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

The latest value for GNI per capita, Atlas method (current US$) in Lesotho was 1,100.00 as of 2020. Over the past 54 years, the value for this indicator has fluctuated between 1,500.00 in 2012 and 80.00 in 1966.

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
1966 80.00
1967 80.00
1968 80.00
1969 80.00
1970 90.00
1971 90.00
1972 100.00
1973 150.00
1974 220.00
1975 230.00
1976 280.00
1977 310.00
1978 340.00
1979 400.00
1980 440.00
1981 510.00
1982 610.00
1983 540.00
1984 490.00
1985 410.00
1986 390.00
1987 420.00
1988 500.00
1989 520.00
1990 550.00
1991 580.00
1992 650.00
1993 660.00
1994 680.00
1995 690.00
1996 700.00
1997 690.00
1998 620.00
1999 610.00
2000 580.00
2001 640.00
2002 590.00
2003 670.00
2004 810.00
2005 1,020.00
2006 1,130.00
2007 1,300.00
2008 1,290.00
2009 1,190.00
2010 1,270.00
2011 1,360.00
2012 1,500.00
2013 1,460.00
2014 1,350.00
2015 1,310.00
2016 1,270.00
2017 1,190.00
2018 1,230.00
2019 1,290.00
2020 1,100.00

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