The Bahamas - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in The Bahamas was 26,490 as of 2016. Over the past 54 years, the value for this indicator has fluctuated between 26,780 in 2014 and 1,550 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 1,550
1963 1,650
1964 1,760
1965 1,900
1966 2,040
1967 2,230
1968 2,450
1969 2,760
1970 2,920
1971 3,110
1972 3,190
1973 3,740
1974 3,840
1975 4,640
1976 3,120
1977 3,360
1978 3,720
1979 5,200
1980 6,050
1981 5,790
1982 6,360
1983 6,640
1984 7,700
1985 8,510
1986 9,400
1987 10,790
1988 11,710
1989 12,430
1990 11,860
1991 11,320
1992 11,550
1993 11,310
1994 11,600
1995 14,260
1996 15,940
1997 13,660
1998 15,790
1999 19,020
2000 20,330
2001 20,870
2002 21,230
2003 21,650
2004 22,780
2005 23,510
2006 23,610
2007 23,860
2008 23,790
2009 22,270
2010 21,660
2011 21,330
2012 23,580
2013 25,060
2014 26,780
2015 26,130
2016 26,490

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in The Bahamas was 27,661 as of 2016. As the graph below shows, over the past 56 years this indicator reached a maximum value of 28,096 in 2012 and a minimum value of 1,393 in 1960.

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
1960 1,393
1961 1,484
1962 1,576
1963 1,678
1964 1,793
1965 1,928
1966 2,087
1967 2,298
1968 2,520
1969 2,890
1970 3,014
1971 3,121
1972 3,144
1973 3,498
1974 3,577
1975 4,340
1976 2,937
1977 3,193
1978 3,497
1979 4,884
1980 5,700
1981 5,917
1982 6,568
1983 7,080
1984 8,156
1985 9,119
1986 9,572
1987 10,398
1988 10,708
1989 11,636
1990 11,677
1991 11,229
1992 11,372
1993 10,929
1994 11,314
1995 13,857
1996 15,579
1997 16,695
1998 18,381
1999 20,204
2000 20,870
2001 21,076
2002 22,071
2003 21,705
2004 21,755
2005 22,852
2006 23,070
2007 23,625
2008 23,408
2009 21,608
2010 21,271
2011 20,909
2012 28,096
2013 27,431
2014 27,228
2015 28,015
2016 27,661

GNI per capita (constant 2010 US$)

The latest value for GNI per capita (constant 2010 US$) in The Bahamas was 19,177 as of 2016. Over the past 27 years, the value for this indicator has fluctuated between 26,082 in 1996 and 19,177 in 2016.

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
1989 23,077
1990 22,048
1991 20,697
1992 20,111
1993 19,518
1994 19,777
1995 23,674
1996 26,082
1997 21,205
1998 22,663
1999 23,708
2000 24,262
2001 24,433
2002 24,582
2003 23,918
2004 23,703
2005 23,677
2006 23,724
2007 23,585
2008 23,051
2009 21,513
2010 21,271
2011 21,112
2012 21,484
2013 20,954
2014 20,209
2015 19,427
2016 19,177

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in The Bahamas was -1.29 as of 2016. As the graph below shows, over the past 26 years this indicator reached a maximum value of 19.70 in 1995 and a minimum value of -18.70 in 1997.

Definition: Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1990 -4.46
1991 -6.13
1992 -2.83
1993 -2.95
1994 1.32
1995 19.70
1996 10.17
1997 -18.70
1998 6.87
1999 4.61
2000 2.34
2001 0.70
2002 0.61
2003 -2.70
2004 -0.90
2005 -0.11
2006 0.20
2007 -0.59
2008 -2.27
2009 -6.67
2010 -1.13
2011 -0.74
2012 1.76
2013 -2.47
2014 -3.55
2015 -3.87
2016 -1.29

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in The Bahamas was 25,079 as of 2016. As the graph below shows, over the past 27 years this indicator reached a maximum value of 34,109 in 1996 and a minimum value of 25,079 in 2016.

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 local currency.

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

Year Value
1989 30,180
1990 28,834
1991 27,067
1992 26,301
1993 25,526
1994 25,863
1995 30,960
1996 34,109
1997 27,731
1998 29,637
1999 31,005
2000 31,730
2001 31,953
2002 32,148
2003 31,279
2004 30,998
2005 30,964
2006 31,026
2007 30,844
2008 30,145
2009 28,134
2010 27,817
2011 27,610
2012 28,096
2013 27,403
2014 26,429
2015 25,407
2016 25,079

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in The Bahamas was 21,680 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 23,260 in 2007 and 14,220 in 1993.

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
1990 14,840
1991 14,380
1992 14,330
1993 14,220
1994 14,710
1995 18,250
1996 20,690
1997 16,740
1998 18,080
1999 19,230
2000 20,130
2001 20,720
2002 21,190
2003 21,010
2004 21,380
2005 22,070
2006 22,770
2007 23,260
2008 23,150
2009 21,760
2010 21,770
2011 22,030
2012 22,870
2013 22,650
2014 22,250
2015 21,690
2016 21,680

GNI per capita, PPP (constant 2011 international $)

The latest value for GNI per capita, PPP (constant 2011 international $) in The Bahamas was 20,007 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 27,211 in 1996 and 20,007 in 2016.

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
1990 23,003
1991 21,593
1992 20,982
1993 20,363
1994 20,633
1995 24,698
1996 27,211
1997 22,123
1998 23,644
1999 24,735
2000 25,313
2001 25,491
2002 25,646
2003 24,953
2004 24,729
2005 24,702
2006 24,751
2007 24,606
2008 24,049
2009 22,444
2010 22,191
2011 22,026
2012 22,414
2013 21,861
2014 21,084
2015 20,268
2016 20,007

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts