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→Developing countries, middle-income countries, high-income countries and the middle-income trap
== Developing countries, middle-income countries, high-income countries and the middle-income trap ==
== Developing countries, middle-income countries, high-income countries and the middle-income trap ==
The website World Population review indicated in 2024:
{{Cquote|Arguably the single most influential factor in determining the quality of life in a given country is its economic health. The [[World Bank]]... divides countries into four categories...based upon their Gross National Income (GNI) [[per capita]]. For the 2023 financial year, the WBC Lending Group boundaries are as follows:
*Low-income economies — GNI per capita of up to $1,085 in 2021 (in USD)
*Lower-middle-income economies — GNI per capita of $1,086 to $4,255
*Upper-middle-income economies — GNI per capita of $4,256 to $13,205
*High-income economies — GNI per capita of $13,206 or more<ref>[https://worldpopulationreview.com/country-rankings/high-income-countries High-Income Countries 2024]</ref>}}
=== Developing country ===
=== Developing country ===