Question

How did the world Bank
Classify the countries based on per capita in come in 2017​

Answer 1

Answer:

The World Bank assigns the world's economies into four income groups — high, upper-middle, lower-middle, and low. We base this assignment on GNI per capita calculated using the Atlas method

Answer 2

Answer:

The World Bank assigns the world's economies into four income groups — high, upper-middle, lower-middle, and low. We base this assignment on GNI per capita calculated using the Atlas method. The units for this measure and for the thresholds is current US Dollars.

At the Bank, these classifications are used to aggregate data for groups of similar countries. The income-category of a country is not one of the factors used that influence lending decisions.