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

The latest value for GNI per capita, Atlas method (current US$) in Norway was 80,610 as of 2018. Over the past 56 years, the value for this indicator has fluctuated between 104,560 in 2014 and 1,610 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 1,610
1963 1,710
1964 1,860
1965 2,050
1966 2,240
1967 2,470
1968 2,630
1969 2,850
1970 3,120
1971 3,570
1972 4,230
1973 5,320
1974 6,750
1975 8,380
1976 9,150
1977 9,960
1978 11,110
1979 13,110
1980 15,650
1981 16,420
1982 15,750
1983 14,940
1984 15,150
1985 15,710
1986 17,550
1987 20,830
1988 23,970
1989 25,080
1990 26,510
1991 27,830
1992 30,790
1993 30,220
1994 30,860
1995 32,700
1996 35,800
1997 37,920
1998 36,110
1999 35,550
2000 36,570
2001 38,250
2002 39,880
2003 44,750
2004 54,110
2005 63,790
2006 69,990
2007 78,500
2008 87,520
2009 87,910
2010 88,560
2011 90,420
2012 99,220
2013 104,330
2014 104,560
2015 93,110
2016 81,810
2017 76,210
2018 80,610

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