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Jul 1, 2024 · Explore the updated World Bank country income classifications for 2024-2025, highlighting GNI per capita shifts and global economic trends. Discover which countries moved between income categories and understand the factors driving these changes.
Jun 30, 2023 · The World Bank Group assigns the world’s economies to four income groups – low, lower-middle, upper-middle, and high. The classifications are updated each year on July 1, based on the GNI per capita of the previous calendar year.
- This Map Compares The Size of State Economies with Entire Countries
- States as Countries
- Sum of The Parts
The United States is the world’s largest economy, but sometimes it’s easy to forget just how massive a $19 trillion economy actually is. The only comparable economy in size would be China, but unfortunately the incredible scope of China’s economic boom is something that is also difficult for foreigners to wrap their heads around. We’ve tried to do ...
Today’s infographic comes to us from the Carpe Diem blogdone by Mark Perry at the American Enterprise Institute. It matches the size of U.S. state economies, based on nominal GDP numbers, with comparable countries around the world. For example, the state of Texas ($1.7 trillion) is roughly the equivalent of Canada ($1.65 trillion), while Maine ($61...
By looking at the United States in this unique way, we really get a better sense of the scale of the country’s economy as a whole. Add together just the states of California, Texas, and New York, and you’ve got an economy the size of the United Kingdom, Canada, and South Korea put together. And with each additional state, you’re adding significant ...
countries into four groups—low income, lower middle income, upper middle income, and high income—using gross national income (GNI) per capita valued annually in US dollars using a three-year average exchange rate (World Bank, 1989).
Countries in the world ranked by Gross Domestic Product (GDP). List and ranking of GDP growth, GDP per capita and couuntry share of World's GDP
The world by income. The World Bank classifies economies for analytical purposes into four income groups: low, lower-middle, upper-middle, and high income. For this purpose it uses gross national income (GNI) per capita data in U.S. dollars, converted from local currency using the World Bank Atlas method, which is applied to smooth exchange ...
People also ask
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according to International Monetary Fund estimates [n 1] [1] Countries by estimated nominal GDP in 2024. [n 2] > $20 trillion. $10–20 trillion. $5–10 trillion. $1–5 trillion. $750 billion – $1 trillion. $500–750 billion. $250–500 billion.
