The national gross income per capita in Guyana increased by 5,440 U.S. dollars (+36.46 percent) in 2023. Therefore, the national gross income in Guyana reached a peak in 2023 with 20,360 U.S. dollars. Gross national income (GNI) per capita is the total amount of money received by a country (regardless of whether it originates in the country or abroad) divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which uses a price adjusted, three year moving average, which smooths out exchange rate fluctuations.
The source provides the following additional information: 'GNI 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.'
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World Bank. (June 28, 2024). Gross national income per capita in Guyana from 2014 to 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1070071/gross-national-income-per-capita-guyana/
World Bank. "Gross national income per capita in Guyana from 2014 to 2023 (in U.S. dollars)." Chart. June 28, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1070071/gross-national-income-per-capita-guyana/
World Bank. (2024). Gross national income per capita in Guyana from 2014 to 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1070071/gross-national-income-per-capita-guyana/
World Bank. "Gross National Income per Capita in Guyana from 2014 to 2023 (in U.S. Dollars)." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/1070071/gross-national-income-per-capita-guyana/
World Bank, Gross national income per capita in Guyana from 2014 to 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/1070071/gross-national-income-per-capita-guyana/ (last visited August 25, 2024)
Gross national income per capita in Guyana from 2014 to 2023 (in U.S. dollars) [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/1070071/gross-national-income-per-capita-guyana/