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

The latest value for GNI per capita, Atlas method (current US$) in Congo was 1,640.00 as of 2018. Over the past 56 years, the value for this indicator has fluctuated between 2,590.00 in 2014 and 150.00 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 150.00
1963 150.00
1964 160.00
1965 170.00
1966 180.00
1967 190.00
1968 200.00
1969 220.00
1970 220.00
1971 230.00
1972 270.00
1973 340.00
1974 420.00
1975 500.00
1976 480.00
1977 450.00
1978 490.00
1979 610.00
1980 830.00
1981 1,090.00
1982 1,220.00
1983 1,080.00
1984 1,060.00
1985 990.00
1986 980.00
1987 1,050.00
1988 930.00
1989 940.00
1990 930.00
1991 960.00
1992 1,060.00
1993 800.00
1994 680.00
1995 430.00
1996 470.00
1997 590.00
1998 580.00
1999 490.00
2000 560.00
2001 630.00
2002 670.00
2003 690.00
2004 770.00
2005 950.00
2006 1,180.00
2007 1,350.00
2008 1,790.00
2009 1,880.00
2010 2,120.00
2011 2,120.00
2012 2,390.00
2013 2,490.00
2014 2,590.00
2015 2,410.00
2016 1,820.00
2017 1,480.00
2018 1,640.00

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