According to world bank what is low income countries

Question 1

Question 2

For the current 2020 fiscal year, 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-income economies are those with a GNI per capita between $1,026 and $3,995; upper-middle-income economies are those with a GNI per.
The World Bank assigns the world'* economies into four income groups — high, upper-middle, lower-middle, and low.
We base this assignment on GNI per capita calculated using the Atlas method.
In each country, factors such as income growth, inflation, exchange rates, and population change, influence GNI per capita. Jul 1, 2018.

kratos · Answer 1 · 2020-07-06T16:48:18+0000

For the current 2020 fiscal year, 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-income economies are those with a GNI per capita between $1,026 and $3,995; upper-middle-income economies are those with a GNI per.
The World Bank assigns the world'* economies into four income groups — high, upper-middle, lower-middle, and low.
We base this assignment on GNI per capita calculated using the Atlas method.
In each country, factors such as income growth, inflation, exchange rates, and population change, influence GNI per capita. Jul 1, 2018.

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