The world’s Income
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The Global Finance Magazine recently released an article comparing countries by income across the world for 2015, sourcing data from the World Bank. Gross National Income (GNI) per capita is the final income earned by a country’s residents divided by the total population.
Countries are divided into 4 different groups:
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Group 1 – Low income: $1,045 or less
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Group 2 – Lower middle income: $1,046 to $4,125
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Group 3 – Upper middle income: $4,126 to $12,745
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Group 4 – High income: $12,746 or more
Based on the data of 204 countries, below is a breakdown of the number of countries that fall within each of the 4 income groups listed above.
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Group 1 – Low income: 17%
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Group 2 – Lower middle income: 25%
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Group 3 – Upper middle income: 26%
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Group 4 – High income: 32%
Oceania, Asia and Africa
Oceania
Asia
Africa