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

GNI per capita, Atlas method (current US$) in Mongolia was at 3870 USD in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 mongolia gni per capita atlas method us dollar wb data




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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.


Mongolia | Economy & Growth

GDP (current US$)
11741338841 USD
GDP (current LCU)
23134067938963 LCU
GDP (constant 2000 US$)
11677573630 USD
GDP (constant LCU)
15847217101182 LCU
GNI (current US$)
10777554097 USD
GNI (current LCU)
21235113991584 LCU
GNI (constant 2000 US$)
10739364651 USD
GNI (constant LCU)
14574007284569 LCU
Gross savings (current LCU)
4926278750747 LCU