Global adjusted net national income per capita 1970-2020

Net national incomes have grown globally, growing from 692 U.S. dollars in 1970 to 8,700 in 2020. Much of this growth can be attributed to improvements in overall global development, as economies in developing countries have grown rapidly. Net national incomes grew steadily from the 1970s to the 2000s, and then experienced a sharper increase during the 2000s until the Great Recession, falling slightly in 2008. Net national incomes peaked at 9,600 U.S. dollars in 2011, and fell to 8,742 in 2020. Although there has been a slight decrease, they are still comparatively high.