World Bank High Income Countries

For this purpose it uses gross national income GNI per capita data in US. Updated country income classifications for the World Banks 2020 fiscal year are available here.

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As countries have transitioned to middle income status more people are living below the World Banks international extreme poverty line in middle income countries than in low income countries.

World bank high income countries. High Income Threshold Number of economies GNI Year Term of Income Classification FY21 July 2020 1035 or less 1036 to 4045 4046 to 12535 until 1 July 2021 12536 or more World Bank list of economies June 2020 This table classifies all World Bank member countries 189 and all other economies with populations of more than 30000. The World Bank classifies the worlds economies into four income groups high upper-middle lower-middle and low. The World Bank classifies economies for analytical purposes into four income groups.

Lower middle-income economies are those with a GNI per capita between 1036 and 4045. From low income to lower-middle income. Upper-middle-income countries Per capita income US 3976 12275.

81 rows As of November 2020 77 countries and territories are classified by the World Bank as high. High-income group Andorra British Virgin Islands UK Cook Islands New Zealand Faroe Islands Denmark Gibraltar UK Guam US Monaco Northern Mariana Islands US Saint Martin France San Marino Sint Maarten Netherlands US. World Bank list of economies June 2017 Economy Income group 136 Myanmar Lower middle income 137 Namibia Upper middle income 138 Nauru Upper middle income 139 Nepal Low income 140 Netherlands High income 141 New Caledonia High income 142 New Zealand High income 143 Nicaragua Lower middle income 144 Niger Low income 145 Nigeria Lower middle income.

The World Bank assigns the worlds economies to four income groupslow lower-middle upper-middle and high-income countries. Low lower-middle upper-middle and high income. The classifications are updated each year on July 1 and are based on GNI per capita in current USD using the Atlas method exchange rates of the previous.

High-income countries Per capita income US 12275. Virgin Islands US Upper-middle-income group American Samoa US Low-income group Venezuela. Upper middle-income economies are those with a GNI per capita between 4046 and 12535.

The World Bank categorises the Worlds economies into four income groups-- low lower-middle upper-middle and high-income countries. These changes in the world economy along with a rapid increase in the user base of World Bank. From upper-middle income to high income.

From upper-middle income to high income. From upper-middle income to high income. From low income to lower-middle income.

The World Bank groups the worlds economies into four categories on the basis of income per capita high upper-middle lower-middle and low. We base this assignment on Gross National Income GNI per capita current US calculated using the Atlas method. The classifications are updated each year on July 1 and are based on GNI per capita in current USD using the Atlas method exchange rates of the previous year ie.

The World Bank assigns the worlds economies to four income groupslow lower-middle upper-middle and high-income countries. The number of high income countries has risen to 80. Dollars converted from local currency using the World Bank Atlas method which is applied to smooth exchange rate fluctuations.

In order to distinguish between different income levels it is useful to apply the World Bank country classifications according to income groups. On July 1 every year the World Bank classifies the countries. Each year on July 1st the classifications are updated based on new income per capita data for countries and changes to the thresholds that separate the categories which are adjusted for inflation.

For the current 2021 fiscal year low-income economies are defined as those with a GNI per capita calculated using the World Bank Atlas method of 1035 or less in 2019.

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