Another word for average income of a person or a country
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Official data is published by several organisations like World Bank, International Monetary Fund or the OECD on a regular basis. Unfortunately there are no standardized procedures to adjust inflation, currency fluctuations or real purchase power. Thats why each institution has its own ranking and varying results.
The above list is therefore calculated according to the Atlas method from the quotient of the gross national income (formerly also called "gross national product") and the population of the country. For both figures, we take the last official numbers, which are usually those of the previous year. For the vast majority of countries, the above table is based on information from the year 2016. In some countries, however, these starting figures are not regularly collected or published and may be older or official estimates of the institutions mentioned
The above list is therefore calculated according to the Atlas method from the quotient of the gross national income (formerly also called "gross national product") and the population of the country. For both figures, we take the last official numbers, which are usually those of the previous year. For the vast majority of countries, the above table is based on information from the year 2016. In some countries, however, these starting figures are not regularly collected or published and may be older or official estimates of the institutions mentioned
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