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

The latest value for GNI per capita, Atlas method (current US$) in United Kingdom was 39,830 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 48,690 in 2008 and 2,530 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 2,530
1971 2,790
1972 3,200
1973 3,910
1974 4,370
1975 4,880
1976 5,020
1977 5,230
1978 5,950
1979 7,580
1980 9,550
1981 10,660
1982 10,660
1983 9,860
1984 9,270
1985 9,160
1986 10,250
1987 12,710
1988 16,160
1989 17,380
1990 18,570
1991 19,390
1992 21,480
1993 21,360
1994 21,890
1995 21,070
1996 22,790
1997 25,570
1998 26,900
1999 28,060
2000 29,280
2001 28,940
2002 29,180
2003 32,270
2004 37,860
2005 42,810
2006 45,160
2007 47,650
2008 48,690
2009 44,420
2010 41,940
2011 41,300
2012 41,940
2013 42,920
2014 44,670
2015 44,730
2016 43,460
2017 41,880
2018 42,410
2019 43,460
2020 39,830

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