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

The latest value for GNI per capita, Atlas method (current US$) in New Caledonia was 14,020 as of 2000. Over the past 33 years, the value for this indicator has fluctuated between 18,240 in 1996 and 1,830 in 1967.

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
1967 1,830
1968 2,160
1969 2,520
1970 3,220
1971 3,420
1972 3,780
1973 3,990
1974 5,270
1975 6,400
1976 6,440
1977 6,580
1978 6,980
1979 6,900
1980 7,980
1981 7,940
1982 7,160
1983 5,920
1984 5,480
1985 5,510
1986 6,170
1987 8,070
1988 13,270
1989 14,530
1990 14,760
1991 15,200
1992 16,070
1993 16,340
1994 16,780
1995 18,220
1996 18,240
1997 17,810
1998 15,730
1999 14,810
2000 14,020

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