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

The latest value for GNI per capita, Atlas method (current US$) in Namibia was 5,220 as of 2018. Over the past 36 years, the value for this indicator has fluctuated between 6,020 in 2013 and 1,320 in 1985.

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
1982 1,980
1983 1,840
1984 1,670
1985 1,320
1986 1,340
1987 1,600
1988 1,690
1989 1,850
1990 1,990
1991 2,150
1992 2,300
1993 2,210
1994 2,270
1995 2,460
1996 2,510
1997 2,510
1998 2,370
1999 2,240
2000 2,260
2001 2,100
2002 2,010
2003 2,290
2004 2,890
2005 3,530
2006 4,040
2007 4,210
2008 4,310
2009 4,260
2010 4,510
2011 5,160
2012 5,690
2013 6,020
2014 5,990
2015 5,550
2016 4,980
2017 4,800
2018 5,220

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