Brunei - GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Brunei was 29,660 as of 2018. Over the past 29 years, the value for this indicator has fluctuated between 45,320 in 2013 and 12,090 in 1989.

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
1989 12,090
1990 12,460
1991 13,580
1992 15,160
1993 15,030
1994 15,090
1995 15,680
1996 16,210
1997 16,220
1998 14,420
1999 14,040
2000 14,680
2001 16,070
2002 17,140
2003 17,810
2004 19,990
2005 23,090
2006 27,580
2007 30,930
2008 34,150
2009 32,460
2010 33,300
2011 35,520
2012 42,370
2013 45,320
2014 43,140
2015 38,830
2016 33,160
2017 29,800
2018 29,660

Statistical Concept and Methodology: The World Bank uses Atlas method GNI per capita in U.S. dollars to classify countries for analytical purposes and to determine borrowing eligibility. For more information, see the metadata for Atlas method GNI in current U.S. dollars (NY.GNP.ATLS.CD) and total population (SP.POP.TOTL).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts