Channel Islands - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in Channel Islands was $10,240,940,000 as of 2007. Over the past 7 years, the value for this indicator has fluctuated between $10,240,940,000 in 2007 and $6,091,305,000 in 2002.

Definition: 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 U.S. dollars. 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
2000 $6,310,778,000
2001 $6,181,741,000
2002 $6,091,305,000
2003 $6,503,284,000
2004 $7,587,639,000
2005 $8,535,539,000
2006 $9,294,674,000
2007 $10,240,940,000

GNI (current US$)

The latest value for GNI (current US$) in Channel Islands was $10,888,360,000 as of 2007. Over the past 9 years, the value for this indicator has fluctuated between $10,888,360,000 in 2007 and $6,035,111,000 in 1998.

Definition: 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 U.S. dollars.

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

See also:

Year Value
1998 $6,035,111,000
1999 $6,206,115,000
2000 $6,243,002,000
2001 $6,080,323,000
2002 $6,482,314,000
2003 $7,173,878,000
2004 $8,288,173,000
2005 $8,512,727,000
2006 $9,205,152,000
2007 $10,888,360,000

GNI (current LCU)

The value for GNI (current LCU) in Channel Islands was 5,442,000,000 as of 2007. As the graph below shows, over the past 37 years this indicator reached a maximum value of 5,442,000,000 in 2007 and a minimum value of 123,000,000 in 1970.

Definition: 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
1970 123,000,000
1971 142,100,000
1972 167,000,000
1973 221,200,000
1974 268,000,000
1975 307,800,100
1976 365,300,000
1977 415,800,100
1978 496,300,000
1979 550,500,100
1980 662,300,200
1981 716,600,100
1982 791,000,100
1983 878,600,200
1984 928,600,100
1985 1,004,300,000
1998 3,644,000,000
1999 3,836,000,000
2000 4,126,000,000
2001 4,224,000,000
2002 4,325,000,000
2003 4,394,000,000
2004 4,527,000,000
2005 4,682,000,000
2006 5,003,000,000
2007 5,442,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts