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

The latest value for GNI per capita, Atlas method (current US$) in Saudi Arabia was 21,600.00 as of 2018. Over the past 48 years, the value for this indicator has fluctuated between 25,550.00 in 2014 and 930.00 in 1970.

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
1970 930.00
1971 1,000.00
1972 1,150.00
1973 1,600.00
1974 3,160.00
1975 4,500.00
1976 8,020.00
1977 8,770.00
1978 8,890.00
1979 11,170.00
1980 14,270.00
1981 16,530.00
1982 13,970.00
1983 11,320.00
1984 10,130.00
1985 9,010.00
1986 9,140.00
1987 7,700.00
1988 7,630.00
1989 7,080.00
1990 7,390.00
1991 8,310.00
1992 8,500.00
1993 8,050.00
1994 7,720.00
1995 7,810.00
1996 8,030.00
1997 8,230.00
1998 8,010.00
1999 7,650.00
2000 8,150.00
2001 8,520.00
2002 8,370.00
2003 9,480.00
2004 11,040.00
2005 12,650.00
2006 14,160.00
2007 15,800.00
2008 18,460.00
2009 17,900.00
2010 18,750.00
2011 20,880.00
2012 24,040.00
2013 25,440.00
2014 25,550.00
2015 23,710.00
2016 21,610.00
2017 19,990.00
2018 21,600.00

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