Economy, asked by melvinsam9741, 11 months ago

How is world Bank compare the development of countries in the world? Explain

Answers

Answered by parvathy49
4

Explanation:

world bank compare countries based on their per capita income.

countries with per capita income of us$12236 per annum are classified as rich countries.

countries with per capita income of US$1005 per annum are classified as low income countries.

India comes in the category of low middle income as the per capita income is US$ 1840 in 2016

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