San Marino: GNI per capita, PPP (current international $)
In , San Marino's GNI per capita, PPP (current international $) was 71,860.00.
That's up 3.6% from 2022, the highest value on record.
The global average for this indicator in 2023 was 30,385.19 .
Source: World Bank Open Data (NY.GNP.PCAP.PP.CD) • Data as of 2023
Trend (2017–2023)
- 2020 · COVID-19 pandemic
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 71,860.00
- Trough
- 48,600.00
- 1-year change
- +3.6%
- 5-year change
- +44.9%
- +7.7% / yr
Historical Data — Last 10 Years
| Year | GNI per capita, PPP (current international $) |
|---|---|
| 71,860.0000 | |
| 69,380.0000 | |
| 58,350.0000 | |
| 49,830.0000 | |
| 52,590.0000 | |
| 49,590.0000 | |
| 48,600.0000 |
About GNI per capita, PPP (current international $)
This indicator provides values for gross national income (GNI) per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. The core indicator has been divided by the general population to achieve a per capita estimate. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.
Indicator code: NY.GNP.PCAP.PP.CD • Category: Economy
Frequently asked questions
- What was San Marino's GNI per capita, PPP (current international $) in 2023?
- In 2023, San Marino's GNI per capita, PPP (current international $) was 71,860.00, according to World Bank Open Data.
- Is San Marino's GNI per capita, PPP (current international $) rising or falling?
- San Marino's GNI per capita, PPP (current international $) rose 3.6% from 2022 to 2023.
- How does San Marino's GNI per capita, PPP (current international $) compare to the world average?
- The global average for GNI per capita, PPP (current international $) in 2023 was 30,385.19, so San Marino is above the world average.
- What is GNI per capita, PPP (current international $) and how is it measured?
- This indicator provides values for gross national income (GNI) per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. The core indicator has been divided by the general population to achieve a per capita estimate. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.
Source: World Bank Open Data (NY.GNP.PCAP.PP.CD), CC BY 4.0.