Answer» - 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's 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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