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

The latest value for GNI per capita, Atlas method (current US$) in Guyana was 7,130.00 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 7,130.00 in 2020 and 250.00 in 1963.

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 280.00
1963 250.00
1964 280.00
1965 310.00
1966 320.00
1967 340.00
1968 330.00
1969 350.00
1970 360.00
1971 380.00
1972 390.00
1973 430.00
1974 540.00
1975 680.00
1976 660.00
1977 610.00
1978 620.00
1979 670.00
1980 760.00
1981 740.00
1982 590.00
1983 510.00
1984 470.00
1985 500.00
1986 520.00
1987 460.00
1988 470.00
1989 360.00
1990 400.00
1991 330.00
1992 390.00
1993 460.00
1994 570.00
1995 670.00
1996 830.00
1997 890.00
1998 880.00
1999 860.00
2000 890.00
2001 880.00
2002 890.00
2003 940.00
2004 1,030.00
2005 1,090.00
2006 1,470.00
2007 2,280.00
2008 3,850.00
2009 4,190.00
2010 4,510.00
2011 4,820.00
2012 5,290.00
2013 5,540.00
2014 5,570.00
2015 5,470.00
2016 5,600.00
2017 5,910.00
2018 6,290.00
2019 6,630.00
2020 7,130.00

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