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 20,980 as of 2014. Over the past 52 years, the value for this indicator has fluctuated between 23,860 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 14,260
1996 15,940
1997 13,660
1998 15,790
1999 19,020
2000 20,330
2001 20,870
2002 21,230
2003 21,640
2004 22,780
2005 23,510
2006 23,610
2007 23,860
2008 23,800
2009 22,280
2010 21,660
2011 21,290
2012 21,430
2013 21,190
2014 20,980

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in The Bahamas was 21,077 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 23,629 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 7,684
1985 8,799
1986 9,784
1987 10,771
1988 11,970
1989 13,722
1990 13,825
1991 13,354
1992 13,421
1993 12,901
1994 13,341
1995 13,857
1996 15,579
1997 16,695
1998 18,381
1999 20,204
2000 20,870
2001 21,075
2002 22,070
2003 21,704
2004 21,754
2005 22,853
2006 23,072
2007 23,629
2008 23,413
2009 21,614
2010 21,270
2011 20,871
2012 21,394
2013 21,445
2014 21,077

GNI per capita (constant 2005 US$)

The latest value for GNI per capita (constant 2005 US$) in The Bahamas was 19,721 as of 2014. Over the past 25 years, the value for this indicator has fluctuated between 24,936 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 22,426
1990 21,520
1991 20,274
1992 19,542
1993 18,990
1994 19,220
1995 22,695
1996 24,936
1997 20,476
1998 21,857
1999 22,873
2000 23,410
2001 23,579
2002 23,723
2003 23,077
2004 22,868
2005 22,853
2006 22,898
2007 22,768
2008 22,241
2009 20,767
2010 20,535
2011 20,349
2012 20,434
2013 20,017
2014 19,721

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in The Bahamas was -1.48 as of 2014. As the graph below shows, over the past 24 years this indicator reached a maximum value of 18.08 in 1995 and a minimum value of -17.89 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 -3.61
1993 -2.83
1994 1.21
1995 18.08
1996 9.88
1997 -17.89
1998 6.74
1999 4.65
2000 2.35
2001 0.72
2002 0.61
2003 -2.72
2004 -0.90
2005 -0.07
2006 0.20
2007 -0.57
2008 -2.31
2009 -6.63
2010 -1.12
2011 -0.91
2012 0.42
2013 -2.04
2014 -1.48

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in The Bahamas was 19,871 as of 2014. As the graph below shows, over the past 25 years this indicator reached a maximum value of 25,125 in 1996 and a minimum value of 19,134 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 22,596
1990 21,683
1991 20,428
1992 19,691
1993 19,134
1994 19,366
1995 22,867
1996 25,125
1997 20,632
1998 22,023
1999 23,047
2000 23,588
2001 23,757
2002 23,903
2003 23,252
2004 23,042
2005 23,026
2006 23,072
2007 22,941
2008 22,410
2009 20,924
2010 20,691
2011 20,503
2012 20,589
2013 20,169
2014 19,871

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in The Bahamas was 22,290 as of 2014. Over the past 24 years, the value for this indicator has fluctuated between 23,260 in 2007 and 16,740 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 17,570
1991 17,100
1992 16,910
1993 16,790
1994 17,350
1995 18,250
1996 20,690
1997 16,740
1998 18,080
1999 19,230
2000 20,130
2001 20,720
2002 21,190
2003 21,010
2004 21,380
2005 22,070
2006 22,780
2007 23,260
2008 23,160
2009 21,760
2010 21,770
2011 21,990
2012 22,470
2013 22,330
2014 22,290

GNI per capita, PPP (constant 2011 international $)

The latest value for GNI per capita, PPP (constant 2011 international $) in The Bahamas was 21,310 as of 2014. Over the past 24 years, the value for this indicator has fluctuated between 26,944 in 1996 and 20,519 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 23,253
1991 21,906
1992 21,116
1993 20,519
1994 20,768
1995 24,522
1996 26,944
1997 22,125
1998 23,617
1999 24,715
2000 25,295
2001 25,477
2002 25,633
2003 24,935
2004 24,710
2005 24,693
2006 24,742
2007 24,601
2008 24,033
2009 22,439
2010 22,189
2011 21,987
2012 22,079
2013 21,629
2014 21,310

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts