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What are the 4 income groups in the world?
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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.
- WDI - The World by Income and Region
The World Bank classifies economies for analytical purposes...
- New World Bank country classifications by income level: 2022-2023
The World Bank assigns the world’s economies to four income...
- New World Bank country classifications by income level: 2021-2022
The World Bank assigns the world’s economies to four income...
- WDI - The World by Income and Region
Apr 21, 2018 · The World Bank classifies economies for analytical purposes into four income groups: low, lower-middle, upper-middle, and high income.
Mar 11, 2024 · The World Bank's income classifications split countries into one of four categories determined by the country's gross national income (GNI) per capita. The GNI thresholds between income groups have changed through time based on World Bank definitions.
Jul 1, 2022 · The World Bank assigns the world’s economies to four income groups—low, lower-middle, upper-middle, and high income. The classifications are updated each year on July 1 and are based on the GNI per capita of the previous year (2021).
Jul 1, 2020 · The World Bank assigns the world’s economies to four income groups—low, lower-middle, upper-middle, and high-income countries. 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 (i.e. 2020 in this case).
When it comes to income , the World Bank divides the world's economies into four income groups: high, upper-middle, lower-middle, and low. The income classification is based on a measure of national income per person, or GNI per capita, calculated using the Atlas method.
Aug 3, 2020 · The World Bank groups economies into one of four categories: low income, lower-middle income, upper-middle income, high income. The categories are used to show how different groups of countries are doing against measures such as reducing poverty, growth, increasing income per head of population, and so on.
