Question

1. On the basis of the World Bank's parameters of
per capita income(PCI)-select 10 countries each
from High Income; Middle Income and Low Income
group(State their PCI)
2. Select any 5 countries from each category and
find out: a. Percentage of population depended on
Primary, Secondary and Tertiary Sector(Occupational
Structure)
3. Find the Birth rate,death rate and population
growth rate of each
4. Find the percentage of women population
involved in economic activity
Analyse your data/findings and see whether you can
find or establish any co-relation between the nature
of the economy and these parameters​

Answer 1

Answer:

The World Bank classifies the world's economies into four income groups — high, upper-middle, lower-middle, and low. We base this assignment on Gross National Income (GNI) per capita (current US$) calculated using the Atlas method. The classification is updated each year on July 1st.

The classification of countries is determined by two factors:

A country’s GNI per capita, which can change with economic growth, inflation, exchange rates, and population. Revisions to national accounts methods and data can also influence GNI per capita.

Classification threshold: The thresholds are adjusted for inflation annually using the SDR deflator.

New data on GNI per capita data for 2018 is now available here. More detailed information on how the World Bank classifies countries is available here.

Until last year (Fiscal Year 2019), the income classifications had an analytical purpose and did not influence the World Bank’s lending terms. However, since the last fiscal year, the high-income threshold is also a determining factor for lending rates. Surcharges are applied for lending rates of countries which have been categorized as high income for two consecutive years.

Updated Thresholds

New thresholds are determined at the start of the World Bank’s fiscal year in July and remain fixed for 12 months regardless of subsequent revisions to estimates. The thresholds for income classification have increased from last year due to SDR inflation. As of July 1, 2019, the new thresholds for classification by income are:

Explanation:

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