Question

per capita income of low Income countries is in decimals


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Answer 1

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According to the World Bank, low-income countries are nations that have a per capita gross national income (GNI) of less than $1,026. ... The lower-middle-income nations have GNI per capita of $1,026 to $4,035. Finally, low-income countries have GNI per capita of $1,025 per less.

Answer 2

Answer:

As of 1 July 2016, low-income economies are defined as those with a GNI per capita, calculated using the World Bank Atlas method, of $1,025 or less in 2015; lower middle-income economies are those with a GNI per capita between $1,026 and $4,035