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Code6.0.GNIpc
Indicator NameGNI per capita (2011 $)
Short definitionGNI 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. 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 the Euro area, Japan, the United Kingdom, and the United States.
SourceLAC Equity Lab Tablulations of the World Development Indicators (World Bank).
TopicEconomic Growth
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