Small states's GNI per capita (constant 2015 US$) was US$11,959 in 2024, the latest year in the World Bank's World Development Indicators. That is up 17.38% from US$10,188 in 2014 (1.62% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$11,959 | 2024 |
| Five years earlier | US$11,527 | 2019 |
| Ten years earlier | US$10,188 | 2014 |
| Highest | US$11,959 | 2024 |
| Lowest | US$9,389 | 2009 |
| Average since 2015 | US$11,142 | 2015–2024 |
| First recorded | US$10,246 |
What the numbers say
In 2024, Small states' GNI per capita (constant 2015 US$) rose US$247.3 on 2023 (from US$11,712 to US$11,959).
Across the 15 yearly changes before that (2009 to 2023), the average change was +US$97.71 and a typical year strayed about US$514.15 from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$812.54 in 2021 and the biggest yearly fall was US$1,203 in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$144.43 a year. A straight line explains 58% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Small states | US$11,959 | 2024 |
| World | US$11,299 | 2024 |
What this measures
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 17 values
| Year | GNI per capita (constant 2015 US$) |
|---|---|
| 2024 | 11,959 |
| 2023 | 11,712 |
| 2022 | 11,601 |
| 2021 | 11,136 |
| 2020 | 10,323 |
| 2019 | 11,527 |
| 2018 | 11,227 |
| 2017 | 11,012 |
| 2016 | 10,543 |
| 2015 | 10,383 |
| 2014 |
GNI per capita (constant 2015 US$) in nearby economies
More economic policy & debt data for Small states
- Foreign direct investment, net outflows (BoP, current US$) — US$12.49 billion (2025)
- Personal remittances, paid (current US$) — US$4.28 billion (2025)
- Foreign direct investment, net inflows (BoP, current US$) — US$40.34 billion (2025)
- Foreign direct investment, net inflows (% of GDP) — 12.23% (2025)
- Portfolio equity, net inflows (BoP, current US$) — US$643.45 million (2025)
- Personal remittances, received (current US$) — US$4.56 billion (2025)
- GDP (current US$) — US$337.31 billion (2025)
- GDP per capita (current US$) — US$16,578 (2025)
- Net financial flows, IBRD (NFL, current US$) — US$94.11 million (2024)
Reading data like this
Questions people ask
- What is Small states's GNI per capita (constant 2015 US$)?
- US$11,959 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2008?
- It is up 16.72% from US$10,246 in 2008 (0.97% a year on average, compounded). The highest value was US$11,959 in 2024 and the lowest US$9,389 in 2009.
- Is the latest change in GNI per capita (constant 2015 US$) unusual for Small states?
- In 2024, Small states' GNI per capita (constant 2015 US$) rose US$247.3 on 2023 (from US$11,712 to US$11,959). Across the 15 yearly changes before that (2009 to 2023), the average change was +US$97.71 and a typical year strayed about US$514.15 from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator NY.GNP.PCAP.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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