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

The latest value for GNI per capita, Atlas method (current US$) in Papua New Guinea was 2,570.00 as of 2018. Over the past 56 years, the value for this indicator has fluctuated between 2,990.00 in 2014 and 110.00 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 110.00
1963 120.00
1964 120.00
1965 140.00
1966 150.00
1967 160.00
1968 180.00
1969 200.00
1970 220.00
1971 240.00
1972 270.00
1973 350.00
1974 440.00
1975 490.00
1976 470.00
1977 470.00
1978 570.00
1979 640.00
1980 710.00
1981 720.00
1982 650.00
1983 610.00
1984 600.00
1985 610.00
1986 640.00
1987 690.00
1988 790.00
1989 800.00
1990 740.00
1991 790.00
1992 840.00
1993 980.00
1994 1,030.00
1995 950.00
1996 930.00
1997 850.00
1998 720.00
1999 630.00
2000 570.00
2001 510.00
2002 480.00
2003 470.00
2004 540.00
2005 650.00
2006 790.00
2007 1,070.00
2008 1,400.00
2009 1,510.00
2010 1,740.00
2011 1,820.00
2012 2,270.00
2013 2,500.00
2014 2,990.00
2015 2,910.00
2016 2,700.00
2017 2,570.00
2018 2,570.00

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