Variable: GNI, Atlas method (current US dollar)

QoG Code: (wdi_gniatlcur)


Dataset: World Development Indicators

Description:

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 U.S. dollars. 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.

Type of variable: Continuous

Downloaded by QoG on: 2023-01-23
Last updated by source: 2023-01-22


Categories:

Public Economy


Find this variable in:

OECD Cross-section - 2024 OECD Time-series - 2024 Standard Cross-section - 2024 Standard Time-series - 2024 Original Dataset

Details of this variable in our compilations datasets
Dataset No. Countries
Standard cross-section: 187
Standard time-series: 197
OECD cross-section: 38
OECD time-series: 40


This variable has information for these countries:

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This variable has information from the year 1962 to the year 2022