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A high-income economy is defined by the World Bank as a nation with a gross national income per capita of US$12,696 or more in 2020, calculated using the Atlas method. [1] While the term "high-income" is often used interchangeably with "First World" and " developed country ," the technical definitions of these terms differ.
Romania 's economy ranks 35th in the world by its total GDP ( PPP ), with a Int$ 784 billion annual output (2023 est.). [5] The country is a leading destination in Central and Eastern Europe for foreign direct investment: the cumulative FDI since 1989 totals more than $170 billion. [48]
The economy of Chile is a market economy and high-income economy as ranked by the World Bank. [28] The country is considered one of South America's most prosperous nations, [29] leading the region in competitiveness, income per capita, globalization, economic freedom, and low perception of corruption. [30]
The economy of Uruguay features an export-oriented agricultural sector and a well-educated workforce, along with high levels of social spending. Tourism and banking are also prominent sectors; Uruguay acts as a regional hub for international finance and tourism. The country also has a history and representation of advanced workers-rights ...
The economy of Puerto Rico is classified as a high income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. The main drivers of Puerto Rico's economy are manufacturing, primarily pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate, and tourism.
Jul 1, 2020 · 12,630. 11,290. Tanzania. Lower-middle income. Low income. 1,080. 1,020. National accounts revisions have played a significant role in the upward revision for Benin, Nauru and Tanzania. For Sudan, the GNI series for 2009-2018 has been revised as a result of revisions to the exchange rates.
The map does not include classifications by the World Bank. A developed country, or high-income country, [3] [4] is a sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic ...
