world bank high income threshold - EAS

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  1. US$12,696

    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

    Atlas method

    The Atlas method is a method used by the World Bank to estimate the size of economies in terms of gross national income (GNI) in U.S. dollars.

    . While the term "high-income" is often used interchangeably with "First World" and " developed country," the technical definitions of these terms differ.
    en.wikipedia.org/wiki/World_Bank_high-income_economy
    en.wikipedia.org/wiki/World_Bank_high-income_economy
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    What is a high income economy according to the World Bank?
    World Bank high-income economy. A high-income economy is defined by the World Bank as a country with a gross national income per capita of US$12,376 or more in 2018, calculated using the Atlas method.
    en.wikipedia.org/wiki/World_Bank_high-income_economy
    What is the threshold for the classification of low-income countries?
    In 1978, the first World Development Report introduced groupings of "low income" and "middle income" countries using a threshold of $250 per capita income as threshold between the groups.
    datatopics.worldbank.org/world-development-indicators/s…
    What are the different levels of income?
    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.
    datatopics.worldbank.org/world-development-indicators/s…
    What are the new thresholds for GNI per capita?
    The new thresholds (for GNI per capita in current USD, Atlas method) are as follows: Group July 1, 2021 (new) July 1, 2020 (old) Low income Lower-middle income 1,046 – 4,095 1,035 – 4,045 Upper-middle income 4,096 -12,695 4,046 -12,535 High income > 12,695 > 12,535
    blogs.worldbank.org/opendata/new-world-bank-country-cl…
  3. https://data.worldbank.org/income-level/high-income

    High income. Andorra. Antigua and Barbuda. Aruba. Australia. Austria. Bahamas, The. Bahrain. Barbados.

  4. https://blogs.worldbank.org/opendata/new-world...

    Jul 01, 2022 · The World Bank assigns the world’s economies [1] to four income groups—low, lower-middle, upper-middle, and high income. The classifications are updated each year on …

  5. https://en.wikipedia.org/wiki/World_Bank_high-income_economy

    The high-income threshold was originally set in 1989 at US$6,000 in 1987 prices. Thresholds for subsequent years were adjusted taking into account the average inflation in the G-5 countries (the United States, the United Kingdom, Japan, Germany, and France), and from 2001, that of Japan, the United Kingdom, the United States, and the eurozone. Thus, the thresholds remain constant in real terms over time. To ensure no country falls right on the threshold, country data are rounded to th…

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    • https://blogs.worldbank.org/opendata/new-world...

      Jul 01, 2021 · Upper-middle Income. High income. 10,230. 12,740. Panama. Upper-middle Income. High income. 11,880. 14,950. Romania. Upper-middle Income. High income. 12,570. …

    • https://www.worldbank.org/en/news/press-release/...

      Dec 10, 2014 · New World Bank Report Looks at Turkey’s Rise to the Threshold of High-Income Status and the Challenges Remaining. ISTANBUL, December 10, 2014— Steady …

    • https://datahelpdesk.worldbank.org/knowledgebase...

      There is no corresponding relationship between the upper-middle income and high-income threshold with the operational categories, but the staff report “Per Capita Income: Estimating …

    • https://blogs.worldbank.org/opendata/new-country...

      Jul 01, 2019 · The thresholds for income classification have increased from last year due to SDR inflation. As of July 1, 2019, the new thresholds for classification by income are: Threshold.

    • https://datatopics.worldbank.org/.../the-classification-of-countries-by-income.html

      Jul 01, 2019 · As of 1 July 2019, low-income economies are defined as those with a GNI per capita, calculated using the World Bank Atlas method, of $1,025 or less in 2018; lower middle

    • World Bank: Malaysia To Reach High-Income Threshold

      https://ringgitplus.com/en/blog/personal-finance...

      Mar 17, 2021 · That said, the World Bank also noted that Malaysia’s gross national income (GNI) per capita is estimated to reach US$11,200 (approximately RM46,150) in 2020 – only …

    • world bank high income - Alex Becker Marketing

      https://alexbecker.org/marketing/world-bank-high-income

      Mar 14, 2022 · 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. …

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