Question

what criteria are used by word bank to diffenciate between develop and developing country

Answer 1

World Bank use different kinds of criteria like par capital income

Answer 2

The World Bank uses the Per capita Income as a method to measure the development of a country.

Under World Bank, developed countries are those whose per capita income is $  12616 per annum or more and less developed countries are those whose per capita income is $ 1035 or less per annum.

The UNDP publishes Human Development Report that measures the development of a country in terms of literacy, health and per capita income.According to that the countries are given Human Development Index (HDI )ranks.