Group Definitions

Geographic region: Classifications and data reported for geographic regions are for low-income and middle-income economies only. Low-income and middle-income economies are sometimes referred to as developing economies. The use of the term is convenient; it is not intended to imply that all economies in the group are experiencing similar development or that other economies have reached a preferred or final stage of development. Classification by income does not necessarily reflect development status.

Income group: Economies are divided according to GNI per capita, calculated using the World Bank Atlas method. The groups are: low income, lower middle income, upper middle income, and high income, .

For more information on please go to Country Classification.