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A high-income economy is defined by the World Bank as a country with a gross national income per capita of US$14,005 or more in 2023, calculated using the Atlas method. [1] While the term "high-income" is often used interchangeably with " First World " and " developed country ," the technical definitions of these terms differ.
The greatest cases of inequity typically would involve an impoverished and politically unstable country neighbouring a resource-rich and relatively stable one, although neither may be recognised as a high-income economy. As an extreme example, the GDP per capita for Saudi Arabia, is over 42 times greater to that of its neighbour Yemen.
Countries by nominal GNI per capita according to the Atlas method (2018) This is a list of countries by gross national income per capita in 2023 at nominal values, according to the Atlas method, an indicator of income developed by the World Bank. [1] The GNI per capita is the dollar value of a country's final income in a year, divided by its ...
In 1984, people in both countries lived to 75 on average, and the report points to key similarities of the high-income regions across economics, aging populations, immigrant communities, and ...
This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
We’ve listed headline PIT rates along with some other handy facts. If you think income taxes are high in the United States, try living in one of these 20 countries. 19. (tie) Greece. Capital: Athens
With a headline personal income tax rate (PIT) of 37%, the U.S. tied for just the 41st highest in the latest roundup by GOBankingRates, sourced from PricewaterhouseCoopers' World Tax Summaries.
For example, for the 2022 fiscal year, a low income country is defined as one with a GNI per capita less than 1,045 in current US$; a lower middle-income country is one with GNI per capita between 1,046 and 4,095 in current US$; an upper middle-income country is one with GNI per capita between 4,096 and 12,695 in current US$, and a high income ...