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. Gross national income (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. Although this is significantly lower than the $43,861 average of OECD economies, China’s GNI per capita is on the high end among fellow BRICS countries. Personal Income for China from National Bureau of Statistics of the People's Republic of China for the China Statistical Yearbook release. Decades of economic development have fueled a massive increase in incomes in China. Definition: GNI per capita is gross national income divided by midyear population. The value of gross national income, GNI, differs from that of GDP because it reflects the impact of domestic and international trade. GNI of China increased from 99,648 million US dollars in 1970 to 14,309,117 million US dollars in 2019 growing at an average annual rate of 11.13%. The GDP value of China represents 11.81 percent of the world economy. The value for GNI per capita (current LCU) in China was 64,399.82 as of 2018. GNP and GDP both reflect the national output and income of an economy. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. The Rise of China’s Middle Class . The gross national income in 2019 was 98,845.8 billion yuan, up by 6.2% over the previous year. Gross national income takes a country’s GDP, adds the value of income from imports, and subtracts the value of money from exports. China GDP (Gross Domestic Product) was INT$23,102.44billion for 2019 in PPP terms. For more than a century, the United States has been the world's biggest economy, accounting for over 24% of the world’s gross domestic product (GDP) … Gross national income per capita 2019, Atlas method and PPP Purchasing Atlas power parity methodology (international Ranking Economy (US dollars) Ranking Economy dollars) 1 Switzerland 85,500 1 Macao SAR, China 123,290 l 2 Norway 82,500 2 Qatar 94,170 In 2019, GNI for China was 14,309,117 million US dollars. Gross national income (GNI) is defined as gross domestic product, plus net receipts from abroad of compensation of employees, property income and net taxes less subsidies on production. This page provides forecast and historical data, charts, statistics, news and updates for China Personal Income. Data are in current international dollars. China’s Gross National Income (GNI) per capita has grown more than ten-fold since 2000, reaching $10,410 in 2019. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. - … The Gross Domestic Product (GDP) in China was worth 14342.90 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The main difference is that GNP (Gross National Product) takes into account net income receipts from abroad. GDP (Gross Domestic Product) is a measure of (national income = national output = national expenditure) produced in a particular country. As the graph below shows, over the past 58 years this indicator reached a maximum value of 64,399.82 in 2018 and a minimum value of 174.56 in 1962.

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