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

The latest value for GNI per capita, Atlas method (current US$) in Madagascar was 510.00 as of 2018. Over the past 56 years, the value for this indicator has fluctuated between 520.00 in 2014 and 130.00 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 130.00
1963 130.00
1964 140.00
1965 140.00
1966 150.00
1967 160.00
1968 170.00
1969 170.00
1970 180.00
1971 180.00
1972 190.00
1973 210.00
1974 260.00
1975 310.00
1976 300.00
1977 310.00
1978 310.00
1979 390.00
1980 460.00
1981 430.00
1982 390.00
1983 360.00
1984 320.00
1985 300.00
1986 290.00
1987 280.00
1988 260.00
1989 230.00
1990 240.00
1991 220.00
1992 230.00
1993 240.00
1994 240.00
1995 230.00
1996 240.00
1997 250.00
1998 250.00
1999 240.00
2000 250.00
2001 260.00
2002 230.00
2003 280.00
2004 290.00
2005 290.00
2006 280.00
2007 340.00
2008 430.00
2009 470.00
2010 470.00
2011 480.00
2012 500.00
2013 520.00
2014 520.00
2015 490.00
2016 470.00
2017 470.00
2018 510.00

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