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

The latest value for GNI per capita, Atlas method (current US$) in Israel was 42,610 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 43,540 in 2019 and 1,310 in 1964.

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 1,320
1963 1,330
1964 1,310
1965 1,440
1966 1,470
1967 1,480
1968 1,730
1969 1,910
1997 18,960
1998 18,770
1999 18,480
2000 19,360
2001 19,310
2002 18,540
2003 18,650
2004 20,010
2005 21,500
2006 22,370
2007 24,040
2008 26,270
2009 27,400
2010 29,770
2011 31,760
2012 32,540
2013 34,670
2014 36,300
2015 36,200
2016 36,540
2017 37,970
2018 41,320
2019 43,540
2020 42,610

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