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

The latest value for GNI per capita, Atlas method (current US$) in Nicaragua was 1,850.00 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 2,030.00 in 2017 and 140.00 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 140.00
1963 150.00
1964 160.00
1965 200.00
1966 230.00
1967 290.00
1968 290.00
1969 310.00
1970 310.00
1971 320.00
1972 330.00
1973 380.00
1974 510.00
1975 570.00
1976 600.00
1977 680.00
1978 650.00
1979 500.00
1980 600.00
1981 660.00
1982 680.00
1983 680.00
1984 700.00
1985 690.00
1986 750.00
1987 860.00
1988 680.00
1989 360.00
1990 310.00
1991 220.00
1992 240.00
1993 290.00
1994 450.00
1995 610.00
1996 880.00
1997 880.00
1998 880.00
1999 930.00
2000 960.00
2001 970.00
2002 960.00
2003 1,000.00
2004 1,080.00
2005 1,160.00
2006 1,200.00
2007 1,290.00
2008 1,390.00
2009 1,380.00
2010 1,460.00
2011 1,570.00
2012 1,670.00
2013 1,740.00
2014 1,830.00
2015 1,890.00
2016 1,960.00
2017 2,030.00
2018 1,970.00
2019 1,900.00
2020 1,850.00

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