Azerbaijan - GNI per capita, PPP (current international $)
The latest value for GNI per capita, PPP (current international $) in Azerbaijan was 17,100 as of 2018. Over the past 25 years, the value for this indicator has fluctuated between 17,290 in 2015 and 2,500 in 1995.
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.
Statistical Concept and Methodology: For more information, see the metadata for PPP GNI in current international dollars (NY.GNP.MKTP.PP.CD) and total population (SP.POP.TOTL).
Aggregation method: Weighted average
Sub-Topic: Purchasing power parity