Isle of Man - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Isle of Man was 83,920 as of 2019. Over the past 22 years, the value for this indicator has fluctuated between 89,000 in 2014 and 17,050 in 1997.

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
1997 17,050
1998 18,800
1999 21,310
2000 21,880
2001 22,480
2002 23,780
2003 27,790
2004 34,170
2005 39,600
2006 44,420
2007 47,220
2008 42,870
2009 45,990
2010 71,570
2011 74,390
2012 82,210
2013 87,840
2014 89,000
2015 83,990
2016 78,860
2017 78,810
2018 83,660
2019 83,920

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in Isle of Man was 64,536.14 as of 2019. As the graph below shows, over the past 49 years this indicator reached a maximum value of 64,536.14 in 2019 and a minimum value of 699.18 in 1971.

Definition: GNI per capita is gross national income divided by midyear population. 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 707.19
1971 699.18
1972 829.16
1973 1,034.20
1974 1,153.85
1975 1,395.38
1976 1,773.94
1977 1,977.66
1978 2,157.08
1979 2,579.89
1980 3,010.42
1981 3,201.73
1982 3,136.52
1983 3,529.21
1984 3,628.80
1985 3,770.04
1986 4,441.04
1987 5,109.44
1988 5,813.02
1989 6,508.40
1990 7,240.48
1991 7,744.57
1992 8,046.56
1993 8,173.41
1994 8,491.66
1995 9,021.88
1996 9,781.19
1997 10,851.53
1998 12,102.71
1999 13,576.74
2000 14,317.02
2001 15,570.36
2002 16,727.48
2003 18,175.65
2004 20,044.23
2005 21,594.47
2006 23,927.63
2007 26,499.56
2008 28,378.38
2009 29,161.54
2010 45,622.95
2011 49,201.32
2012 51,056.43
2013 54,853.26
2014 55,723.95
2015 53,684.27
2016 54,287.16
2017 59,152.25
2018 63,401.80
2019 64,536.14

GNI per capita (constant 2010 US$)

Definition: GNI per capita is gross national income divided by midyear population. 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
2015 82,023

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts