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

The latest value for GNI per capita, Atlas method (current US$) in Romania was 12,600 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between 12,620 in 2019 and 1,190 in 1993.

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
1992 1,250
1993 1,190
1994 1,270
1995 1,490
1996 1,640
1997 1,590
1998 1,580
1999 1,610
2000 1,710
2001 1,760
2002 1,950
2003 2,250
2004 2,960
2005 3,880
2006 4,900
2007 6,390
2008 8,800
2009 9,220
2010 8,640
2011 8,650
2012 8,760
2013 9,320
2014 9,700
2015 9,600
2016 9,620
2017 10,110
2018 11,430
2019 12,620
2020 12,600

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