This indicator is based on GNI at current prices and is available in different measures: US dollars and US dollars per capita (both in current PPPs). Property income receivable from/payable to abroad includes interest, dividends, and all (or part of) retained earnings of foreign enterprises owned fully (or in part) by resident enterprises (and vice versa). Compensation of employees receivable from abroad are those that are earned by residents who essentially live inside the economic territory but work abroad (this happens in border areas on a regular basis), or for people who live and work abroad for short periods (seasonal workers) and whose centre of economic interest remains in their home country. The GNI per capita is the dollar value of a country's final income in a year, divided by its population. The high revenue and the relatively small population of around 2.6 million people also contribute to the high value.Macau is a small country (around 30.5 square kilometers) with a population of only 650,000 people. In 2020, Luxembourg and Qatar would have highest GDP per capita in nominal and PPP, respectively. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus).The World Bank assigns the world’s economies to four income groups—low, lower-middle, upper-middle, and high-income countries.
Methodology. 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). DataBank. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic.If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page.
However, the biggest issue has been conflict and poor leadership that have plagued the nation for a long time.Unfortunately, as an indicator of the economic situation of a country, the above method has its challenges. These two things, combined with the strong leisure and entertainment industry in the country easily place it in the second position. WDI Tables. The gross national income (GNI) of a nation refers to the total that is obtained after adding the gross domestic product (GDP) and net income from foreign sources. To keep the income classification thresholds fixed in real terms, they are adjusted annually for inflation. Please check your download folder.
By creating more job opportunities. Most Recent Year. China gni per capita for 2019 was $10,410, a 8.21% increase from 2018. Gross national income (GNI) is defined as gross domestic product, plus net receipts from abroad of compensation of employees, property income and net taxes less subsidies on production. Property income receivable from/payable to abroad includes interest, dividends, and all (or part of) retained earnings of foreign enterprises owned fully (or in part) by resident enterprises (and vice versa). Co-operation and Development CSV XML EXCEL. WDI Tables. Most Recent Value. All OECD countries compile their data according to the 2008 System of National Accounts (SNA).
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