,313
2000 20,887
2001 21,145
2002 21,318
2003 20,874
2004 20,815
2005 21,101
2006 21,365
2007 21,202
2008 20,701
2009 19,427
2010 18,570

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in The Bahamas was -4.41 as of 2010. As the graph below shows, over the past 20 years this indicator reached a maximum value of 19.50 in 1995 and a minimum value of -18.73 in 1997.

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.

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

See also:

Year Value
1990 -4.11
1991 -5.72
1992 -3.45
1993 -3.01
1994 1.31
1995 19.50
1996 9.93
1997 -18.73
1998 6.52
1999 4.78
2000 2.82
2001 1.24
2002 0.82
2003 -2.08
2004 -0.28
2005 1.37
2006 1.25
2007 -0.76
2008 -2.37
2009 -6.15
2010 -4.41

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in The Bahamas was 21,067 as of 2010. As the graph below shows, over the past 21 years this indicator reached a maximum value of 25,406 in 1996 and a minimum value of 19,089 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 22,547
1990 21,621
1991 20,385
1992 19,681
1993 19,089
1994 19,339
1995 23,110
1996 25,406
1997 20,646
1998 21,993
1999 23,045
2000 23,695
2001 23,989
2002 24,184
2003 23,680
2004 23,614
2005 23,938
2006 24,238
2007 24,053
2008 23,484
2009 22,039
2010 21,067

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in The Bahamas was 29,790 as of 2010. Over the past 30 years, the value for this indicator has fluctuated between 32,700 in 2007 and 10,900 in 1981.

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.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1980 11,380
1981 10,900
1982 12,390
1983 13,080
1984 15,140
1985 16,080
1986 16,500
1987 17,300
1988 18,010
1989 20,080
1990 19,990
1991 19,470
1992 19,230
1993 19,060
1994 19,690
1995 24,310
1996 27,520
1997 22,290
1998 24,130
1999 25,650
2000 26,880
2001 27,780
2002 28,600
2003 28,590
2004 29,310
2005 30,670
2006 32,030
2007 32,700
2008 32,670
2009 31,060
2010 29,790

GNI per capita, PPP (constant 2005 international $)

The latest value for GNI per capita, PPP (constant 2005 international $) in The Bahamas was 26,995 as of 2010. Over the past 21 years, the value for this indicator has fluctuated between 32,553 in 1996 and 24,459 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 2005 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1989 28,891
1990 27,703
1991 26,120
1992 25,218
1993 24,459
1994 24,780
1995 29,612
1996 32,553
1997 26,455
1998 28,180
1999 29,528
2000 30,362
2001 30,738
2002 30,988
2003 30,343
2004 30,257
2005 30,673
2006 31,057
2007 30,821
2008 30,091
2009 28,240
2010 26,995

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts