Annual growth in GNI per capita

Calculation

Quotient of (difference between current year and previous year GNI per capita)/(previous year GNI per capita).

Definition

Gross national income (GNI) per capita is converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a US dollar has in the United States. 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. Data are in constant 2011 international dollars.

Relevance

The GNI is a measure of the economic strength of a country's citizens, whether residing domestically or abroad. A strong GNI is associated with a strong economy, which is an important driver of food systems.