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The GCC countries, for example, are classified as developing high-income countries. Thus, a high-income country may be classified as either developed or developing. [2] Although Vatican City is a sovereign state, it is not classified by the World Bank under this definition. A map of World Bank high-income economies, as of 2023
The World Bank prefers the Atlas method for comparing the economic sizes of countries. It is used to categorize countries into low, middle, and high-income groups and to determine their eligibility for loans. This method helps avoid abrupt changes in country classification due to short-term economic fluctuations.
Download as PDF; Printable version; ... Pages in category "Economic country classifications" ... World Bank high-income economy
For the poorest developing countries in the world, the bank's assistance plans are based on poverty reduction strategies; by combining an analysis of local groups with an analysis of the country's financial and economic situation the World Bank develops a plan pertaining to the country in question. The government then identifies the country's ...
"Developed economies" according to this classification scheme are shown in blue. The map does not include classifications by the World Bank. A developed country, or advanced country, [3] [4] is a sovereign state that has a high quality of life, developed economy, and
A map of World Bank high-income economies in 2023. The World Bank classifies the world's economies into four groups, based on gross national income per capita calculated using the Atlas method, re-set each year on 1 July: [21] low-income countries; lower-middle income countries; upper-middle income countries
The first list includes estimates compiled by the International Monetary Fund's World Economic Outlook, the second list shows the World Bank's data, and the third list includes data compiled by the United Nations Statistics Division. The IMF's definitive data for the past year and estimates for the current year are published twice a year in ...
Countries by nominal GNI per capita according to the Atlas method (2018) This is a list of countries by gross national income per capita in 2023 at nominal values, according to the Atlas method, an indicator of income developed by the World Bank. [1] The GNI per capita is the dollar value of a country's final income in a year, divided by its ...