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

The latest value for GNI per capita, Atlas method (current US$) in Lebanon was 5,370 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 7,750 in 2018 and 1,310 in 1990.

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
1990 1,310
1991 1,700
1992 1,920
1993 2,220
1994 2,610
1995 3,160
1996 3,720
1997 4,000
1998 4,250
1999 4,490
2000 4,600
2001 4,460
2002 4,200
2003 3,790
2004 4,730
2005 4,890
2006 4,860
2007 5,410
2008 6,060
2009 6,870
2010 7,470
2011 7,560
2012 7,560
2013 7,640
2014 7,550
2015 7,300
2016 7,250
2017 7,490
2018 7,750
2019 7,420
2020 5,370

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