According to the World Bank, what are the GNP per capita thresholds that define low-income, middle-income, and high-income countries?

Show Answers

Below $900, between $900 and $9,000, and above $9,000Under $5,000, from $5,000 to $15,000, and over $15,000Less than $100, ranging from $100 to $1,000, and exceeding $1,000Under $5,000, from $5,000 to $150,000, and above $150,000

Explanation

The World Bank classifies countries based on GNP per capita as follows: low-income countries have less than $900, middle-income countries range from $900 to $9,000, and high-income countries have more than $9,000. This classification helps in economic analysis and policy formulation.