Palau - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Palau was 14,390 as of 2020. Over the past 18 years, the value for this indicator has fluctuated between 17,380 in 2018 and 8,810 in 2003.

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
2002 9,200
2003 8,810
2004 9,420
2005 10,350
2006 10,830
2007 11,780
2008 11,800
2009 11,090
2010 11,400
2011 12,270
2012 12,760
2013 12,870
2014 14,150
2015 15,860
2016 16,720
2017 16,540
2018 17,380
2019 16,710
2020 14,390

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in Palau was 14,504 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 18,280 in 2016 and a minimum value of 8,518 in 2003.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) 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. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 8,558
2001 9,110
2002 9,356
2003 8,518
2004 8,955
2005 10,465
2006 10,818
2007 11,562
2008 11,870
2009 11,076
2010 11,232
2011 12,013
2012 13,073
2013 13,664
2014 14,753
2015 17,112
2016 18,280
2017 17,047
2018 17,083
2019 16,224
2020 14,504

GNI per capita (constant 2010 US$)

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) 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. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2015 17,112

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Palau was 16,620 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 19,680 in 2016 and 11,110 in 2000.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. 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. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2000 11,110
2001 12,000
2002 12,470
2003 11,860
2004 12,510
2005 13,590
2006 14,270
2007 15,460
2008 15,290
2009 14,200
2010 14,720
2011 16,200
2012 16,930
2013 16,710
2014 17,870
2015 19,390
2016 19,680
2017 18,910
2018 19,430
2019 19,130
2020 16,620

GNI per capita, PPP (constant 2011 international $)

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. 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. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2017 18,910

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts