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

The latest value for GNI per capita, Atlas method (current US$) in Luxembourg was 81,110 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 87,950 in 2012 and 1,630 in 1962.

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 1,630
1963 1,680
1964 1,870
1965 1,920
1966 2,020
1967 2,070
1968 2,240
1969 2,560
1970 3,220
1971 3,440
1972 4,050
1973 5,200
1974 6,850
1975 7,890
1976 8,470
1977 9,030
1978 10,600
1979 12,870
1980 15,390
1981 15,400
1982 14,850
1983 13,410
1984 12,990
1985 13,050
1986 15,520
1987 19,980
1988 25,870
1989 28,540
1990 31,330
1991 35,170
1992 38,990
1993 40,050
1994 41,330
1995 45,760
1996 48,560
1997 49,360
1998 46,350
1999 46,520
2000 45,690
2001 45,000
2002 42,520
2003 46,050
2004 62,680
2005 73,180
2006 71,370
2007 85,730
2008 86,000
2009 70,650
2010 77,640
2011 79,210
2012 87,950
2013 85,160
2014 86,760
2015 73,530
2016 73,730
2017 75,800
2018 79,540
2019 77,110
2020 81,110

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