GNI per capita (current LCU)

Data Source: World Bank, Long definition by ChatGPT: GNI per capita (current LCU) refers to the Gross National Income (GNI) of a country divided by its population, measured in the country's local currency unit (LCU) at the current market exchange rate. It is a statistical indicator that provides an approximation of the average income or economic output per person in a country. GNI includes all the income generated within a country's borders, including income from domestic production as well as income received from abroad, like foreign investments, remittances, and aid. By calculating GNI per capita in local currency units, it allows for comparison of living standards and economic performance among different countries. Description by ChatGPT OpenAI, #shorts