GNI per capita - Atlas method (US dollar) in South Korea

GNI per capita; Atlas method (US dollar) in South Korea was last measured at 20870 in 2011, according to the World Bank. 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.This page has the latest values, historical data, forecasts, charts, statistics, an economic calendar and news for GNI per capita - Atlas method (US dollar) in South Korea.

TO

 south korea gni per capita atlas method us dollar wb data




OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News










Markets

GDP

Labour

Prices

Money

Trade

Government

Business

Consumer

Taxes

Housing