European Union - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in European Union was $15,330,800,000,000 as of 2020. Over the past 48 years, the value for this indicator has fluctuated between $16,099,100,000,000 in 2019 and $943,399,000,000 in 1972.

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
1972 $943,399,000,000
1973 $1,217,210,000,000
1974 $1,517,320,000,000
1975 $1,761,980,000,000
1976 $1,878,170,000,000
1977 $2,024,310,000,000
1978 $2,304,470,000,000
1979 $2,862,260,000,000
1980 $3,440,680,000,000
1981 $3,418,890,000,000
1982 $3,102,520,000,000
1983 $2,767,430,000,000
1984 $2,693,580,000,000
1985 $2,704,270,000,000
1986 $3,136,060,000,000
1987 $4,021,100,000,000
1988 $5,228,840,000,000
1989 $5,621,600,000,000
1990 $6,074,560,000,000
1991 $6,513,100,000,000
1992 $7,326,810,000,000
1993 $7,238,170,000,000
1994 $7,458,370,000,000
1995 $7,890,900,000,000
1996 $8,381,740,000,000
1997 $8,411,220,000,000
1998 $8,086,480,000,000
1999 $7,980,580,000,000
2000 $7,954,530,000,000
2001 $7,667,820,000,000
2002 $7,549,330,000,000
2003 $8,552,550,000,000
2004 $10,442,800,000,000
2005 $12,040,700,000,000
2006 $12,948,800,000,000
2007 $13,891,600,000,000
2008 $15,156,400,000,000
2009 $15,262,200,000,000
2010 $15,367,500,000,000
2011 $15,541,900,000,000
2012 $15,247,400,000,000
2013 $15,419,700,000,000
2014 $15,444,200,000,000
2015 $14,857,100,000,000
2016 $14,344,600,000,000
2017 $14,217,100,000,000
2018 $15,457,100,000,000
2019 $16,099,100,000,000
2020 $15,330,800,000,000

GNI (current US$)

The latest value for GNI (current US$) in European Union was $15,320,000,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $16,221,200,000,000 in 2008 and $730,727,000,000 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 U.S. dollars.

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

See also:

Year Value
1970 $730,727,000,000
1971 $826,135,000,000
1972 $997,444,000,000
1973 $1,290,980,000,000
1974 $1,457,850,000,000
1975 $1,701,250,000,000
1976 $1,779,930,000,000
1977 $2,014,000,000,000
1978 $2,455,340,000,000
1979 $2,965,670,000,000
1980 $3,322,410,000,000
1981 $2,883,300,000,000
1982 $2,770,360,000,000
1983 $2,699,390,000,000
1984 $2,601,440,000,000
1985 $2,678,790,000,000
1986 $3,759,940,000,000
1987 $4,663,910,000,000
1988 $5,120,930,000,000
1989 $5,223,770,000,000
1990 $6,521,300,000,000
1991 $6,750,040,000,000
1992 $7,412,440,000,000
1993 $6,769,850,000,000
1994 $7,160,910,000,000
1995 $8,305,130,000,000
1996 $8,445,820,000,000
1997 $7,737,270,000,000
1998 $7,960,990,000,000
1999 $7,939,790,000,000
2000 $7,284,150,000,000
2001 $7,381,530,000,000
2002 $8,043,630,000,000
2003 $9,889,480,000,000
2004 $11,402,700,000,000
2005 $11,903,500,000,000
2006 $12,739,700,000,000
2007 $14,699,900,000,000
2008 $16,221,200,000,000
2009 $14,776,400,000,000
2010 $14,580,500,000,000
2011 $15,802,500,000,000
2012 $14,705,000,000,000
2013 $15,384,900,000,000
2014 $15,714,600,000,000
2015 $13,546,500,000,000
2016 $13,914,000,000,000
2017 $14,801,600,000,000
2018 $16,053,700,000,000
2019 $15,749,500,000,000
2020 $15,320,000,000,000

GNI (constant 2010 US$)

The latest value for GNI (constant 2010 US$) in European Union was 13,912,700,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 14,827,400,000,000 in 2019 and 5,203,370,000,000 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 constant 2010 U.S. dollars.

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

See also:

Year Value
1970 5,203,370,000,000
1971 5,361,590,000,000
1972 5,609,700,000,000
1973 5,945,630,000,000
1974 6,135,850,000,000
1975 6,076,510,000,000
1976 6,372,970,000,000
1977 6,548,300,000,000
1978 6,742,930,000,000
1979 7,009,580,000,000
1980 7,152,650,000,000
1981 7,165,370,000,000
1982 7,213,760,000,000
1983 7,322,980,000,000
1984 7,509,980,000,000
1985 7,695,140,000,000
1986 7,906,140,000,000
1987 8,127,190,000,000
1988 8,472,060,000,000
1989 8,799,500,000,000
1990 9,080,040,000,000
1991 9,263,520,000,000
1992 9,361,640,000,000
1993 9,305,930,000,000
1994 9,516,070,000,000
1995 9,769,050,000,000
1996 9,968,519,000,000
1997 10,235,900,000,000
1998 10,525,500,000,000
1999 10,864,900,000,000
2000 11,280,400,000,000
2001 11,494,600,000,000
2002 11,579,700,000,000
2003 11,683,200,000,000
2004 12,020,400,000,000
2005 12,265,500,000,000
2006 12,731,000,000,000
2007 13,087,600,000,000
2008 13,138,400,000,000
2009 12,630,100,000,000
2010 12,922,400,000,000
2011 13,176,500,000,000
2012 13,107,700,000,000
2013 13,112,700,000,000
2014 13,298,200,000,000
2015 13,546,500,000,000
2016 13,842,600,000,000
2017 14,246,600,000,000
2018 14,573,200,000,000
2019 14,827,400,000,000
2020 13,912,700,000,000

GNI, PPP (current international $)

The latest value for GNI, PPP (current international $) in European Union was 20,049,900,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 20,634,300,000,000 in 2019 and 6,191,990,000,000 in 1990.

Definition: PPP GNI (formerly PPP GNP) 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. Gross national income 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. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 6,191,990,000,000
1991 6,500,080,000,000
1992 6,719,320,000,000
1993 6,853,500,000,000
1994 7,180,850,000,000
1995 7,548,970,000,000
1996 7,823,700,000,000
1997 8,140,500,000,000
1998 8,519,180,000,000
1999 8,890,490,000,000
2000 9,467,850,000,000
2001 9,924,040,000,000
2002 10,352,100,000,000
2003 10,616,400,000,000
2004 11,177,200,000,000
2005 11,651,600,000,000
2006 12,719,800,000,000
2007 13,537,300,000,000
2008 14,193,600,000,000
2009 14,007,300,000,000
2010 14,493,800,000,000
2011 15,186,400,000,000
2012 15,445,600,000,000
2013 16,012,000,000,000
2014 16,466,800,000,000
2015 16,941,800,000,000
2016 18,059,700,000,000
2017 19,039,600,000,000
2018 19,994,000,000,000
2019 20,634,300,000,000
2020 20,049,900,000,000

GNI, PPP (constant 2011 international $)

The latest value for GNI, PPP (constant 2011 international $) in European Union was 18,658,900,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 19,874,700,000,000 in 2019 and 12,039,000,000,000 in 1990.

Definition: PPP GNI (formerly PPP GNP) 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. Gross national income 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 12,039,000,000,000
1991 12,255,400,000,000
1992 12,370,700,000,000
1993 12,299,600,000,000
1994 12,571,900,000,000
1995 12,911,400,000,000
1996 13,186,000,000,000
1997 13,524,800,000,000
1998 13,905,300,000,000
1999 14,336,800,000,000
2000 14,885,700,000,000
2001 15,179,700,000,000
2002 15,313,500,000,000
2003 15,460,500,000,000
2004 15,914,800,000,000
2005 16,270,000,000,000
2006 16,898,900,000,000
2007 17,388,500,000,000
2008 17,511,500,000,000
2009 16,852,300,000,000
2010 17,209,500,000,000
2011 17,535,200,000,000
2012 17,448,200,000,000
2013 17,461,700,000,000
2014 17,722,800,000,000
2015 18,071,200,000,000
2016 18,478,400,000,000
2017 19,039,600,000,000
2018 19,501,800,000,000
2019 19,874,700,000,000
2020 18,658,900,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts